Latest News Updates From Bloomberg News

Business, Fuel

Oil Resumes Decline, One Day After Surge

West Texas Intermediate oil fell for the fourth time in five days as OPEC said it expects weaker demand for its crude, and U.S. output climbed to the highest in records dating to January 1983.

January 15, 2015
Business, Fuel

Time to Call a Bottom? Oil Futures Surge

Crude oil surged the most in more than 2 1/2 years Jan. 14 after falling to the lowest since 2009.

January 14, 2015
Business

Initial Jobless Claims Fall by 4,000

U.S. jobless claims fell by 4,000 last week, the Labor Department reported Jan. 8.

January 8, 2015
Business

Jobless Claims Rise by 17,000 During Volatile Holiday Period

More Americans filed applications for unemployment benefits for the first time in five weeks, displaying the typical year-end holiday swings that make the data difficult to interpret.

, December 31, 2014
Business

West Coast Longshoremen Seek Direct Talks With Shippers

West Coast dockworkers asked that major employers on the board of the Pacific Maritime Association join in contract negotiations that have stretched over seven months.

December 30, 2014
Business

Planning to Watch Bowl Games? Get Ready for Ford F-150 Ad Blitz

When Ford Motor Co. unleashes an ad blitz for its new F-150 during college football bowl games Dec. 31 and Jan. 1, it will emphasize how much the aluminum-bodied pickup can haul and tow. There will be no mention of fuel-economy gains that Ford says are one of the truck’s key attributes.

, December 29, 2014

VIDEO: Making Deliveries Greener, UPS Set to Buy Electric Trucks

Amp Electric Vehicles CEO Steve Burns discusses the commercial drone market and the company’s electric delivery trucks on Bloomberg’s “Market Makers.”

December 22, 2014
Government

Senate Approves $1 Trillion Spending Bill and HOS Provision Suspension; Obama Signs into Law

The Senate has passed the $1 trillion federal spending bill that includes the suspension of a key HOS restart provision.

December 12, 2014
Business, Fuel

Another Milestone: Oil Below $60 A Barrel

West Texas Intermediate oil dropped below $60 a barrel for the first time since July 2009 as Saudi Arabia questioned the need to cut output, signaling its priority is defending market share. Brent fell to a five-year low.

December 11, 2014
Business

VIDEO: Holiday Delivery Season Off to Good Start, Says UPS CEO

David Abney, CEO of UPS Inc., which ranks No. 1 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, talks to Trish Regan on Bloomberg Television’s “Street Smart” about the company’s outlook for parcel deliveries during the holiday season.

December 9, 2014