Talking Biz News

Talking Biz News Today — Aug. 7, 2020

Some of Friday’s top business news stories: Associated Press Trump bans dealings with Chinese owners of TikTok, WeChat, by Tali Arbel July US jobs report is expected to point to hiring slowdown, by Christopher...

Trump slaps ban on TikTok, WeChat

President Trump has issued a ban on U.S. transactions with ByteDance, the Chinese owner of app TikTok, and Tencent, owner of WeChat. David Shepardson and Alexandra Alper reported the news for Reuters: U.S. President...

Talking Biz News Today — August 6, 2020

Some of Thursday’s top business news stories: Associated Press Toyota’s profit plunges as pandemic halves vehicle sales, by Yuri Kageyama Bank of England holds off more stimulus, sees slow recovery CNN L’Oreal workers are...

NBCUniversal slashes 10 percent of employees

NBCUniversal began its anticipated round of redundancies on Tuesday, reportedly impacting 10 percent of the company’s 35,000 employees, reports Forbes. Laid-off staff are spread across the company’s entertainment portfolio, including its sports and cable...

Talking Biz News Today — Aug. 5, 2020

Some of Wednesday’s top business news stories: Associated Press Virgin Atlantic airline files for US bankruptcy protection Ex-Google exec sent to prison for stealing robocar secrets, by Michael Liedtke CNN EU launches antitrust probe...