Business News

Airlines caving to Beijing despite White House protest

Airlines caving to Beijing on Taiwan despite White House protests

Policy Makers Debate Pace of Fed Rate Hike

May.21 -- Bloomberg's Kathleen Hays reports on Fed policy. She speaks on "Bloomberg Daybreak: Australia."

Asian markets mostly lower after Wall Street gains

Asian markets have mostly declined after Wall Street gained as Italy moved toward forming a euroskeptic-led government

Thousands of Vegas casino workers to vote on…

Thousands of unionized Las Vegas casino workers whose contracts expire next week are preparing to vote on whether to go on strike

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Is U.S.-China Truce an End to Trade War, or Just…

May.21 -- The U.S. and China declared a truce in their trade dispute over the weekend, but that will prove temporary if the world’s two largest economies fail to deliver on their vague commitments to re-balance trade. Bloomberg's Emma O'Brien and Kevin Cirilli report on "Bloomberg Surveillance."

Microsoft pledges to extend EU data rights…

Microsoft says it's committing to giving users worldwide the same data and privacy rights being offered to Europeans under new regulations there

Business Highlights

Business Highlights

Stratfor's Baker Sees Beijing, Washington in for…

May.20 -- Rodger Baker, Stratfor vice president of strategic analysis, discusses China's agreement to reduce trade surplus with the U.S. after recent talks. Baker speaks with Bloomberg's Betty Liu and Haidi Lun on "Bloomberg Daybreak: Australia."

The princes, the president and the fortune seekers

AP Investigation: A top fundraiser for President Donald Trump and a senior adviser to the crown prince of Abu Dhabi ran a secretive campaign, trading lobbying against Qatar for hundreds of millions in defense contracts from the United Arab Emirates

Consumer Reports raises concerns over Tesla Model…

Long emergency stopping distances, difficult-to-use controls and a harsh ride stopped Tesla's Model 3 mass-market electric car from getting a recommended buy rating from Consumer Reports

Social media under microscope in emotive Irish…

Debate is raging in Ireland over whether to lift the country's decades-old ban on abortion

Survey asks why young people stay in, leave New Hampshire

A new survey of young people in New Hampshire shows nearly a third say they definitely or probably will consider leaving the state in the next two years

Gates Foundation director to lead Pennsylvania universities

A director at the Bill and Melinda Gates Foundation has been chosen as the new chancellor of Pennsylvania's 14 state universities

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General Electric, Alphabet and Micron Technology surge

General Electric, Alphabet and Micron Technology climb while U.S. Steel slips

US demands wholesale changes in Iran policies…

The Trump administration is demanding that Iran make wholesale changes in its existing military and regional policies or face unprecedented sweeping new sanctions

How major US stock indexes fared Monday

Industrial and technology companies led stocks to solid gains Monday after the U.S. and China appeared to make significant progress in trade talks

Restaurant group negotiating to buy out Mario…

The restaurant group co-owned by Mario Batali says amid sexual misconduct allegations that it has been "actively negotiating" to buy out the celebrity chef

Markets Right Now: Relief over easing tensions lifts stocks

Signs of easing trade tensions between the U.S. and China sent stocks solidly higher on Wall Street, giving the Dow Jones industrial average its biggest gain in two weeks.

The Latest: Italian League chief: No need to fear…

Right-wing leader Matteo Salvini says other European nations have no reason to worry about Italy's soon-to-be-born populist government

US Treasury bills rates rise to highest in nearly a decade

US Treasury bills rates rise to highest in nearly a decade

Divided Supreme Court sides with businesses over…

A divided Supreme Court has ruled that businesses can prohibit their workers from banding together in disputes over pay and conditions in the workplace, a decision that affects an estimated 25 million non-unionized employees

General Electric continues transformation; $11B…

GE train engine division ties up with Wabtec as GE CEO John Flannery continues to break off parts of the conglomerate

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Trump pulls back from brink of trade war with…

President Donald Trump praises latest trade talks with China, declaring that "barriers and tariffs" with Beijing will "come down for the first time."

Kilauea eruption: A reminder to businesses about insurance

The eruption of Mount Kilauea in Hawaii is a reminder to businesses that they can be vulnerable to nature's destructive forces

UK court drops charges against Barclays in Qatar fundraising

A court has dismissed charges against Barclays relating to its emergency fundraising from Qatar at the height of the financial crisis