Talking Biz News Today — September 17, 2019
Some of Tuesday’s top business news stories: Associated Press Fishermen demand a say in decisions on offshore wind energy, by Wayne Parry Big global climate protests on Friday get union support, by Frank Jordans Axios Fall is tech’s back-to-hardware season, by Ina Fried California targets vaping as health fears rise, by Ursula Perano CNN GM […]
DoJ charges three JP Morgan traders with price manipulation
Federal prosecutors have indicted two current and one former JP Morgan traders with price manipulation in precious metals. Lawrence Delevingne, Susan Heavey, and Koh Gui Qing had the news for Reuters: The Department of Justice charged two current and one former JPMorgan Chase & Co (JPM.N) executives on Monday with alleged racketeering and manipulating prices […]
Talking Biz News Today — September 16, 2019
Some of Monday’s top business news stories: Associated Press Purdue Pharma files for bankruptcy as part of settlement, Geoff Mulvihill Auto workers strike against GM in contract dispute, by Tom Krisher, Mike Householder CNN London Stock Exchange rejects Hong Kong’s $37 billion takeover bid, by Hanna Ziady The Federal Reserve is poised to deliver another […]
Attacks on Saudi oil field spark fear for supply, prices shoot up
Two attacks on the Saudi oil industry have sparked fears the world may swing into a shortage of oil. CNN’s Rob McLean reported the price surge: Oil prices are trading at their highest levels since May after Saturday’s attack on Saudi Arabian oil facilities disrupted the global supply of crude. Futures retreated slightly after US […]
Talking Biz News Today — September 13, 2019
Some of Friday’s top business news stories: Associated Press CEOs speak out on gun violence, want Congressional action, by Dee-Ann Durbin, Mae Anderson US budget deficit for 11 months up $169 billion over 2018, by Martin Crutsinger CNN China is starting to eat into its emergency reserves of pork, by Laura He, Serenitie Wang US […]
ECB restarts bond-buying program
The European Central Bank yesterday restarted its quantitative easing program to prop up a still ailing eurozone economy. Julia Horowitz had the news for CNN: The European Central Bank is turning on the stimulus taps again, pushing interest rates further into negative territory in order to support the region’s flagging economy. The central bank said […]
Talking Biz News Today — September 12, 2019
Some of Thursday’s top business news stories: Associated Press Concerns rise over tainted sewage sludge spread on croplands, John Flesher, Michael Casey Government plans to ban flavors used in e-cigarettes, by Matthew Perrone CNN The United States is delaying some tariffs on China. Markets are moving higher, by Laura He, Rob McLean Europe needs Germany […]
FDA to ban vaping liquid flavors
The FDA will ban flavored vaping liquids in response to a string of fatalities linked to the practice. Richard Harris had the news for NPR: President Trump announced Wednesday that the administration will move to force e-cigarette companies to take flavored vaping products off the market, as young people’s use of them continues to rise […]
Talking Biz News Today — September 11, 2019
Some of Wednesday’s top business news stories: Associated Press China keeps penalties on US pork, soy, eases some others, by Joe McDonald Hong Kong stock exchange in talks to buy London counterpart CNN Peloton fitness startup seeks to raise over $1 billion, by Ahiza Garcia Yet another Boeing plane has a problem, by Chris Isidore, […]
Apple announces low-price streaming service
Apple has announced a $5-per-month streaming service that will intensify competition in a space dominated by Netflix. Michael Liedtke reported the news for the AP: Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. […]
