Talking Biz News Today — Jan 11, 2021

Some of Monday’s top business news stories: Associated Press New law cracks down on shell companies to combat corruption, by Joshua Goodman Semiconductor shortage forces automobile production cuts, by Tom Krisher, Michael Liedtke CNN Nearly 4 million Americans have been out of work for at least six months, by Tami Luhby Corporate America halts donations […]

Talking Biz News Today — Jan 8, 2021

Some of Friday’s top business news stories: Associated Press Hiring likely weakened in December amid resurgent virus, by Christopher Rugaber Pfizer study suggests vaccine works against virus variant, by Lauran Neergaard CNN Elon Musk overtakes Jeff Bezos to become world’s richest person, by Chris Isidore Bitcoin tops $40,000 — just days after passing $30,000, by […]

Boeing to pay $2.5 bln to settle 737 Max charges

Boeing has agreed to pay more than $2.5 billion to settle charges of criminal conspiracy related to a series of fatal incidents involving its 737 Max aircraft. CNBC’s Leslie Josephs reported: Boeing agreed to pay more than $2.5 billion to settle a criminal probe with the U.S. Justice Department, which accused the company of concealing […]

Talking Biz News Today — Jan. 7, 2021

Some of Thursday’s top business news stories: Associated Press Fed supported advance notice before changing bond purchases, by Martin Crutsinger Regulators get plan for undoing the Atlantic Coast Pipeline, by Sarah Rankin CNN Self-driving pioneer Waymo dumps the term ‘self-driving’, by Matt McFarland Cannabis stocks soar, Big Tech sinks following Georgia elections, by Paul R. […]

Talking Biz News Today — Jan. 6, 2021

Some of Wednesday’s top business news stories: Associated Press California governor plans $4 billion for economic recovery, by Adam Beam Trump widens US ban on Chinese apps as his term nears end, by Barbara Ortutay, Michael Liedtke CNN Americans are buying cars again, by Chris Isidore Oil soars near $50 after OPEC and Russia agree […]

Talking Biz News Today — Jan. 5 2021

Some of Tuesday’s top business news stories: Associated Press Slack kicks off 2021 with a global outage, by Michelle Chapman Fiat Chrysler, Peugeot shareholders approve merger, by Colleen Barry, Tom Krisher CNN MGM makes $11 billion bid for UK gambling group, by Charles Riley Google workers have formed the company’s first-ever union, by Brian Fung […]

Fiat Chrysler, Peugeot shareholders vote for merger with Peugeot

The shareholders of Fiat Chrysler and Peugeot have voted in favor of the carmakers’ merger with overwhelming majority. Reuters reported: The shareholders of Fiat Chrysler and Peugeot have voted in favor of the carmakers’ merger with overwhelming majority. Shareholders in Italian American carmaker Fiat Chrysler (FCA) on Monday approved a $52 billion plan to merge […]

Talking Biz News Today — Jan. 4, 2021

Some of Monday’s top business news stories: Associated Press Cuts likely as Fiat Chrysler-PSA tie-up nears approval, by Colleen Barry, Tom Krisher Tesla’s annual sales up 36% but comes short of delivery goal CNN Bitcoin soars past $33,000, its highest ever, by Shannon Liao These five patents offer hints about what an Apple car could […]

Bitcoin hits all-time high

Bitcoin reached an all-time high of more than $33,000 over the weekend thanks to growing interest from institutional investors. Alden Bentley from Reuters reported: Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is […]

Talking Biz News Today — Dec. 31, 2020

Some of Thursday’s top business news stories: Associated Press US bans second Malaysian palm oil giant over forced labor, by Margie Mason, Robin McDowell Scandal-battered utility now faces specter of pricy lawsuits, by Mark Gillispie CNN Europe strikes major investment deal with China despite US concerns, by Charlie Riley These businesses were the surprise winners […]