Author: Irina Slav

Talking Biz News Today — July 15, 2020

Some of Wednesday’s top business news stories: Associated Press Banks set aside billions, bracing for more economic pain, by Ken Sweet Canada, US and Mexico poised to extend border restrictions, by Rob Gillies CNN...

UK bans Huawei tech from 5G network

The UK government has ordered mobile companies to stop buying 5G equipment from China’s Huawei and remove any existing Huawei equipment from the network. Leo Kelion reported the news for the BBC: The UK’s...

Talking Biz News Today — July 14, 2020

Some of Tuesday’s top business news stories: Associated Press US budget deficit hits all-time high of $864 billion in June, by Tom Crutsinger Google announces $10 billion ‘digitization’ fund for India CNN Tesla scraps...

Chatham to acquire McClatchy

Hedge fund Chatham has made the winning bid for bankrupt publisher McClatchy. Ismail Shakil reported the news for Reuters: Hedge fund Chatham Asset Management’s bid succeeded in a court-supervised auction for bankrupt news publisher...

Talking Biz News Today — July 13, 2020

Some of Monday’s top business news stories: Associated Press Games maker Ubisoft shakes up staff amid misconduct probe As beach towns open, businesses are short foreign workers, by Michael Casey CNN Get ready for...

4.8 million jobs return in June

Some 4.8 million jobs were added in the U.S. in June but worry remains it would not be enough to restart the economy. Lucia Mutikani from Reuters wrote: The U.S. economy created jobs at...

Talking Biz News Today — July 2, 2020

Some of Thursday’s top business news stories: Associated Press A predicted surge in US job growth for June might not last, by Christopher Rugaber Black businesses see increased sales amid racial reckoning, by Philip...