Bloomberg L.P.

Harry Reid Takes Time Out From Retirement to Blast Trump, Kelly

(Bloomberg) -- Former Senate Majority Leader Harry Reid on Saturday urged White House Chief of Staff John Kelly to focus on managing President Donald …

Harry Reid

Bloomberg's new London home

Bloomberg LP, the information company founded by former NYC Mayor Mike Bloomberg, has a new home for its 4,000 London employees. The European HQ, …

Business

Spain to Oust Catalan Leaders as Rajoy Aims to Crush Separatists

<b>Photo gallery by Reuters</b><p>(Bloomberg) -- Prime Minister Mariano Rajoy invoked the most far-reaching powers in the Spanish Constitution as he aimed to …

Mariano Rajoy

Lyft Gets $1 Billion to Fight Uber With Alphabet-Led Investment

Alphabet Inc.’s investment arm, CapitalG, led a $1 billion investment in Lyft Inc. that values it at $11 billion, the ride-sharing startup said …

Uber

Tillerson Vows to Stay On Until He's `No Longer Needed' by Trump

(Bloomberg) -- U.S. Secretary of State Rex Tillerson vowed to remain in his post despite some public differences with President Donald Trump and said …

Donald Trump

Mike Bloomberg Is Our Saint of Rational Self-Interest

“The world is turned upside down,” says Michael Bloomberg, the billionaire businessman, UN Special Envoy for Cities and Climate Change, three-term former New York City mayor, public health and immigrant champion, lover of cities and enemy of gun violence, climate quant, and sugar daddy many times …

Climate

Dropbox introduces new pricing tiers

Dropbox has introduced a new cloud-based file-sharing option for individual business users and a new feature for marketing and creative workers to …

Dropbox

'Wonderland for potheads': town plans to cash in on dagga tourism

In August an entire town in California was bought by American Green, a marijuana-focused technology and growing firm based in Arizona.

Cannabis

United Execs Predict Fares Will Stay Low for the Rest of the Year

United Continental Holdings Inc. said a key revenue benchmark will slide the rest of this year, signaling that fast growth and a price war with …

Airlines

Twitter in crackdown on abusive tweets

Twitter is introducing new policies to combat harassment and unwanted sexual advances on the social media site after a recent decision to disable the …

Social Media

Merlin CEO Sees Security Threats as Having Lasting Impact on the Business

Merlin Entertainments Plc shares plunged after the operator of the London Eye and Madame Tussauds attractions gave the strongest indication yet that …

Tourism

Ride-Sharing Apps Like Uber and Lyft Are Contributing to Urban Congestion

Ride-hailing services such as Uber and Lyft appear to increase the number of miles traveled by car in cities where they are heavily used, as well as …

Uber

Ryanair Pilot Battle Drags on as Biggest Base Rejects Raise Offer

Ryanair Holdings Plc’s efforts to calm disgruntled pilots were dealt a blow after crew at London Stansted Airport turned down a wage increase that …

Aviation

Airbus Will Take Control of Bombardier's New Passenger-Friendly Jet

Airbus SE agreed to acquire a majority stake in Bombardier Inc.’s C Series jetliner program, breathing new life into a slow-selling plane and opening …

Aviation

Tesla Fires Workers in Wake of Annual Performance Evaluations

Tesla Inc. has fired an undetermined number of employees following a series of performance evaluations after the company significantly boosted its …

Automotive Industry

Cathay Pacific Turnaround Envisioned in Contrarian Goldman Sachs Report

Cathay Pacific Airways Ltd. is winning back stock investors as the carrier seeks to slash costs after its worst loss in more than 20 years. Having a …

Markets

Ryanair Tries to Lure Norwegian Pilots in Bid to Boost Its Cockpits

Ryanair Holdings Plc is looking to poach pilots from Norwegian Air Shuttle ASA as the Irish discounter hits back after aircrew defections contributed …

Airlines

Home-Sharing Surge in Singapore Is a Quandary for Policy-Makers

Sizing up the home-sharing industry in Singapore has become the economist’s puzzle as the aspiring “Smart Nation” grapples with resistance to …

Singapore

Air France-KLM Is Improving its Financial Picture Under New CEO

What a difference a year makes at Air France-KLM Group: almost $4 billion in increased market capitalization.<p>The carrier’s valuation has surged …

Airlines

Heslam: Big names bandied about as buyers in radio selloff

Colossal changes are in store up and down Boston’s radio dial come the new year as five Hub stations brace for new ownership and possible format …

Trump Blasts 'Disgusting' Media as He Threatens NBC Licenses

<b>Video by AFP</b><p>(Bloomberg) -- President Donald Trump denied ever calling for a bigger U.S. nuclear arsenal and questioned whether FCC licenses should be …

Donald Trump

UK Chancellor Downplays Brexit Threat to Aviation Sector

Chancellor of the Exchequer Philip Hammond poured cold water on the idea that planes would be unable to fly from the U.K. to the European Union if …

Brexit

Merlin Entertainments Denies It's in Talks for a SeaWorld Deal

Merlin Entertainments Plc isn’t talking to SeaWorld Entertainment Inc. about an acquisition of the U.S. company or a deal for any of its parts, the …

Supreme Court Dismisses One Trump Travel Ban Case and It May Drop a Second

The U.S. Supreme Court dropped one of two cases over President Donald Trump’s travel ban, suggesting it will sidestep a constitutional showdown and …

Judiciary

Denmark Moves to Integrate the Sharing Economy Into Its Legal System

Denmark wants to bring the so-called sharing economy into its legal codex so that companies like Uber and Airbnb can be absorbed into the …

Sharing Economy

Uber Testifies in UK About Business-Model Issues

Uber Technologies Inc. said its U.K. drivers would face broad changes if required to be classified as employees with benefits, a sign the company is …

Uber

Robot analyst slaps sell rating on Facebook and Google

While human analysts are still overwhelmingly bullish on Alphabet Inc. and Facebook Inc., a new robot analyst at Wells Fargo says it’s time to …

Business (Canada)

Ctrip Leads $300 Million Round for Tujia Home-Sharing Expansion Outside China

Airbnb’s biggest rival in China, Tujia.com, has raised $300 million to fund a rapid expansion and ride a surge in Chinese families taking holidays …

China

AccorHotels Bids $930 Million for Australia's Mantra Group

<i>Update From Skift: Mantra Group has now accepted Accor Hotels’ offer, which values the company at around $920 million (A$1.18 billion). The deal is</i> …

Hospitality

Las Vegas Victims Must Now Wrestle With Bills, Banks, and Bosses

In an office just seven miles north of Las Vegas and the Mandalay Bay Resort, where a gunman killed almost 60 people and injured 500 others Sunday, …

Las Vegas