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.

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

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.

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'.

Plagued by cuts, Lebanon survives on floating power plants

Lebanon gets third floating power station from Turkey to ease rolling blackouts during its sticky summers

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."

Chinese leader arrives for Africa visit as US…

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

Trump Criticized Federal Reserve For Raising…

The Fed's stated goal is to keep the economy steadily growing and avoid inflation.

Mnuchin: Overall US economy not harmed by trade…

US Treasury Secretary Steven Mnuchin said Saturday that the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have been hurt

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."

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

Comcast Drops Out Of Bidding War For 21st Century…

Comcast had been in a bidding war with Disney for Fox's entertainment assets.

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Analysts: Trump tariff threats unlikely to yield…

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

June CPI Another Heartbreaker for BOJ, Says…

Jul.19 -- Izumi Devalier, head of Japan economics at Bank of America Merrill Lynch, discusses Japan's June CPI data and what it means of the economy. She speaks on "Bloomberg Daybreak: Asia."

Africa sees 1st carbon-neutral brewery amid climate concerns

Africa sees 1st carbon-neutral brewery amid climate change concerns; 'great for the industry'

Wharton Fed Historian Weighs in on Trump's…

Jul.19 -- Peter Conti-Brown, a Federal Reserve historian at the University of Pennsylvania's Wharton School, discusses President Donald Trump's criticism of the Fed's rate hikes. He speaks with Bloomberg's Julie Hyman, Joe Weisenthal and Scarlet Fu on "What'd You Miss?"

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

Eaton Vance's Gaffney Predicts 'Good' U.S. Growth…

Jul.19 -- Kathleen Gaffney, Eaton Vance portfolio manager and director of diversified fixed income, and Bloomberg's Vince Cignarella react to President Donald Trump's recent comments on Federal Reserve monetary policy. They speak with Bloomberg's Shery Ahn and Jon Erlichman on "Bloomberg Markets."

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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

Director James Gunn fired from 'Guardians 3' over…

James Gunn has been fired as director of "Guardians of the Galaxy Vol. 3" because of old tweets that recently emerged where he joked about subjects like pedophilia and rape