Talking Biz News Today — Nov. 6, 2020
Some of Friday’s top business news stories: Associated Press 751,000 seek US jobless benefits as virus hobbles economy, by Paul Wiseman Japan’s Toyota sees profit slip, holding up despite pandemic, by Yuri Kageyama CNN Sainsbury’s is closing its deli counters as shopping goes online and local, by Hanna Ziady Stocks are on track for their […]
Talking Biz News Today — Nov. 5, 2020
Some of Thursday’s top business news stories: Associated Press Jackpot! Expansion of gambling in the US wins big at polls, by Wayne Parry San Francisco voters approve taxes on CEOs, big businesses, by Daisy Nguyen CNN Americans sought out junk food and booze as election results trickled in, by Alexis Benveniste Jeffrey Epstein’s $22 million […]
Talking Biz News Today — Nov. 4, 2020
Some of Wednesday’s top business news stories: Associated Press Cruise industry throws in the towel on 2020, looks to 2021, by Matt Ott Virus hospitalizations surge as pandemic shadows US election, by Alexandra Olson CNN ‘Surreal.’ Reporters share what it was like to cover the Trump and Biden campaigns, by Brian Stelter Waymo pulls self-driving […]
California approves measure to keep Uber drivers independent contractors
Californian voters passed a proposition that will allow Uber and Lyft to continue treating their drivers as independent contractors rather than employees. Taryn Luna from the Los Angeles Times reported: Californians sided with the $200-million Proposition 22 campaign led by Uber and Lyft, voting to pass the measure and grant ride-hail and delivery companies an […]
Talking Biz News Today — Nov. 3, 2020
Some of Tuesday’s top business news stories: Associated Press Another restaurant chain, Friendly’s, hits wall in pandemic, by Dee-Ann Durbin US manufacturing activity at highest levels in two years, by Martin Crutsinger CNN $284 million has already been wagered by British bettors on the US election outcome, by Chris Isidore Oil prices tumble as lockdowns […]
Walmart scraps robotics plan
Walmart has ended a plan to replace human workers with robots in a bid to automate some tasks at its stores. The Wall Street Journal’s Sara Nassauer reported the news: Walmart Inc. WMT 1.19% has ended its effort to use roving robots in store aisles to keep track of its inventory, reversing a yearslong push […]
Talking Biz News Today — Nov. 2, 2020
Some of Monday’s top business news stories: Associated Press Starbucks targets new market, in coffee exporting Laos Louisiana to have a 2-day sales tax holiday in November CNN Big Tech is strengthening its hold on the US economy, by Julia Horowitz Europe could be facing a double-dip recession, by Hanna Ziady The Wall Street Journal […]
Walmart removes guns and ammo from sales floors
Walmart has removed gun and ammunition displays from all its store sales floors to avoid theft if civil unrest escalates. Sarah Nassauer reported the news exclusively for the Wall Street Journal: Walmart Inc. WMT -0.09% has removed all guns and ammunition from the sales floors of its U.S. stores this week, aiming to head off […]
Talking Biz News Today — Oct 30, 2020
Some of Friday’s top business news stories: Associated Press Tech giants report strong results, but murky outlooks Walmart removes guns, ammunition on display at U.S. stores, by Anne D’Innocenzio CNN Amazon had a blowout quarter as people flocked to online shopping, by Nathaniel Meyersohn Exxon is cutting 1,900 US jobs as oil prices crumble again, […]
Ford beats forecasts with strong Q3 profit
Ford reported a net profit of $2.4 billion for the third quarter up by $2 billion from a year ago on strong sales. Phoebe Wall Howard from the Detroit Free Press reported: Ford Motor Co., fresh with new leadership and touting an upcoming lineup of hot new vehicles, reported a $2.4 billion net income Wednesday […]
