Author: Irina Slav

Ericsson to buy Cradlepoint for $1.1 bln

Swedish Ericsson will buy U.S. wireless networking services provider CradlePoint for $1.1 billion to advance its 5G capabilities. Helena Soderpalm and Supantha Mukherjee reported the news for Reuters: Ericsson ERICb.ST has agreed to buy...

Talking Biz News Today — Sept 18, 2020

Some of Friday’s top business news stories: Associated Press COVID-19 danger continues to drive joblessness in US, by Paul Wiseman Shell files offshore drilling plans for Alaska’s North Slope CNN Nvidia’s $40 billion Arm...

Talking Biz News Today — Sept. 17, 2020

Some of Thursday’s top business news stories: Associated Press Fed sees rates near zero through 2023, perhaps longer, by Christopher Rugaber New companies face tough task overcoming pandemic, recession, by Joyce M. Rosenberg CNN...

Justice Department launches probe into Nikola

The Department of Justice has launched an investigation into electric car maker Nikola on allegations for misleading investors. The Wall Street Journal’s Ben Foldy reported: The Justice Department has joined U.S. securities regulators in...

Talking Biz News Today — Sept. 16, 2020

Some of Wednesday’s top business news stories: Associated Press US tariffs on China are illegal, says world trade body, by Jamey Keaten FedEx’s profit jumps as residential deliveries soar, by Cathy Bussewitz CNN Apple...