Bloomberg

IBM Investigates Allegations of Executive Misconduct in China

(Bloomberg) — International Business Machines Corp. is looking into allegations against its China head after a letter circulating online accused…

Lundbeck to Buy Longboard Pharma in $2.6 Billion Deal

(Bloomberg) — H. Lundbeck A/S agreed to acquire Longboard Pharmaceuticals Inc. in a $2.6 billion deal that boosts its drug…

CEOs and Analysts Are at Odds About S&P 500’s Earnings Outlook

(Bloomberg) — There’s an unusual divergence in Corporate America’s profit outlook this season: while analysts have cut forecasts, company guidance…

Bitcoin Jumps as Traders Weigh China Fiscal Stimulus, Trump Odds

(Bloomberg) — Bitcoin climbed to the highest level in two weeks as a mixed reaction to China’s latest stimulus efforts…

Boeing’s Endless Doom Loop Gives No Respite to CEO Ortberg

(Bloomberg) — As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker:…

Chinese Stocks Fluctuate as Traders Assess Fiscal Support Vows

(Bloomberg) — Chinese stocks fluctuated in early trading on Monday as investors assessed the potential impact of the support measures…

Asian Investors Wary as China Briefing Disappoints: Markets Wrap

(Bloomberg) — Financial markets got off to a cautious start to the week as China’s Finance Ministry briefing at the…

Volatile Bond Market Puts Traders on Defense Amid Fed-Cut Doubts

(Bloomberg) — Bond investors are going on defense as the outlook for the Federal Reserve’s interest-rate cutting path turns more…

ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect

(Bloomberg) — The European Central Bank will probably advance the global push for monetary easing in the coming week with…

China Puts Investor Patience to Test as Key Meeting Underwhelms

(Bloomberg) — China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors had hoped for, indicating…