Business News

Senate GOP Won't Push To Block ZTE From Buying US…

Blocking ZTE from buying U.S. goods would likely have put it out of business.

G-20 calls for more dialogue on rising trade…

The world's top financial officials are calling for more dialogue on trade disputes that threaten global economic growth, with one warning that differences remain and tensions could escalate further

Trade War May Spark a Chinese Debt Crisis…

Jul.22 -- Anne Stevenson-Yang, a Bloomberg Opinion columnist and co-founder of J Capital Research, who has a quarter century of experience in China and previously worked at the U.S.-China Business Council, talks about the trade dispute between the two nations, and the implications for the world's second-largest economy. She speaks with Kathleen Hays on Bloomberg Daybreak: Australia."

Jeep exec takes over Fiat, marking end of…

Jeep executive Mike Manley will be the new CEO of Fiat Chrysler Automobile after longtime leader Sergio Marchionne's health suddenly deteriorated following surgery

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Your Parents' Financial Success Might Determine…

Statistics aren't destiny, but your economic success is likely to be similar to your parents'.

Pass it On: Executive insights on staffing challenges

Staffing expert: In a tight labor market, small businesses should emphasize company culture and opportunities

China's Luck on Yuan Devaluation Risks Running Out

Jul.22 -- For more than a month, China seemed to be enjoying the advantage of exchange-rate depreciation without the global backlash and panicky capital outflows that accompanied the bout of yuan weakening in 2015. Then Donald Trump took issue. Bloomberg's Tom Mackenzie reports on "Bloomberg Daybreak: Australia."

New UK Brexit chief: We may not pay exit fee if…

Britain's new Brexit chief has suggested Britain might not pay its 39 billion pound ($51 billion) divorce bill if no trade agreement with the European Union is reached

All shell, no shock: Lobster prices strong…

New England's lobster industry faces big new challenges in selling the seafood to Europe and China, but the trouble hasn't caused prices to budge much for American consumers

G-20 Finance Chiefs Warn Trade Tensions Threaten…

Jul.22 -- Global growth remains robust and many emerging-market countries are better prepared to face crises, but risks to the world economy have increased, finance chiefs from the Group of 20 nations said at the end of their summit. Meanwhile, U.S. Treasury Secretary Steven Mnuchin said there’s no chance of a currency war erupting. Bloomberg's Patrick Gillespie reports on "Bloomberg Daybreak: Australia."

Inspector warned duck boat company of design…

A private inspector who warned a Missouri duck boat company about safety flaws more than a year ago says the biggest problem with the watercraft is the canopy that can trap people underneath during bad weather

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'Wonder Woman,' 'Aquaman' and 'Shazam!" thrill…

'Wonder Woman,' 'Aquaman' and 'Shazam!" thrill Comic-Con audience during Warner Bros. panel

Treasury Secretary: Trump not threatening Fed's…

U.S. Treasury Secretary Steven Mnuchin said Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates

Chinese leader arrives for Africa visit as US…

Chinese president arrives for Africa visit as US interest under Trump wanes

Analysts: Trump tariff threats unlikely to yield…

Analysts: Trump tariff threats to China, Europe unlikely to yield trade deals

Fed More Likely to Hike to Prove Independence…

Jul.20 -- University of Rochester Professor and Bloomberg Opinion Columnist Narayan Kocherlakota weighs-in on President Donald Trump's comments about Federal Reserve monetary policy and Federal Reserve Chairman Jerome Powell's message to Congress earlier this week. He speaks on "Bloomberg Daybreak: Americas." His opinions are his own.

Egypt hikes natural gas prices by up to 75 percent

Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent

MGM turns to never-tested law to sue Vegas…

MGM Resorts International is relying on a never-tested law as it sues hundreds of victims of the deadliest mass shooting in modern U.S. history

ING Says Trump's Fed Intervention Sows `Seeds of…

Jul.20 -- ING Bank FX Strategist Viraj Patel discusses President Donald Trump's intervention on Federal Reserve policy and its impact on the dollar. Bloomberg's Marty Schenker also speaks on "Bloomberg Surveillance."

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Netflix unveils first 8 Shonda Rhimes projects…

Netflix announces the first of 8 shows Shonda Rhimes and her company are producing for the streaming giant

Recession Is Not Very Imminent in U.S., Says…

Jul.20 -- Geraldine Sundstrom, managing director and head of asset allocation at Pimco, discusses the flattening yield curve in the U.S. and the possibility of a recession. She speaks on "Bloomberg Markets: European Open."