bloomberg business
Bloomberg Business: Can Huckabee Woo ‘Fifty Shades’ Evangelicals?: Margaret Carlson
Copyright 2015 Bloomberg. NKWQQV6S9728 (Bloomberg View) — Presidential hopefuls Jeb Bush, Scott Walker and Chris Christie are working the Republican big-money circuit of Palm Beach, the Upper East Side of Manhattan and Aspen. In Jeb’s case, it’s going so well that last week he sent word to the deep-pocketed to
Bloomberg Business: The Real Reason Brokers Oppose a Fiduciary Standard: Paula Dwyer
Copyright 2015 Bloomberg. NKFIO26S972J (Bloomberg View) — Wall Street is wasting no time revving up its lobbying machine now that President Barack Obama has said his administration soon will propose a rule to require brokers to act as fiduciaries when advising clients on their retirement savings. Asking brokers to put clients’
Bloomberg Business: Nuclear Talks Not Tied to a Grand Bargain With Iran, Kerry Says
Copyright 2015 Bloomberg. Terry Atlas (Bloomberg) — Secretary of State John Kerry, seeking to counter a wave of anxiety among Persian Gulf allies, said a potential nuclear deal with Iran isn’t part of a “grand bargain” to improve U.S. relations with the Islamic Republic. Kerry met Thursday in Riyadh with Saudi
Bloomberg Business: Oil Heads for Weekly Gain Amid Lowest Volatility Since December
Copyright 2015 Bloomberg. NKRPWN6JIJVI (Bloomberg) — Oil headed for the first weekly gain in three weeks amid the lowest trading volatility since December. Futures advanced as much as 0.8 percent in New York and are poised for a 2.8 percent gain through March 6. The CBOE Crude Oil Volatility Index,
Bloomberg Business: Oil Climbs a Third Day Amid Signs of Slowing U.S. Supply Growth
Copyright 2015 Bloomberg. NKPXMM6TTDS3 (Bloomberg) — Oil climbed for a third day amid signs that supply growth at the biggest storage hub for crude in the U.S. may be slowing at a time when demand is improving. Futures advanced as much as 0.7 percent in New York. Stockpiles at Cushing, Oklahoma,
Bloomberg Business: Obama Sets Monday Deadline for Appealing Immigration Order
Copyright 2015 Bloomberg. NKPYNQ6JTSEO (Bloomberg) — The Obama administration said it will appeal a federal judge’s order blocking a controversial immigration program if he doesn’t lift it by Monday. The White House told U.S. District Judge Andrew Hanen in Brownsville, Texas, of the new deadline in an advisory filed Wednesday after
Bloomberg Business: Aging Australia Faces Growth Slowdown, Government Report Finds
Copyright 2015 Bloomberg. NKPSU26KLVRO (Bloomberg) — Australia faces slowing growth, declining living standards and dwindling productivity without changes to ensure higher workforce participation, according to a report released by the government today. Gross domestic product is forecast to grow at an average 2.8 percent a year in the four decades to
Bloomberg Business: Rice Says U.S. Will Block Iran, Won’t Back Away From Israel
Copyright 2015 Bloomberg. NKM3S56K50Z0 (Bloomberg) — President Barack Obama’s national security adviser said the U.S. won’t waver in assuring Israel’s security and that negotiations under way with Iran are the best way to make sure the Islamic Republic doesn’t get a nuclear weapon. Susan Rice, speaking to a pro-Israel group in
Bloomberg Business: Apple-Google $415 Million No-Poaching Accord Wins Approval
Copyright 2015 Bloomberg. NKM31I6JIJVH (Bloomberg) — Apple Inc. and Google Inc. won preliminary court approval of a $415 million antitrust settlement that would end a four-year battle over claims that they and other companies conspired to avoid hiring from each other. The ruling brings to a quiet end a case
Bloomberg Business: L-Shaped Oil Recovery Flattens V-Shaped Market Optimists: Energy
Copyright 2015 Bloomberg. NKLW2R6TTDSS (Bloomberg) — Get ready for an L-shaped oil recovery. A growing consensus is emerging from the likes of BP Plc, the International Energy Agency, shale wildcatters and even the Saudis that a near-term recovery to $100-a-barrel crude isn’t in the cards. Instead, expect a range of
