Talking Biz News Today — May 18, 2021

Some of Tuesday’s top business news stories: Associated Press Downtown stores, businesses await their customers’ return, by Joyce M. Rosenberg Buffett’s firm sells off financials, halves Chevron stake, by Josh Funk CNN Long working hours are killing hundreds of thousands of people a year, WHO says, by Amy Woodyatt Airline industry execs talk up hopes […]

Talking Biz News Today — May 17, 2021

Some of Tuesday’s top business news stories: Associated Press Pipeline operator says “normal operations” have resumed AP’s top editor calls for probe into Israeli airstrike, by Hope Yen CNN AT&T’s WarnerMedia and Discovery are in talks about combining, by Brian Stelter The stakes couldn’t be higher for America’s first major offshore wind farm, by Matt […]

AT&T talks media merger with Discovery

AT&T and Discovery are negotiating the spinoff of AT&T’s media business and its merger with Discovery Inc. Bloomberg’s Ed Hammond reported: AT&T Inc. is preparing to spin off its media business and merge it with Discovery Inc. in a tax-friendly deal, according to people with knowledge of the matter, a surprise reversal for a company […]

Talking Biz News Today — May 14, 2021

Some of Friday’s top business news stories: Associated Press Desperate for workers, US restaurants and stores raise pay, by Christopher Rugaber Disney Q2 revenue drops on continued weakness in parks, by Mae Anderson CNN Chips are in short supply. Manufacturers are spending big to prevent a repeat, by Diksha Madhok Bitcoin’s crash is very bad […]

Talking Biz News Today — May 13, 2021

Some of Thursday’s top business news stories: Associated Press Biden signs order to beef up federal cyber defenses, by Alan Suderman As chip shortage goes on, cars are scarce and prices are up, by Tom Krisher CNN Bitcoin drops around 12% after Elon Musk tweets that Tesla will not accept it as payment, by Rishi […]

Qwick Takes: The Colonial Pipeline attack and its wider security implications

This week, Talking Biz News Deputy Editor Erica Thompson reached out to Qwoted’s community of experts to inquire about the security implications of the Colonial Pipeline outage following a ransomware attack last week. Check out some of the top commentary: Bruce Dahlgren, CEO of MetricStream Inc.: Recent high-profile hacks, such as Colonial Pipeline and SolarWinds, […]

Talking Biz News Today — May 12, 2021

Some of Wednesday’s top business news stories: Associated Press Emergency program to give people $50 off internet bill, by Tali Arbel Gas stations report shortages as pipeline shutdown drags on, by Cathy Bussewitz, Jeff Amy, Bobby Caina Calvan CNN Victoria’s Secret is becoming a publicly traded company, by Jordan Valinsky Iron ore prices go ballistic […]

Talking Biz News Today — May 11, 2021

Some of Tuesday’s top business news stories: Associated Press Treasury to start paying out $350B in state and local aid, by Josh Boak Pipeline officials hope most service will be back by weekend, by Eric Tucker, Cathay Bussewitz, Alan Suderman CNN US pipeline shutdown sparks worries of $3 gas, by Alexis Benveniste Ford is about […]

Ransomware attrack shuts down biggest fuel pipeline in U.S.

A ransomware attack has caused the shutdown of Colonial Pipeline Co.’s entire network as the company works with cybersecurity experts to restore normal operation. Reuters’ Devika Krisha Kumar and Laila Kearney reported: The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the […]

Talking Biz News Today — May 10, 2021

Some of Monday’s top business news stories: Associated Press Ransomware gangs get more aggressive against law enforcement, by Alan Suderman Amazon blocked 10 billion listings in counterfeit crackdown, by Joseph Pisani CNN Mattel wants you to send back your toys when you’re done with them, by Alexis Benveniste Prices are rising everywhere you look, by […]