Talking Biz News Today — May 7, 2021

Some of Friday’s top business news stories: Associated Press US unemployment claims fall to a pandemic low of 498,000, by Christopher Rugaber Peloton expects to lose $165 million in revenue from recall, by Joseph Pisani CNN Desperate buyers are going to extremes to land a home, by Anna Bahney One of the world’s top restaurants […]

Qwick Takes: ESG investing is heating up

This week, Talking Biz News Deputy Editor Erica Thompson reached out to Qwoted’s community of experts to inquire about ESG investments, an area turning into the hottest new trend on Wall Street. Check out some of the top commentary: Craig Jonas CEO at CoPeace: The ESG growth were presently seeing should continue indefinitely for several […]

Talking Biz News Today — May 6, 2021

Some of Thursday’s top business news stories: Associated Press Small business COVID-19 relief program runs out of money, by Joyce M. Rosenberg GM expects big 2021 profit, says it’s managing chip shortage, by Tom Krisher CNN Peloton recalls all treadmills after a child’s death and 70 injuries, by Chris Isidore, Jordan Valinsky ETFs are the […]

Peloton recalls all treadmills

Peloton is recalling all treadmills after one child died and numerous people were injured by the equipment. CNBC’s Lauren Thomas reported: Peloton announced Wednesday voluntary recalls of both its treadmill machines over safety concerns. The announcement marked a major reversal of Peloton’s initial reaction and comes after weeks of discussions with the U.S. Consumer Product […]

Talking Biz News Today — May 5, 2021

Some of Wednesday’s top business news stories: Associated Press Pfizer’s posts $4.9B 1Q profit as vaccine strategy pays off, by Linda A. Johnson WTO mulling intellectual property waivers for vaccines, by Jamey Keaten CNN American factories are desperate for workers. It’s a $1 trillion problem, by Matt Egan The world’s largest jewelry brand is ditching […]

Talking Biz News Today — May 4, 2021

Some of Tuesday’s top business news stories: Associated Press Treasury announces plans to borrow $463 billion this quarter, by Martin Crutsinger Virus cases plunge and LA, San Francisco come back to life, by Brian Melley, Janie Har CNN Epic Games and Apple spar over consoles and walled gardens on opening day of trial, by Rishi […]

Talking Biz News Today — May 3, 2021

Some of Monday’s top business news stories: Associated Press Apple’s app store goes on trial in threat to ‘walled garden’, by Michael Liedtke Wyoming backs coal with $1.2M threat to sue other states, by Mead Gruver CNN Washington Post, New York Times, and NBC News retract reports on Giuliani, by Oliver Darcy Chlorine shortage may […]

Talking Biz News Today — April 29, 2021

Some of Thursday’s top business news stories: Associated Press Fed keeps key rate near zero, sees inflation as ‘transitory’, by Christopher Rugaber Apple profit soars in latest quarter on higher iPhone sales CNN Amazon plans to raise wages for 500,000 workers, by Clare Duffy Ford posts strong earnings but warns chip shortage will get worse […]

Qwick Takes: Is the housing market overheating?

This week, Talking Biz News Deputy Editor Erica Thompson reached out to Qwoted’s community of experts to inquire about the state of the U.S. housing market and whether it may be approaching the point of overheating. Check out some of the top commentary: Erik Wright, owner of New Horizon Home Buyers: The housing market is […]

Google parent reports record profit

Alphabet, Google’s parent company, beat its own quarterly profit record in Q1, booking a 32% digital ad sales jump from a year ago. Reuters’ Paresh Dave and Subrat Patnaik reported: Google parent Alphabet Inc (GOOGL.O) on Tuesday reported record profit for the second consecutive quarter and a $50 billion share buyback but warned a surge […]