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Obama Announces $3 Billion Pledge for Food Security in Africa Ahead of G8 Summit

U.S. President Barack Obama announced on Friday (May 18) $3 billion in pledges towards alleviating hunger and boosting food security in Africa.

Latest Celebrity Gossip

John Travolta banned from Peninsula Hotel Spa in Manhattan, The Avengers break record ticket sales, Chris Hemsworth gets a baby girl, Sarah Je...

JPMorgan Chase executives to step down

JPMorgan Chase is preparing to accept three resignations this week after losing two billion in risky bets gone bad.

JPMorgan $2 Billion Loss Is Manageable, Brown Says

May 11 (Bloomberg) -- Thomas Brown, chief executive officer at Second Curve Capital LLC and a Bloomberg contributing editor, talks about JPMor...

JPMorgan Reveals $2 Billion Loss; Dow Average Rises

May 11 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source: Bloomberg)

BT Says It Has Made 3 Billion Pounds in Cost Cuts

May 10 (Bloomberg) -- BT Group Plc Chief Executive Officer Ian Livingston discusses financial results and cost cuts. He speaks with Mark Barto...

BOE Seen to Add 25-50 Billion Pounds of QE in 2012

May 10 (Bloomberg) -- Ranjiv Mann, global economist at Rogge Global Partners, discusses the Bank of England's quantitative-easing program, inf...

Haverty Sees Facebook Value Over $125 Billion

May 9 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks about the outlook for Facebook Inc.’s initial public...

France Must Save 8-10 Billion Euros by Summer 2012

May 7 (Bloomberg) -- Thierry Breton, chief executive officer of Atos Origin SA and France's former finance minister, talks about the outlook f...

Gas well revenues

In Pennsylvania, Marcellus Shale gas wells generated 3.5 billion dollars in 2011.

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