Latest News Updates From Bloomberg News

Government, Business, Technology

FAA Proposes Opening Skies to Drones But Not For Delivering Packages

President Obama鈥檚 administration took the first step to opening the skies above the United States to widespread civilian drone flights while proposing strict limits on commercial operations, including the聽use of drones as a delivery vehicle.

February 15, 2015
Government

House OKs Keystone XL Pipeline, But Presidential Veto Looms

Congressional Republicans achieved an elusive legislative goal Feb. 11, sending a bill to approve the Keystone XL pipeline to President Obama.

February 12, 2015
Business

Factories Expand at Slowest Rate in a Year

U.S. factories expanded at the weakest pace in a year in January as orders cooled, a sign weakness in overseas markets is restraining U.S. manufacturing, the Institute for Supply Management said.

February 2, 2015
Business

Construction Spending Rises 0.4%

Construction spending rose 0.4% in December to a seasonally adjusted $982 billion annual rate, the Commerce Department reported Feb. 2.

February 2, 2015
Business, Fuel

Oil Rises as Workers Strike at Nine Refineries

Oil climbed to over $50 a barrel Monday as workers at some of the nation鈥檚 refineries began strike action.

February 2, 2015
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