Business News

Bidding War For 21st Century Fox Continues…

There's a catch. Comcast really wants to merge with 21st Century Fox, too.

American Airlines plans to cut some management jobs

American Airlines plans to cut an undisclosed number of management jobs over the next several weeks

BOJ's Kuroda Says Japan's Economy Improved…

Jun.20 -- Bank of Japan Governor Haruhiko Kuroda discusses the state of the nation's economy in the five years since the start of quantitative easing. Kuroda spoke at a European Central Bank forum in Sintra, Portugal.

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Maker Of OxyContin Has Fired The Rest Of Its…

Purdue Pharma was already downsizing.

Markets Right Now: Stocks mostly higher, led by tech, media

Stocks are mostly higher Wednesday as technology and media companies lead a recovery from the turbulent trading seen the day before

Draghi Says ECB `Confident' Inflation Is…

Jun.20 -- European Central Bank President Mario Draghi discusses inflation, the economy and monetary policy in his opening remarks at the ECB's Central Banking Forum in Sintra, Portugal.

Bourbon: One Of The All-American Targets For…

Bourbon industry groups say they're "extremely concerned" about retaliatory tariffs.

Central bank chiefs of 4 major nations raise trade concerns

Central bank chiefs from Europe, US and Japan raise worries about impact of trade conflicts

Fed's Powell Says Case Remains 'Strong' for…

Jun.20 -- Federal Reserve Chairman Jerome Powell reiterated his case for raising interest rates to keep the U.S. economy on a sustainable path. Powell spoke at a European Central Bank forum in Sintra, Portugal.

Audi's CEO Arrested In Germany Over Concerns Of…

Audi's CEO Rupert Stadler was arrested in Germany in connection with the company's diesel emissions scandal.

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Tech companies lead US stocks higher as trade…

US stocks are mostly higher, recovering some of their losses from the day before, while stock indexes overseas are mostly higher as well

Amazon, Buffett, JPMorgan pick Gawande to lead…

Amazon, JPMorgan Chase and Berkshire Hathaway are turning to well-known author and Harvard professor Dr. Atul Gawande to transform the health care they give their employees

Over 100 arrested in another large-scale immigration raid

U.S. immigration agents have arrested more than 100 workers at an Ohio meatpacking plant, the second large-scale raid in the state within the past two weeks

Former ECB Economist Issing on Populism, Monetary…

Jun.20 -- Former European Central Bank Chief Economist Otmar Issing discusses immigration, populism, ECB policy and trade tensions. He speaks from Sintra, Portugal, on "Bloomberg Surveillance."

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Burger King says sorry for Russian World Cup…

Burger King says it's sorry for an ad in Russia offering a lifetime supply of Whoppers to women who get pregnant from World Cup players

Goldman's Solomon on Trade, China Business…

Jun.20 -- David Solomon, president and chief operating officer at Goldman Sachs Group Inc., discusses trade friction between the United States and China, the firm's business in China, how he views the U.S. economy, and succession plans at the firm. He speaks with Bloomberg's Stephen Engle on "Bloomberg Surveillance."

Kate Spade Foundation to donate $1M for suicide…

Kate Spade New York has announced plans to donate $1 million to support suicide prevention and mental health awareness causes in tribute to the company's late founder