As Democrats unveiled their ambitious Green New Deal to fight climate change on Thursday, a controversy erupted over the role of nuclear power that threatened to undermine the whole effort. A fact sheet distributed by…
Wham! George Michaels Art Heads to Auction With…
George Michael’s art collection, including a couple of Damien Hirst’s pickled objets, is heading to the auction block next month. A group of 200 works will be offered at Christie’s, with prices ranging from 400…
India’s New Central Bank Chief Delivers Election Cut…
India’s new central bank chief delivered an unexpected interest rate cut, providing Prime Minister Narendra Modi with the kind of stimulus he needs to stoke economic growth in an election year. In a sharp reversal…
Maduro’s Forces Dig In at Border Bridge to…
The first shipments of U.S. humanitarian aid for Venezuela arrived at the country’s western border Thursday, setting the stage for a clash with the government of President Nicolas Maduro, who has pledged to block the…
Meat Giant Tyson Signals Potential M&A Slowdown After…
Photographer: Daniel Acker/Bloomberg Photographer: Daniel Acker/Bloomberg America’s largest meat processor has been on a buying spree, but momentum for further acquisitions may be slowing. After buying chicken-nugget maker Keystone Foods for more than $2 billion…
Apple Releases Software Fix for FaceTime Eavesdropping Flaw
Photographer: Chris Ratcliffe/Bloomberg Photographer: Chris Ratcliffe/Bloomberg Apple Inc. on Thursday released a software update for iPhones and its other devices to fix a bug that let users of its FaceTime video-chat service listen in on…
Whitaker, After Clash With U.S. House Panel, Agrees…
Matthew Whitaker Photographer: Alex Wroblewski/Bloomberg Photographer: Alex Wroblewski/Bloomberg Acting Attorney General Matthew Whitaker has agreed to appear before the House Judiciary Committee on Friday, defusing at least for the moment a charged partisan debate over…
Powell Planted Clue to Policy Switch With 2017…
Jerome Powell Photographer: Al Drago/Bloomberg Photographer: Al Drago/Bloomberg The secret behind Federal Reserve Chairman Jerome Powell’s surprise U-turn on monetary policy can possibly be found in comments he made in New York a year and…
Sasols Giant U.S. Plant Delayed, Cost Up to…
Sasol Ltd. said capital costs at its Lake Charles chemicals project in Louisiana have increased once again, to as much as $11.8 billion, and the startup will be delayed by as many as five months.…
Lenders Dump Anil Ambani Group After $1.8 Billion…
Photographer: Adeel Halim/Bloomberg Photographer: Adeel Halim/Bloomberg Lenders dumped shares of Anil Ambani group companies they held as the value of their collateral plummeted about 126 billion rupees ($1.8 billion) this month, adding to the litany…