Coverage: Yahoo faces potential proxy fight
Things at Yahoo just got a bit hazier, with Starboard Value’s Jeffery Smith threatening a proxy battle against the struggling company. In a letter to the company’s board Wednesday, Smith warned that he and his firm were ready for battle to have CEO Marissa Mayer stripped of her title along with several unspecified board members, writing the […]
Talking Biz News Today – Jan. 7, 2015
Some of Thursday’s top business news stories: The Wall Street Journal Fed minutes show officials’ concern about low inflation, by Jon Hilsenrath Apple scales back orders for its iPhones, by Eva Dou Bloomberg Land Rover climbs to the top of a record U.S. car market, by Kyle Stock BlackBerry joins self-driving car race with its own software, by Gerrit […]
Coverage: Pickups and SUVs end 2015 with strong sales
The year finished strong for automakers, particularly those selling pickups and SUVs. In December, strong demand helped set an annual record of 17.5 million vehicles sold in the United States in 2015. Gautham Nagesh and John D. Stoll of The Wall Street Journal had the day’s news: Three years ago, Lili Rodriguez gambled when she […]
Talking Biz News Today – Jan. 6, 2015
Some of Wednesday’s top business news stories: The Wall Street Journal Spirit Airlines names industry veteran Fornaro as new CEO, by Tess Stynes Volkswagen shares fall on fears of bigger U.S. penalty, by Aruna Viswanatha and Mike Spector Bloomberg This time Mideast tensions are bad news for oil, by Angelina Rascouet and Anthony Dipaola Fitbit takes on Apple Watch with the […]
Coverage: New York’s Chick-fil-A remains closed
Chick-fil-A’s first standalone location in the Big Apple opened just three months ago, but it is already facing what appears to be big trouble. The restaurant, famous for its chicken sandwich, remains closed after receiving six health code violations in late December. And company officials have not said when the franchise might reopen; sorry New Yorkers. […]
Talking Biz News Today – Jan. 5, 2015
Some of Tuesday’s top business news stories: Bloomberg Saudi clash with Iran, worst since 1980s, risks deeper conflict, by Donna Abu-Nasr Volkswagen sued by U.S. for cheating on emissions standards, by Tom Schoenberg and Alan Katz The Associated Press Stocks sink on first day of 2016 on China, Mideast worries, by Bernard Condon Medicare is changing: What’s new for beneficiaries, […]
Coverage: China’s economy causes another market slump
The new year is off to a shaky start for Chinese markets with weaker-than-expected manufacturing data causing markets to drop, forcing government officials to halt the day’s trading early. International markets are also feeling the impact from the latest signs of China’s economic slump. Paul Mozur of The New York Times explained what caused Monday’s […]
Talking Biz News Today – Jan. 4, 2015
Some of Monday’s top business news stories: The Wall Street Journal Hollywood’s banner year at the box office masks a procession of flops, by Ben Fritz and Erich Schwartzel Tech startups face fresh pressure on valuations, by Telis Demos Bloomberg Iran says its planned boost in oil exports won’t harm market, by Hashem Kalantari Tesla delivers 17,400 vehicles in […]
Coverage: Chipotle linked to more E.coli cases
Trouble stays on the menu for Chipotle Mexican Grill after the Centers for Disease Control and Prevention announced a new investigation a rare type of E.coli linked to the popular franchise. The announcement not long after the company’s CEO apologized on national television for the chain’s recent food safety struggles. Yashaswini Swamynathan of Reuters had the […]
Talking Biz News Today – Dec. 22, 2015
Some of Tuesday’s top business news stories: The Wall Street Journal Toshiba, facing $4.5 billion loss, plans deep cuts, by Takashi Mochizuki and Eric Pfanner How Jack Dorsey runs both Twitter, Square, by Yoree Koh and Greg Bensinger Quartz In a letter, Elon Musk tells Volkswagen to “cure the air, not the cars,” by Amy X. Wang ‘Tis […]
