Most talked about Bloomberg News stories

AirAsia Indonesia Flight Bound for Singapore Goes Missing

bloomberg.com — An AirAsia Indonesia flight bound for Singapore from Surabaya in east Java has gone missing and search and rescue operations are underway, according to the airline. At least 150 passengers were on board, media reports say. Flight QZ8501 lost contact at 7:24 a.m. today, the carrier said in a posting on twitter.
Dec 28, 2014

#QZ8051 search called off for today: “It’s too dark,” says J.A. Barata, spokesman at transportation ministry bloom.bg/1vjs6CC

Dec 28, 2014

Indonesian authorities suspend search for #AirAsia flight #QZ8501 with 155 passengers, 7 crew on board darkness falls bloomberg.com/news/2014-12-2…

Dec 28, 2014

t contact with airport controllers at 7:24 a.m. Indonesian time today, the Malaysia-based carrier... bloom.bg/1vjs6CC via @business

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Vacation Turns Into Nightmare for Bride-to-Be With Missing Plane

bloomberg.com — It was supposed to be their last vacation together before they got married. Instead, it has turned into a nightmare vigil in Singapore for news about a missing plane. Louise Sidharta, 25, heard about the AirAsia Bhd. plane that lost contact on her way to the airport in Surabaya, Indonesia.

Grandfather’s Illness Saves Family From Missing AirAsia Flight

bloomberg.com — Ten-year-old Christopher Incha Prasetya cried when his parents canceled a four-day trip to Singapore because his grandfather was ill. A day later, he had to be convinced the plane that would have flown them there was missing. Christopher, his parents and two siblings were among 26 people who didn't show up after buying tickets for the Dec.
Dec 28, 2014

some counting blessings while others hope and pray - Grandfather’s Illness Saves Family From Missing AirAsia Flight bloom.bg/1ExIv0R

Port Authority Oversight Bills Are Rejected by Christie, Cuomo

bloomberg.com — Governors Chris Christie and Andrew Cuomo declined to sign legislation passed unanimously in both of their state legislatures that would change the management structure at the Port Authority of New York & New Jersey.
Dec 27, 2014

Port Authority Oversight Bills Are Rejected by Christie, Cuomo bloom.bg/1zJO60S via @business

Dec 27, 2014

Port Authority Oversight Bills Are Rejected by Christie, Cuomo bloom.bg/1zJO60S via @business

Malaysian Floods Force 160,000 to Evacuate, Leave 8 Dead

bloomberg.com — Malaysia evacuated more than 160,000 people and increased relief efforts as the worst floods in decades left at least eight people dead. The affected states are Kelantan, Kedah, Terengganu, Pahang, Perak, Johor, Perlis, Negeri Sembilan and Selangor, according to state news agency Bernama. The dead include an 18-month old toddler, The Star newspaper reported today.

Hong Kong New Home Sale Proceeds to Reach Record, Centaline Says

bloomberg.com — Hong Kong's new home sales are expected to bring record proceeds this year as property developers actively sell new residential projects to raise cash for land. Full-year new private residential sales in the city are estimated at HK$175 billion ($22 billion), the highest since 1996, when the data was first collected, Wong Leung-sing, an associate research director at Centaline Property Agency Ltd., said in an e-mailed statement yesterday.

Slain Officer Called ‘Hero’ as Silent Protest Persists

bloomberg.com — Thousands of police officers and officials filled the church and lined the streets at the funeral for one of two slain New York City cops, as Mayor Bill de Blasio hailed a "hero" and some officers marked a silent protest by turning their backs as he addressed the crowd.
Dec 28, 2014

Slain Officer Called ‘Hero’ as Silent Protest Persists bloom.bg/13LJoSF via @business

Dec 27, 2014

Slain Officer Called ‘Hero’ as Silent Protest Persists bloom.bg/13LJoSF via @business

Dec 27, 2014

slain NYPD officer hailed as a hero, silent protest of de blasio persists bloom.bg/13LJoSF

Oil Market: Gianna Bern on Prices, M&A, OPEC: Video

bloomberg.com — Your next video will start in Dec. 26 (Bloomberg) -- Gianna Bern, principal at Brookshire Advisory & Research, talks about the outlook for oil prices, energy industry consolidation and the Organization of Petroleum Exporting Countries. She speaks with Olivia Sterns and Brendan Greeley on Bloomberg Television's "In the Loop."

Dollar Stages Historic 2014 Rally as All Top Peers Become Losers

bloomberg.com — The dollar hasn't had this good a year since the Berlin Wall fell, Taylor Swift was born and the World Wide Web was conceived. The greenback is set to gain against all of its 31 major counterparts in 2014 for the first time in data going back to 1989, buoyed by an improving economy and the Federal Reserve's plan to raise interest rates next year.
Dec 27, 2014

RT @pdacosta: U.S. dollar notches best year since the Berlin Wall fell, Taylor Swift was born and the World Wide Web was conceived. bloom.bg/13L7RYi

Dec 27, 2014

U.S. dollar notches best year since the Berlin Wall fell, Taylor Swift was born and the World Wide Web was conceived. bloom.bg/13L7RYi

Dec 27, 2014

Dollar Stages Historic 2014 Rally as All Top Peers Become Losers bloom.bg/13L7RYi

China’s Industrial Profits Drop Most in Two Years Amid Slowdown

bloomberg.com — China 's industrial profits fell the most in two years last month, the latest data to show a deepening slowdown in the world's second-biggest economy as pressure grows on the nation's central bank to ease monetary conditions. Total profits of China's industrial enterprises in November dropped 4.2 percent from a year earlier, the National Bureau of Statistics said today in Beijing.
Dec 27, 2014

RT @WSJCentralBanks: China’s Industrial Profits Drop Most in Two Years Amid Slowdown bloom.bg/1zHCv2o

Dec 27, 2014

#China’s Industrial Profits Drop Most in Two Years Amid Slowdown @BloombergNews #economy bloom.bg/1zHCv2o

Dec 27, 2014

China’s Industrial Profits Drop Most in Two Years Amid Slowdown bloom.bg/1zHCv2o

Gas Change-of-Mind Has BlueStar, Artemis Dubious: Israel Markets

bloomberg.com — Foreign investors are starting to abandon Israeli stocks after the antitrust regulator backtracked on a agreement underpinning the country's largest energy project. The Tel Aviv Oil & Gas index fell to the lowest in two years on Dec. 23, the day the regulator announcement was published.
Dec 28, 2014

RT @anthonywlicausi: Gas Change-of-Mind Has BlueStar, Artemis Dubious: Israel Markets: Foreign investors are star... binged.it/1wUkiNa #business #stocks

What Subprime Auto Lenders Have to Do with the 2016 Democratic Primary

bloomberg.com — Toward the middle of Elizabeth Warren's 2014 memoir, A Fighting Chance , the Massachusetts senator remembers one of the losses of the fight for a Consumer Finance Protection Bureau. Overall, the story of the CFPB is a triumph-reviewers made a note of Warren's confidence that a well-organized citizen movement could overcome lobbyist pressure, especially if their idea was popular.
Dec 26, 2014

Loophole hunters win again “@daveweigel They got Dodd-Frank exemption-surprise, auto title lenders ripping folks off bloomberg.com/politics/artic…

Dec 26, 2014

"Many of Elizabeth Warren's obsessions are obscure, until she makes them infamous." bloomberg.com/politics/artic…

Dec 26, 2014

"Many of Elizabeth Warren's obsessions are obscure, until she makes them infamous." bloomberg.com/politics/artic…

Dec 26, 2014

RT @daveweigel: They got an exemption from Dodd-Frank rules; surprise, auto title lenders are now ripping folks off bloomberg.com/politics/artic…

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The Interview and the Year That Voters Got Scared of Everything

bloomberg.com — Now that The Interview has screened in independent theaters, the news cycle has completed its natural revolution from awe to cynicism. In Delaware, where I've spent the holidays with family, three cinemas showed the film and patrons gushed with patriotic quotes.
Dec 26, 2014

RT @otis_reid: This shouldn't be news, but it essentially always is: the risk of terrorism is always overblown. Via @daveweigel bloomberg.com/politics/artic…

Dec 26, 2014

RT @daveweigel: Hey, remember those "terror threats" against theaters that played "The Interview"? bloomberg.com/politics/artic…

Dec 26, 2014

RT @ByronTau: The odds of being killed in a terrorist attack is 1 in 80,000. Same as being killed by a meteor. bloomberg.com/politics/artic…

Dec 26, 2014

RT @ByronTau: The odds of being killed in a terrorist attack is 1 in 80,000. Same as being killed by a meteor. bloomberg.com/politics/artic…

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Swedish PM Ends Call for Snap Vote After Talks, Expressen Says

bloomberg.com — Sweden 's government is set to announce that it will cancel a snap election planned for March after it held talks with the four-party opposition, newspaper Expressen reported, citing people familiar with the plan. Prime Minister Stefan Loefven and the four-party opposition have called a press conference at 10:30 a.m today.

Vietnam Economic Growth Quickens, Beating 2014 Government Target

bloomberg.com — Vietnam 's economic growth accelerated in the fourth quarter as banks increased lending and rising foreign investment boosted exports. Gross domestic product rose 6.96 percent in the fourth quarter from a year earlier, quickening from a revised 6.07 percent gain in the three months through September, according to data released by the General Statistics Office in Hanoi today.
Dec 27, 2014

RT @sphang: Vietnam Economic Growth Quickens, Beating 2014 Government Target - Bloomberg news.google.com/news/url?sa=t&…

Dec 27, 2014

Vietnam Economic Growth Quickens, Beating 2014 Government Target - Bloomberg news.google.com/news/url?sa=t&…

Dec 27, 2014

Vietnam Economic Growth Quickens, Beating 2014 Government Target - Bloomberg news.google.com/news/url?sa=t&…

Dec 27, 2014

Vietnam Economic Growth Quickens, Beating 2014 Government Target - Bloomberg news.google.com/news/url?sa=t&…

Mauritius Central Bank Chief Says He Was Removed From Office

bloomberg.com — Mauritius central bank Governor Rundheersing Bheenick said he was removed from office with immediate effect following this month's general election. "I had the privilege to serve my country," he said by phone. "I wish good luck to my successor." No successor has been named.

Japan Approves $29 Billion Spending Package to Boost Economy

bloomberg.com — Japan's government approved a 3.5 trillion yen ($29 billion) fiscal stimulus package to boost the economy after April's sales tax hike caused consumption to slump. The measures include shopping vouchers, subsidized heating fuel for the poor and low interest loans for small businesses hurt by rising input costs, and will boost gross domestic product by 0.7 percent, the government estimates.

Russia May Burn Wealth Funds in 3 Years Without Budget Revision

bloomberg.com — Russia, poised to enter a recession, will burn through its rainy-day funds in three years if the government doesn't change the budget structure, according to Finance Minister Anton Siluanov. With oil prices at $60 a barrel, Russia's economy may contract about 4 percent next year and have a budget deficit of more than 3 percent of output, Siluanov told reporters in Moscow today.
Dec 27, 2014

RT @business: Russia may burn through its reserves in 3 years unless it makes budget revisions bloom.bg/1453wjh

Dec 26, 2014

RT @alisterbull1: Russia will burn through its rainy-day funds in 3 years unless budget structure is changed, finance minister says: bloom.bg/1Eq67V9

Dec 26, 2014

Russia will burn through its rainy-day funds in 3 years unless budget structure is changed, finance minister says: bloom.bg/1Eq67V9

Dec 26, 2014

RT @business: Russia may burn through its reserves in 3 years unless it makes budget revisions bloom.bg/1453wjh

Dec 26, 2014

Russia May Burn Wealth Funds in 3 Years Without Budget Revision bloom.bg/1Eq67V9 via @business

Obamacare-Aided Insurer Almost Broke After $145M in Loans

bloomberg.com — A startup insurance company loaned $145 million by the U.S. government under Obamacare is running out of money and being taken over by state officials in Iowa. The company, CoOportunity Health, which also serves Nebraska, was placed under Iowa Insurance Commissioner Nick Gerhart's supervision this week and is no longer accepting new enrollees, according to a statement from his office.
Dec 27, 2014

RT @aawayne: Looks like Iowa's Cooportunity will be the first of Obamacare's startup insurers to fold. By @annaedney mobile.bloomberg.com/news/2014-12-2…

Dec 27, 2014

Looks like Iowa's Cooportunity will be the first of Obamacare's startup insurers to fold. By @annaedney mobile.bloomberg.com/news/2014-12-2…

Dec 27, 2014

Insurer That Got $145 Million Loan Under Obamacare Is Almost Broke  bloom.bg/1vhpYLu via @business

Dec 26, 2014

RT @crayton_h: An Iowa nonprofit got $145m from the federal government under Obamacare to offer cheaper plans. Now it's going broke. bloomberg.com/news/2014-12-2…