Business News

Musk Promises Brake Fix After Tesla Model 3 Gets…

Consumer Reports didn't give its sought-after recommendation to Tesla's Model 3 after finding issues with its braking performance.

Low US unemployment rate masks financial…

Low US unemployment rate masks financial struggles for many families

David Zervos' Six Reasons Why Inflation Isn't…

May.22 -- David Zervos, chief market strategist and head of global fixed income strategy at Jefferies, discusses disinflationary forces preventing the inflation story from happening. He speaks on "What'd You Miss?"

Facebook chief faces EU grilling over his…

Facebook CEO Mark Zuckerberg faced tough questions from European Union lawmakers about what one of them called Zuckerberg's "digital monster."

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Markets Right Now: Stocks ended lower, giving up early gains

Stocks turned lower in the late afternoon after being higher for much of the day and ended with modest losses.

Science and commercial satellites launched from…

A SpaceX Falcon 9 rocket carrying two U.S.-German science satellites and five commercial communications satellites has blasted off from the central California coast

NFL unanimously approves Tepper's $2.2b purchase…

The NFL has unanimously approved a $2.2 billion deal to sell the Carolina Panthers to the hedge fund founder David Tepper

'Wake-up call': Vegas casino workers vote on…

Hundreds of unionized Las Vegas casino workers have voted on whether to call for a citywide strike that could have huge implications for the tourist-dependent destination

Many cancer patients juggle care along with…

Many cancer patients juggle care along with financial pain

Congress nears dismantling of post-crisis bank rules

Congress is moving to dismantle a chunk of the rules framework for banks to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House was to approve legislation to roll back the Dodd-Frank law.

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APNewsbreak: Pentagon adopts new cellphone…

APNewsBreak: The Defense Department has approved new restrictions for the use of mobile phones and some other electronic devices in the Pentagon where classified information is present or discussed

BOE's Carney on Rates Guidance, U.K. Economy…

May.22 -- Bank of England Governor Mark Carney discusses the bank's guidance on interest rates and the outlook for the U.K. economy. These are highlights of his testimony today before the U.K.'s Treasury Select Committee in London.

Women look to make mark on male-dominated…

Women are looking to make their mark in the burgeoning cannabis business.

A look at bill to ease bank rules nearing Congress passage

A look at bill to ease bank rules nearing Congress passage

Last Thing Investors in U.K. Assets Need Is an…

May.22 -- BlackRock Global Chief Investment Strategist Richard Turnill discusses British politics, Bank of England monetary policy and U.K. assets. He speaks on "Bloomberg Surveillance."

Navarro clashes with State Department over UAE…

After striking a delicate deal with the UAE on rules for airline competition, the Trump administration went to war with itself about what it actually said

EPA blocks some media from summit, then reverses…

EPA blocks some media from Pruitt summit, then reverses course

Policy Makers Debate Pace of Fed Rate Hike

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

5-Star Movement defends Italian premier candidate…

The 5-Star Movement is defending its premier candidate against reports that he padded his resume with elite international universities

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For the first time in 226 years, woman to lead…

The New York Stock Exchange for the first time in its 226-year history will be led by a woman

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."

Sweet for Necco: 3 new bidders emerge in wafer…

Three new bidders have stepped in with offers to buy the bankrupt manufacturer of Necco Wafers, Sweethearts and other iconic candies