News Feed

Some refiners could wait several weeks for oil even after the Strait of Hormuz is fully reopened, keeping up the pressure on prices. Macquarie Group Global Energy Strategist Vikas Dwivedi said in a recent note that oil could hit a record of $200 a barrel if the Iran war drags on. He speaks on Bloomberg Surveillance.  (Source: Bloomberg)

US job openings fell and hiring slowed notably in February while US consumer confidence unexpectedly rose in March. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)

Amazon and MGM promised to spend around $1 billion each year on theatrical releases, a figure that would fund between 12 and 15 films annually.

These stocks saw significant declines in the month.

The company, which is flush with cash from sales of its market-leading GLP-1 franchise, has been an active dealmaker.

Bloomberg Intelligence's Sam Fazeli discusses Eli Lilly's $7.8 billion acquisition of Centessa, marking the company's entry into the sleep disorder drug market. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

Volvo Car AB should start producing its Chinese sister brand’s models at its factories as the auto industry grapples with overcapacity, according to its billionaire owner Li Shufu.

Nvidia has also made $2 billion investments in CoreWeave, Nebius and Coherent in recent months.

Microsoft founder Bill Gates is one of many high-profile people who have suffered reputational fallout from their relationship with Jeffrey Epstein.

McCormick’s stock was headed for its worst month since September 1980 after the spice maker announced terms of a $44.8 billion deal to combine with Unilever’s foods business.

With the federal government set to pull back significantly from lending to students, private student lenders are gearing up to fill the void. A new report indicates a large share of students could be left behind.

With the federal government set to pull back significantly from lending to students, private student lenders are gearing up to fill the void. A new report indicates a large share of students could be left behind.

“The economy feels a bit miserable right now,” one financial-wellness expert says. “I’m shifting from autopilot to a more intentional strategy.”

McCormick will pay a combination of cash and equity to expand further into condiments and spreads.

Delta Air Lines said it would equip hundreds of aircraft with Amazon’s nascent satellite-internet system.

The tie-up between Unilever and McCormick highlights a shift in strategy among consumer goods companies that prioritizes dominating specific categories

Prices are rising at Netflix and Amazon, while Hulu revives ‘Malcolm in the Middle’ and HBO Max has new seasons of ‘Hacks’ and ‘Euphoria’

Gas prices in the US keep surging. The nationwide average has now topped $4 a gallon for the first time since August 2022 due to the war with Iran. Bloomberg's Julian Lee reports. (Source: Bloomberg)

Nvidia has also made $2 billion investments in CoreWeave, Nebius and Coherent in recent months.

Unilever agreed to combine its food business with spice maker McCormick & Co. in a $44.8 billion deal. Under the agreement, McCormick will pay $15.7 billion and the equivalent of $29.1 billion McCormick shares for most of Unilever’s food business. Crystal Tse has more on "Bloomberg Open Interest." (Source: Bloomberg)

The Securities and Exchange Commission’s Office of Investor Education and Assistance (OIEA) today announced that as part of April’s National Financial Literacy Month it will highlight financial planning tools and resources on Investor.gov to…

Microsoft founder Bill Gates is one of many high-profile people who have suffered reputational fallout from their relationship with Jeffrey Epstein.