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    This is the official page for Bloomberg News headlines. Stay up-to-date on the top global business news of the day.
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  1. Insider trading comes to Playboy. "The move of insider trading from the boardroom into the bedroom in cases like [Christie] Hefner’s is one indication that the crime has become so pervasive that even people with significant assets figure it’s like bending down to pick up a quarter on the street." | http://bloom.bg/UPvmY9
  2. Lawmakers from both parties are leaving rhetorical room for a split-the-difference agreement with President Barack Obama on a U.S. budget deal. Can lawmakers get their acts together put together a deal before the U.S. goes over the fiscal cliff? | http://bloom.bg/RkQPsV
  3. EXCLUSIVE: Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before | http://bloom.bg/UrKc2k
  4. The U.S. Supreme Court will review gay marriage for the first time in 2013, ruling on California's Proposition 8 and the Defense of Marriage Act | http://bloom.bg/SLYjU1

    (Photo: Jin Lee/Bloomberg)
    Photo: The U.S. Supreme Court will review gay marriage for the first time in 2013, ruling on California's Proposition 8 and the Defense of Marriage Act | http://bloom.bg/SLYjU1

(Photo: Jin Lee/Bloomberg)
  5. BREAKING: Gay marriage gets U.S. Supreme Court review for the first time
  6. Harvard and Cornell universities have joined Yale University and Dartmouth College in cracking down on out-of-control behavior as drinking, hazing and sexual harassment endanger students and tarnish Ivy League reputations. | http://bloom.bg/YV83zd

    (Photo: Michael Fein/Bloomberg)
    Photo: Harvard and Cornell universities have joined Yale University and Dartmouth College in cracking down on out-of-control behavior as drinking, hazing and sexual harassment endanger students and tarnish Ivy League reputations. | http://bloom.bg/YV83zd

(Photo: Michael Fein/Bloomberg)
  7. This single Facebook post from July just put Netflix and CEO Reed Hastings in a boatload of trouble with the SEC | http://bloom.bg/YUUHml
    Photo: This single Facebook post from July just put Netflix and CEO Reed Hastings in a boatload of trouble with the SEC | http://bloom.bg/YUUHml
  8. "When Susan Rice was seven years old, her schoolmates' parents pegged her to become the first African- American president of the United States."

    How the UN ambassador became the front-runner to replace Hillary Clinton as Secretary of State | http://bloom.bg/YUwNYr

    (Photo: Mario Tama/Getty Images)
    Photo: "When Susan Rice was seven years old, her schoolmates' parents pegged her to become the first African- American president of the United States."

How the UN ambassador became the front-runner to replace Hillary Clinton as Secretary of State | http://bloom.bg/YUwNYr 

(Photo: Mario Tama/Getty Images)
  9. BREAKING: U.S. November payrolls rise 146,000, jobless rate falls to 7.7%
  10. This is the story of how David Slaine became the FBI's top informant in the the U.S. crackdown on Wall Street insider trading, from Galleon Group to SAC Capital Advisors | http://bloom.bg/XvAinJ

    (Photo: Stephen Chernin/Bloomberg)
    Photo: This is the story of how David Slaine became the FBI's top informant in the the U.S. crackdown on Wall Street insider trading, from Galleon Group to SAC Capital Advisors | http://bloom.bg/XvAinJ

(Photo: Stephen Chernin/Bloomberg)
  11. Republican U.S. Senator Jim DeMint of South Carolina, a leader of fiscal conservatives in Congress who has clashed with his party's leaders, said he will leave in the middle of his term to head the Heritage Foundation. | http://bloom.bg/TMoXtR

    (Photo: Alex Brandon/AP)
    Photo: Republican U.S. Senator Jim DeMint of South Carolina, a leader of fiscal conservatives in Congress who has clashed with his party's leaders, said he will leave in the middle of his term to head the Heritage Foundation. | http://bloom.bg/TMoXtR

(Photo: Alex Brandon/AP)
  12. What's at stake in the fiscal cliff debate? Explore our interactive roadmap to America's economic future | http://bloom.bg/XuPUYx
    Photo: What's at stake in the fiscal cliff debate? Explore our interactive roadmap to America's economic future | http://bloom.bg/XuPUYx
  13. Greece's economy has contracted every quarter for four years and one in four Greeks is jobless. Austerity measures have cut public employee salaries and benefits, reduced government services and raised taxes. For thousands of Greeks, the fa...
    bric of middle-class life is unraveling. | http://bloom.bg/TExtKY

    "I feel like my life has slipped through my hands," says Anastasia Karagaitanaki, 57, is a former model and cafe owner in Thessaloniki, Greece. "I feel like I'm dead."

    (Photo: People wait outside a free clinic in Athens -- Adam Ferguson/The New York Times via Redux)
    See More
    Photo: Greece's economy has contracted every quarter for four years and one in four Greeks is jobless. Austerity measures have cut public employee salaries and benefits, reduced government services and raised taxes. For thousands of Greeks, the fabric of middle-class life is unraveling. | http://bloom.bg/TExtKY

"I feel like my life has slipped through my hands," says Anastasia Karagaitanaki, 57, is a former model and cafe owner in Thessaloniki, Greece. "I feel like I'm dead."

(Photo:  People wait outside a free clinic in Athens -- Adam Ferguson/The New York Times via Redux)
  14. Apple plans to spend more than $100 million next year on building Mac computers in the U.S., shifting a small portion of manufacturing away from China. | http://bloom.bg/TTRQDG

    "Next year we're going to bring some production to the U.S.," ...
    Cook said in an interview with Bloomberg Businessweek. "This doesn't mean that Apple will do it ourselves, but we'll be working with people and we'll be investing our money.

    (Photo: Apple Inc. Chief Executive Officer Tim Cook -- David Paul Morris/Bloomberg)
    See More
    Photo: Apple plans to spend more than $100 million next year on building Mac computers in the U.S., shifting a small portion of manufacturing away from China. | http://bloom.bg/TTRQDG

"Next year we're going to bring some production to the U.S.," Cook said in an interview with Bloomberg Businessweek. "This doesn't mean that Apple will do it ourselves, but we'll be working with people and we'll be investing our money.

(Photo: Apple Inc. Chief Executive Officer Tim Cook -- David Paul Morris/Bloomberg)
  15. EXCLUSIVE: Bloomberg Businessweek sits down with Apple CEO Tim Cook: http://buswk.co/QJxBM7

    "Next year we are going to bring some production to the U.S. on the Mac. We’ve been working on this for a long time, and we were getting closer to ...
    it. It will happen in 2013. We’re really proud of it. We could have quickly maybe done just assembly, but it’s broader because we wanted to do something more substantial. So we’ll literally invest over $100 million."
    See More
    EXCLUSIVE: Apple CEO Tim Cook on bringing Mac manufacturing back to the U.S., Samsung, Steve Jobs, and more: "I think we do have a responsibility to create jobs." | http://buswk.co/VlN6Xx
    Photo: EXCLUSIVE: Apple CEO Tim Cook on bringing Mac manufacturing back to the U.S., Samsung, Steve Jobs, and more: "I think we do have a responsibility to create jobs." | http://buswk.co/VlN6Xx
  16. Apple fell 6.4 percent and lost $34.9 billion in market value today, the biggest drop since December 2008, after China's largest wireless carrier agreed to carry Nokia's new Lumia phone. | http://bloom.bg/YBHVdP

    (Photo: Tony Avelar/Bloomberg)
    Photo: Apple fell 6.4 percent and lost $34.9 billion in market value today, the biggest drop since December 2008, after China's largest wireless carrier agreed to carry Nokia's new Lumia phone. | http://bloom.bg/YBHVdP 

(Photo: Tony Avelar/Bloomberg)
  17. A few dozen Republican defectors have joined a bipartisan call to break the impasse between President Barack Obama and House Speaker John Boehner over taxes for the highest- earning Americans. | http://bloom.bg/SGyFjA

    Photo: Kay Granger of...
    Texas said in an interview that acceding to Obama's demand to extend tax cuts for top earners, as suggested by Republican Tom Cole of Oklahoma, is "just the right thing to do." (Andrew Harrer/Bloomberg via Getty Images)
    See More
    Photo: A few dozen Republican defectors have joined a bipartisan call to break the impasse between President Barack Obama and House Speaker John Boehner over taxes for the highest- earning Americans. | http://bloom.bg/SGyFjA

Photo: Kay Granger of Texas said in an interview that acceding to Obama's demand to extend tax cuts for top earners, as suggested by Republican Tom Cole of Oklahoma, is "just the right thing to do." (Andrew Harrer/Bloomberg via Getty Images)
  18. Starting in 2016, Netflix will gain exclusive rights to stream new releases from Disney, including those from Pixar and Marvel. Does the Netflix-Disney deal mean that online viewing has become mainstream and poses a major threat to traditional pay TV? | http://bloom.bg/XqGvRK

    (Photo: Scott Eells/Bloomberg)
    Photo: Starting in 2016, Netflix will gain exclusive rights to stream new releases from Disney, including those from Pixar and Marvel. Does the Netflix-Disney deal mean that online viewing has become mainstream and poses a major threat to traditional pay TV? | http://bloom.bg/XqGvRK

(Photo: Scott Eells/Bloomberg)
  19. Citigroup, the third-biggest U.S. bank, said it will take a pretax charge of about $1 billion this quarter as part of a plan to eliminate more than 11,000 jobs. | http://bloom.bg/TCcyYQ
  20. BREAKING: Citigroup to cut over 11,000 jobs, take pretax charge of $1 billion in fourth quarter
  21. Wal-Mart nixed safety upgrades at the Bangladesh garment factory where a fire killed more than 100 last month, declaring at a 2011 safety meeting that paying suppliers more to help them upgrade their manufacturing facilities was "too costly...
    .' | http://bloom.bg/UezTyO

    (Photo: A Bangladeshi Army personel walks through rows of burnt sewing machines after a fire in the nine-storey Tazreen Fashion plant in Savar, north of Dhaka, Bangladesh. -- AFP/Getty Images)
    See More
    Photo: Wal-Mart nixed safety upgrades at the Bangladesh garment factory where a fire killed more than 100 last month, declaring at a 2011 safety meeting that paying suppliers more to help them upgrade their manufacturing facilities was "too costly.' | http://bloom.bg/UezTyO

(Photo: A Bangladeshi Army personel walks through rows of burnt sewing machines after a fire in the nine-storey Tazreen Fashion plant in Savar, north of Dhaka, Bangladesh. -- AFP/Getty Images)
  22. "We have the potential of getting a deal done." In an exclusive interview with Bloomberg Television, President Barack Obama said that the Republican's latest offer on resolving the so-called fiscal cliff doesn't go far enough and won't raise the revenue needed to shrink the deficit by $4 trillion over the next decade. | http://bloom.bg/TFOpmW

    (Photo: Alex Wong/Getty Images)
    Photo: "We have the potential of getting a deal done." In an exclusive interview with Bloomberg Television, President Barack Obama said that the Republican's latest offer on resolving the so-called fiscal cliff doesn't go far enough and won't raise the revenue needed to shrink the deficit by $4 trillion over the next decade. | http://bloom.bg/TFOpmW

(Photo: Alex Wong/Getty Images)
  23. Microsoft and Intel's push to combat Apple's iPad in the $63.2 billion tablet market is getting off to a slow start. | http://bloom.bg/Vwpfq7

    Which would you prefer to own: Microsoft's Surface or Apple's iPad?

    (Photo: David Paul Morris/Bloomberg)
    Photo: Microsoft and Intel's push to combat Apple's iPad in the $63.2 billion tablet market is getting off to a slow start. | http://bloom.bg/Vwpfq7

Which would you prefer to own: Microsoft's Surface or Apple's iPad? 

(Photo: David Paul Morris/Bloomberg)
  24. Islands most vulnerable to rising sea levels are pushing for a climate-damage insurance program at the UN climate talks. "All we are asking is that they help us with these issues that aren't our doing." | http://bloom.bg/VrhDch (Photo: Getty Images)
    Photo: Islands most vulnerable to rising sea levels are pushing for a climate-damage insurance program at the UN climate talks. "All we are asking is that they help us with these issues that aren't our doing." | http://bloom.bg/VrhDch (Photo: Getty Images)
  25. For entrepreneurs, "France is no longer a sexy place to be. . . . With all the costs, the taxes and the social pressure, France looks more like an old maid." | http://bloom.bg/TFbQKI (Photo: Balint Porneczi)
    Photo: For entrepreneurs, "France is no longer a sexy place to be. . . . With all the costs, the taxes and the social pressure, France looks more like an old maid." | http://bloom.bg/TFbQKI (Photo: Balint Porneczi)
  26. Google can't use some of its patents to block sales of Microsoft products, a federal judge ruled. | http://bloom.bg/TEXB91 (Photo: Tim Boyle)
    Photo: Google can't use some of its patents to block sales of Microsoft products, a federal judge ruled. | http://bloom.bg/TEXB91 (Photo: Tim Boyle)
  27. American companies are supplanting China from the world's 500 biggest stocks faster than at any time in the past decade | http://bloom.bg/YHmTJm (Photo: Scott Eells)
    Photo: American companies are supplanting China from the world's 500 biggest stocks faster than at any time in the past decade | http://bloom.bg/YHmTJm (Photo: Scott Eells)
  28. Compelling scenes from the ongoing Hurricane Sandy recovery effort in Rockaway, Queens, in New York -- PHOTOS: http://bloom.bg/TrcTxt

    (Photograph by Rachel Chandler)
    Photo: Compelling scenes from the ongoing Hurricane Sandy recovery effort in Rockaway, Queens, in New York -- PHOTOS: http://bloom.bg/TrcTxt

(Photograph by Rachel Chandler)
  29. BP, suspended from winning new U.S. government contracts for its role in the biggest oil spill in the nation's history, has military deals with a potential value of more than $2 billion set to expire in the next two years. | http://bloom.bg/Vjs0yI

    (Photo: Oil-stained waters in the Gulf of Mexico -- Kari Goodnough/Bloomberg)
    Photo: BP, suspended from winning new U.S. government contracts for its role in the biggest oil spill in the nation's history, has military deals with a potential value of more than $2 billion set to expire in the next two years. | http://bloom.bg/Vjs0yI

(Photo: Oil-stained waters in the Gulf of Mexico -- Kari Goodnough/Bloomberg)
  30. How drilling companies use regulatory exemptions to keep the chemicals used in fracking a secret from the American public | http://bloom.bg/11pAKTJ

    (Photo: Drill pipe sits on a rack near a Nabors Industries Ltd. crude oil drill rig -- Daniel Acker/Bloomberg)
    Photo: How drilling companies use regulatory exemptions to keep the chemicals used in fracking a secret from the American public | http://bloom.bg/11pAKTJ

(Photo: Drill pipe sits on a rack near a Nabors Industries Ltd. crude oil drill rig  -- Daniel Acker/Bloomberg)
  31. The U.S. birth rate has fallen to the lowest point since records began in 1920s. The rate has dropped 6 percent for U.S.-born women and plummeted 14 percent for foreign-born females since the onset of the recession in 2007. | http://bloom.bg/TqsVaZ

    (Photo: Getty Images)
    Photo: The U.S. birth rate has fallen to the lowest point since records began in 1920s. The rate has dropped 6 percent for U.S.-born women and plummeted 14 percent for foreign-born females since the onset of the recession in 2007. | http://bloom.bg/TqsVaZ

(Photo: Getty Images)
  32. Congressional Republicans dug in to fight President Barack Obama's plan to skirt the fiscal cliff, rejecting his tax-and-spending proposal as the president heads out today to sell it to the American public. | http://bloom.bg/11pzjEB

    (Photo: Andrew Harrer/Bloomberg)
    Photo: Congressional Republicans dug in to fight President Barack Obama's plan to skirt the fiscal cliff, rejecting his tax-and-spending proposal as the president heads out today to sell it to the American public. | http://bloom.bg/11pzjEB

(Photo: Andrew Harrer/Bloomberg)
  33. Speaker John Bohner: President Obama needs to "get serious" about fiscal cliff talks | http://bloom.bg/11k8Bxb

    Speaker Boehner is walking a fine line between compromiser and tough negotiator | http://bloom.bg/11434LZ

    (Photo: Win McNamee/Getty Images)
    Photo: Speaker John Bohner: President Obama needs to "get serious" about fiscal cliff talks | http://bloom.bg/11k8Bxb

Speaker Boehner is walking a fine line between compromiser and tough negotiator | http://bloom.bg/11434LZ

(Photo: Win McNamee/Getty Images)
  34. Citigroup's trading and investment-banking unit plans to eliminate 150 more jobs, slash 2012 bonuses by as much as 10 percent. | http://bloom.bg/ToapA0

    (Photo: Dado Galdieri/Bloomberg)
    Photo: Citigroup's trading and investment-banking unit plans to eliminate 150 more jobs, slash 2012 bonuses by as much as 10 percent. | http://bloom.bg/ToapA0

(Photo: Dado Galdieri/Bloomberg)
  35. Three out of four global investors expect President Barack Obama and congressional leaders to reach a short-term agreement to avert more the 'fiscal cliff | http://bloom.bg/112ANpe

    (Photo: Toby Jorrin/AFP via Getty Images)
    Photo: Three out of four global investors expect President Barack Obama and congressional leaders to reach a short-term agreement to avert more the 'fiscal cliff | http://bloom.bg/112ANpe

(Photo: Toby Jorrin/AFP via Getty Images)
  36. President Obama: "The American people are watching what we do...When the American people speak loudly enough, lo and behold, Congress listens."

    President Obama is sending Treasury Secretary Geithner to meet with congressional leaders on th...
    e fiscal cliff, marking the first face-to-face talks between high-ranking administration officials and top lawmakers since Nov. 16. | http://bloom.bg/UcKkou

    (Photo: Andrew Harrer/Bloomberg)
    See More
    Photo: President Obama: "The American people are watching what we do...When the American people speak loudly enough, lo and behold, Congress listens."

President Obama is sending Treasury Secretary Geithner to meet with congressional leaders on the fiscal cliff, marking the first face-to-face talks between high-ranking administration officials and top lawmakers since Nov. 16. | http://bloom.bg/UcKkou

(Photo: Andrew Harrer/Bloomberg)
  37. Comment group is one of the most active cyber espionage teams from China, compromising over 1,000 victims including, according to a leaked classified cable, the computer networks of the U.S. Army and State Department. Here's how they nearly toppled a California bank. | http://bloom.bg/WvkdJm

    INFOGRAPHIC: On the hunt for Comment group, China's infamous hacking circle | http://bloom.bg/YqWLlT
    Photo: Comment group is one of the most active cyber espionage teams from China, compromising over 1,000 victims including, according to a leaked classified cable, the computer networks of the U.S. Army and State Department. Here's how they nearly toppled a California bank. | http://bloom.bg/WvkdJm

INFOGRAPHIC: On the hunt for Comment group, China's infamous hacking circle | http://bloom.bg/YqWLlT
  38. Apple's Eddy Cue, who took charge of map software last month, is racing to turn around the troubled service, firing a senior manager and urging partners to improve data amid an escalating rivalry with Google | http://bloom.bg/TqRAwu

    (Photo...
    : Apple Senior VP of iPhone Software Scott Forstall demonstrates the new map application during the 2012 Apple WWDC keynote address on June 11, 2012 in San Francisco. -- Justin Sullivan/Getty Images)
    See More
    Photo: Apple's Eddy Cue, who took charge of map software last month, is racing to turn around the troubled service, firing a senior manager and urging partners to improve data amid an escalating rivalry with Google | http://bloom.bg/TqRAwu

(Photo: Apple Senior VP of iPhone Software Scott Forstall demonstrates the new map application during the 2012 Apple WWDC keynote address on June 11, 2012 in San Francisco. -- Justin Sullivan/Getty Images)
  39. SAC Capital Advisors, the $14 billion hedge fund run by Steven Cohen, received a Wells notice related to alleged insider trading by a portfolio manager who was arrested last week. Trades by ex-SAC manager Mathew Martoma are at the center o...
    f what prosecutors call the biggest insider-trading scheme. | http://bloom.bg/RiKfmC

    The SEC is said to be considering claims against Cohen as well | http://bloom.bg/WveweC

    (Photo: Mathew Martoma, a former portfolio manager at a unit of SAC Capital Advisors LP, center, exits federal court with defense lawyer Charles Stillman, left, in New York, on Nov. 26 -- Jin Lee/Bloomberg)
    See More
    Photo: SAC Capital Advisors, the $14 billion hedge fund run by Steven Cohen, received a Wells notice related to alleged insider trading by a portfolio manager who was arrested last week.  Trades by ex-SAC manager Mathew Martoma are at the center of what prosecutors call the biggest insider-trading scheme. | http://bloom.bg/RiKfmC

The SEC is said to be considering claims against Cohen as well | http://bloom.bg/WveweC

(Photo: Mathew Martoma, a former portfolio manager at a unit of SAC Capital Advisors LP, center, exits federal court with defense lawyer Charles Stillman, left, in New York, on Nov. 26 --  Jin Lee/Bloomberg)
  40. BP, which agreed to plead guilty to criminal charges after the worst oil spill in U.S. history, will be temporarily suspended from winning new contracts from the federal government. | http://bloom.bg/SqelTC

    (Photo: Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. Photograph: U.S. Coast Guard via Getty Images)
    Photo: BP, which agreed to plead guilty to criminal charges after the worst oil spill in U.S. history, will be temporarily suspended from winning new contracts from the federal government. | http://bloom.bg/SqelTC

(Photo: Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. Photograph: U.S. Coast Guard via Getty Images)
  41. Purchases of new U.S. homes unexpectedly dropped by 0.3 percent in October, showing limited progress in the housing market recovery. | http://bloom.bg/V2KgX0

    (Photo: A row of new homes under construction stand in Las Vegas, Nevada. -- Jacob Kepler/Bloomberg)
    Photo: Purchases of new U.S. homes unexpectedly dropped by 0.3 percent in October, showing limited progress in the housing market recovery. | http://bloom.bg/V2KgX0

(Photo: A row of new homes under construction stand in Las Vegas, Nevada. -- Jacob Kepler/Bloomberg)
  42. FLASH: SEC said to consider extending claims against SAC to Cohen
  43. FLASH: SEC notice to SAC said to cite fraud, 'control person' liability, doesn't name Cohen
  44. Goldman Sachs CEO Lloyd Blankfein is among the executives scheduled to meet with President Barack Obama today. The president is trying to enlist business support for his campaign to extend tax cuts for middle- income Americans while letting rates rise for top earners.| http://bloom.bg/SpZNmI
  45. BREAKING: BP temporarily suspended from new contracts with U.S. government
  46. In an exclusive interview with Bloomberg News, Singapore Prime Minister Lee Hsien Loong said encouraging citizens to have more children is the biggest challenge confronting the island nation if it wishes to remain an economic juggernaut in the developed world. | http://bloom.bg/V0N72I
    Photo: In an exclusive interview with Bloomberg News, Singapore Prime Minister Lee Hsien Loong said encouraging citizens to have more children is the biggest challenge confronting the island nation if it wishes to remain an economic juggernaut in the developed world. | http://bloom.bg/V0N72I

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