Talking Biz News Today — Feb. 9, 2021
Some of Tuesday’s top business news stories: Associated Press Tesla buys $1.5B in Bitcoin, will accept as payment soon, by Matt Ott Dems propose $1,400 payments as part of Biden virus relief, by Alan Fram, Kevin Freking, Josh Boak CNN US stocks are in a bubble, and it’s unclear when it will pop, hedge fund […]
South Korean carmakers not in talks with Apple on autonomous car
Hyundai and Kia said they were no longer in talks with Apple on the development of a self-driving car. Heekyong Yang and Joyce Lee from Reuters reported: South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage […]
Talking Biz News Today — Feb. 8, 2021
Some of Monday’s top business news stories: Associated Press Yellen: Biden’s plan could restore full employment by 2022, by Martin Crutsinger, Alan Fram Super Bowl ads went for light humor. Not all succeeded, by Mae Anderson CNN Despite huge losses, US airlines are rolling in cash, by Chris Isidore Negative interest rates and huge deficits […]
Talking Biz News Today — Feb. 5, 2021
Some of Friday’s top business news stories: Associated Press US unemployment claims fall to 779,000 but job cuts grind on, by Christopher Rugaber Ford loses $1.28B in 2020, raises electric vehicle spending, by Tom Krisher CNN $1.7 billion Ponzi scheme defrauded 17,000 investors, SEC says, by Ramishah Maruf Voting technology company Smartmatic files $2.7 billion […]
Johnson & Johnson asks FDA for emergency approval for vaccine
Johnson & Johnson has asked the FDA for emergency approval of its Covid-19 vaccine candidate, which is the first single-dose vaccine developed so far. The AP’s Lauran Neergaard reported: Johnson & Johnson asked U.S. regulators Thursday to clear the world’s first single-dose COVID-19 vaccine, an easier-to-use option that could boost scarce supplies. J&J’s vaccine was […]
Talking Biz News Today — Feb. 4, 2021
Some of Thursday’s top business news stories: Associated Press Why US hiring could rebound faster than you might expect, by Christopher Rugaber AP Source: McKinsey to pay $573M for role in opioid crisis, by Geoff Mulvihill CNN Google’s cloud business is losing money, by Rishi Iyengar Elon Musk admits Tesla has quality problems, by Chris […]
McKinsey to pay $573 mln to settle claims for involvement in opioid crisis
Consultancy McKinsey has agreed with states to pay $573 million to settle claims it helped pharmaceutical companies market opioid painkillers. Reuters’ Nate Raymond reported: Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it […]
Jeff Bezos steps down as CEO of Amazon
Jeff Bezos, the founder of Amazon, will step down as chief executive and become executive board chairman of the company. The AP’s Joseph Pisani reported: Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had […]
Talking Biz News Today — Feb. 3, 2021
Some of Wednesday’s top business news stories: Associated Press It’s not just GameStop worrying Wall Street about a bubble, by Stan Choe Microsoft backs Australian plan to make Google pay for news, by Rod McGuirk CNN Tesla recalls 135,000 cars after pushing back against regulators, by Peter Valdes-Dapena Pfizer expects to rake in sales of […]
Talking Biz News Today — Feb. 2, 2021
Some of Tuesday’s top business news stories: Associated Press Wall Street’s GameStop bug may have mutated; silver surges Google antes up $2.6M to settle pay, job discrimination case, by Michael Liedtke CNN SpaceX announces first-ever all-civilian space flight crew, by Jackie Wattles Millions of Ford vehicles will run on Google’s Android operating system starting in […]
