Talking Biz News Today — Feb 26, 2021
Some of Friday’s top business news stories: Associated Press Costco to raise starting hourly wage to $16; end hazard pay, by Alexandra Olson TikTok owner ByteDance to pay $92M in US privacy settlement CNN Twitter is considering letting users pay accounts they like, by Rishi Iyengar Amazon is putting cameras in its delivery vans and […]
Australia passes paid news content law
Australia passed a law that pitted it against Facebook and Google as they will now have to pay for Australian new content. CNBC’s Saheli Roy Choudhuri reported: Australia has passed a new law that will require digital platforms like Facebook and Google to pay local media outlets and publishers to link their content on news […]
Talking Biz News Today — Feb. 25, 2021
Some of Thursday’s top business news stories: Associated Press Australia passes law to make Google, Facebook pay for news, by Rod McGuirck Biden orders a review of US supply chains for vital goods, by Josh Boak, Tom Krisher CNN GameStop shares surge more than 100%, by Clare Duffy America’s unemployment problem is much worse than […]
Talking Biz News Today — Feb. 24, 2021
Some of Wednesday’s top business news stories: Associated Press New or used? Either way, price hikes squeeze US auto buyers, by Tom Krisher, Mike Householder California governor signs $7.6 billion stimulus package, by Adam Beam CNN GameStop CFO resigns a month after the Reddit trading frenzy, by Clare Duffy Oprah-backed Oatly just made a move […]
Talking Biz News Today — Feb 23, 2021
Some of Tuesday’s top business news stories: Associated Press Biden boosts pandemic lending to smallest businesses, by Zeke Miller Boeing: 777s with engine that blew apart should be grounded CNN MyPillow and CEO Mike Lindell hit with $1.3 billion lawsuit, by Jordan Valinsky After the GameStop fiasco, momentum builds for an $800 billion tax, by […]
Lucid Motors to go public in largest SPAC deal to date
EV maker Lucid Motors is set to go public through a $11.75-billion merger with a blank-check company — the largest such deal to date. Reuters reported: Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company […]
Talking Biz News Today — Feb, 22, 2021
Some of Monday’s top business news stories: Associated Press After losing a company to COVID, owners seek the next gig, by Joyce M. Rosenberg FAA orders United to inspect Boeing 777s after emergency CNN Copper prices are soaring. Here’s why that’s good news for the recovery, by Anneken Tappe Facebook, Robinhood, Uber: Tech companies feel […]
United grounds Boeing 777s after engine failure incident
United Airlines has grounded all its Boeing 777s after an engine failure on one of these planes forced a flight to return to Denver Airport shortly after takeoff. CNN’s Pete Muntean and Alaa Elassar reported: United Airlines is removing all of its Boeing 777 planes currently in service that are powered by Pratt & Whitney […]
Talking Biz News Today — Feb. 19, 2021
Some of Friday’s top business news stories: Associated Press Lights come back on in Texas as water woes rise in the South, by Paul J. Weber, Jill Bleed Pandemic restaurant closures produce glut of used equipment, by Terence Chea CNN Accenture to hire 150 moms for ‘highly coveted roles’, by Vanessa Yurkevich Walmart just boosted […]
Facebook cuts news access to Australians
Facebook has cut the access of Australians to news content on its platform in retaliation for a government plan to make social media pay for Australian news. NPR’s Bobby Allyn and Claire Miller reported: Facebook said Wednesday that it is preventing people inside Australia from accessing news stories on its platform. In addition, Facebook users […]
