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Behind CEOs' Trump Rift, Frantic Hours of Calls, Calculation (1)
(Bloomberg) -- Even before President Donald Trump began speaking at Trump Tower on Tuesday afternoon, America’s most prominent CEOs knew they had a problem.<p>In the days following the racially charged violence in Virginia, where white supremacists marched with swastikas and a young woman was run down …
Donald TrumpBarcelona Is Trying to Come to Terms With Its Overtourism Problem
When Edgar Torras started leading tours of Barcelona, locals thanked him for bringing in tourists. Seventeen years later, they pelted his customers …
TourismAir Berlin's Collapse Gives Lufthansa a Chance to Expand Its Low-Cost Airline
Air Berlin Plc’s insolvency could open the way for Deutsche Lufthansa AG to add new hubs for inter-continental flights while allowing short-haul …
AirlinesPuerto Rico Isn't Really Having a 'Despacito' Tourism Boom Yet
Since the song Despacito, by the Puerto Rican artists Luis Fonsi and Daddy Yankee, came out last January, its YouTube video has been viewed more than …
TourismEgypt Is Finally Seeing Some Good Tourism News
Egypt tourism receipts almost tripled and worker remittances rose in the last three months of its fiscal year, marking another step in the country’s …
EconomyAmazon makes rare bond play in $16 billion sale for Whole Foods
Amazon.com Inc. turned to the debt markets on Tuesday to fund its $13.7 billion acquisition of Whole Foods Market Inc. and power Jeff Bezos’s planned …
MarketsAirbnb Gets More Serious About China With Tech Investments
Airbnb Inc. is ramping up its investment in China, quadrupling its engineering team over the next 12 months to focus on affluent millennials who’re …
ChinaCathay Pacific Needs to Do Something Drastic to Win Back Customers
It’s time for Cathay Pacific boss Rupert Hogg to go to the back of the plane.<p>With the company expected to announce another loss this week, Cathay …
AirlinesBloomberg Bets On In-House Agency, Consultant Services
Joining the ranks of other big publishers that have muscled into media services, Bloomberg Media is building capabilities in various areas, including …
Bloomberg TerminalOusted Uber CEO Plots a Comeback But it Is Not the Steve Jobs Kind
Travis Kalanick lost his job as chief executive officer at Uber Technologies Inc. in June. That, it turned out, was just the beginning of the latest …
John SculleySaudi Arabia Tourism at Center of Development Plans But It Will Be a Tough Sell
After relying on oil to fuel its economy for more than half a century, Saudi Arabia is turning to its other abundant natural resource to take it …
Saudi ArabiaThe Silicon Valley startup trying to save customers a trip to the pumps
For Dana Dwyer, an Oracle Corp. employee and mom, a full tank of gasoline at the end of her workday is something she describes with just two words: …
Business (Canada)London banker and CU grad freed in probe into woman pushed in front of bus
Eric Bellquist, a partner at Hutton Collins & Co., was dismissed by Metropolitan Police as the jogger who pushed a woman into the path of a London …
Crime3 Uber Investors Ask Benchmark to Vacate Board Seat
Three Uber Technologies Inc. investors said a lawsuit against co-founder Travis Kalanick was designed to “hold the company hostage” and asked …
UberVacations Are Not Practical for Many Europeans
Summertime doesn’t make living easier in Greece.<p>While tourists are flocking to the Mediterranean country from all over the world, more than 50 …
TravelBuy Ads Based Off President's Tweets? Bloomberg Media Says Why Not
Marketers may soon be able to cash in on the president's tweets.<p>Bloomberg Media on Thursday described its latest ad offering, a product called Trigr …
Bloomberg TerminalHedge funds gain influence in passive boom
by Lukanyo Mnyanda<p>The decade-long growth of cheap index-tracking funds is giving hedge funds an unexpected influence in setting market prices.<p>As …
FinanceUber Operations Boss Ryan Graves to Step Down as Management Shakeup Heats Up
Ryan Graves, an integral figure in the early days of Uber Technologies Inc., is stepping down from his management role after a tumultuous year.<p>Graves …
UberLocal Newburyport radio station bought by Bloomberg
The North Shore has lost a radio local voice. Bloomberg Radio, a nationwide 24-hour business and finance radio network, has taken over Newburyport’s …
BostonAirlines Hate Flying to Venezuela Because of Stickups and Dirty Fuel
Airlines are continuing to pull out of Venezuela, and they have a whole series of grievances including staff held up at gun point, luggage theft, …
VenezuelaHousing Market’s New Dominant Force: Baby Boomers Who Won't Sell
(Bloomberg) -- Jake Yanoviak is hunting for houses. On a weekday afternoon in North Philadelphia, the 23-year-old painter cruises along on his bike, its black paint obscured under stickers from breweries and rock bands. He turns onto a side street, where he spots a few elderly neighbors, standing …
MillennialsIn a Job Market This Good, Who Needs to Work in the Gig Economy?
Uber Technologies Inc., Instacart and other gig-economy companies are straining to attract and keep the short-term laborers who give rides, shop for groceries and deliver meals at the tap of an app.<p>Amid low unemployment and fierce competition, startups have begun offering richer perks, benefits and …
BusinessUber Planning to Rid Itself of Unsustainable Car-Leasing Program
Uber Technologies Inc. is trying to unload its costly U.S. subprime car-leasing program.<p>The ride-hailing company’s board determined Xchange Leasing, …
UberAudioburst launches a web and mobile search engine for audio news
Audio is beginning to play an increasingly important role in how consumers connect with information, thanks to the popularity of podcasts and other short-form audio programming, improvements in voice technologies, and the growing consumer adoption of smart home devices like the Amazon Echo and …
StartupsEgyptian Hotel Projects Attract Large Investment From Saudi Billionaire
Saudi Arabian billionaire Prince Alwaleed Bin Talal will team with Egyptian developer Talaat Moustafa Group to invest $800 million in Egyptian hotel …
EgyptPremier Credit Cards for Travel Are Now Requiring a Much Higher Spend
Citigroup Inc. just unveiled an updated version of its premium credit card, the Citi Prestige. The new card is made of metal—like its direct …
JPMorgan Chase & CoFifty Years On, Southeast Asia Emerges as Global Growth Leader
(Bloomberg) -- The Association of Southeast Asian Nations has much to crow about as it marks its 50th anniversary: economic and social progress, a …
EconomicsOnce-Rejected FAA Software Upgrade May Prevent Planes From Landing on Taxiways
The U.S. Federal Aviation Administration is implementing recommendations it rejected six years ago that could have prevented pilots from nearly …
AviationProject management: 5 tips for managing your project budget
Budget overruns are a litmus test for project success or failure. Few companies have an unlimited budget, so the first thing project stakeholders …
Project ManagementHow Trump’s twitter personality compares with 105 business leaders’, according to data scientists
Decoding US president Donald Trump’s tweets has become a sport of sorts, with political Twitter turning out some gems.<p>For instance, on July 31, a few hours following the announcement that Anthony Scaramucci had been pushed out of the White House after only 10 days of service, and following several …
Personality