Author: Irina Slav

Amazon wants anti-price gouging law

Amazon has called on federal lawmakers to introduce legislation targeting price gouging during national emergencies. Diane Bartz reported the news for Reuters: Online retailer Amazon.com, criticized for not acting quickly enough to curb sellers...

Talking Biz News Today — May 14, 2020

Some of Thursday’s top business news stories: Associated Press Powell warns of a possible sustained recession from pandemic, by Christopher Rugaber Dispute over reopening California Tesla factory may be over, by Tom Krisher CNN...

Talking Biz News Today — May 13, 2020

Some of Wednesday’s top business news stories: Associated Press Cubicle comeback? Pandemic will reshape office life for good, by Kelvin Chan Pelosi unveils $3T virus bill, warns inaction costs more, by Lisa Mascaro, Andrew...

Uber in talks to acquire Grubhub

Uber has reportedly approached Grubhub with a takeover offer. Greg Roumeliotis, Akanksha Rana, and Lisa Baertlein reported the news for Reuters: Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub...

Talking Biz News Today — May 12, 2020

Some of Tuesday’s top business news stories: Associated Press Virus unleashes wave of fraud in US amid fear and scarcity, by Ben Fox, Alan Suderman Bulging deficits may threaten prized Pentagon arms projects, by...

Talking Biz News Today — May 11, 2020

Some of Monday’s top business news stories: Associated Press Chinese investment in US drops to lowest level since 2009, by Paul Wiseman A distinct possibility: ‘Temporary’ layoffs may be permanent, by Christopher Rugaber CNN...

Neiman Marcus files for bankruptcy

Neiman Marcus is the latest victim of the Covid-19 crisis, filing for bankruptcy on Wednesday. Lauren Hirsch and Lauren Thomas reported the news for CNBC: Neiman Marcus, saddled with debt and hit by the...

Talking Biz News Today — May 8, 2020

Some of Friday’s top business news stories: Associated Press America’s business of prisons thrives even amid a pandemic, by Robin McDowell, Margie Mason Loan program is short-term fix, not cure-all, for businesses, by Joyce...