Trump approves TikTok deal with Oracle
The U.S. President has given his approval to a deal that would see TikTok for a common company with Oracle and Walmart. Stan Choe reported the news for the AP: President Donald Trump said Saturday he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and […]
Ericsson to buy Cradlepoint for $1.1 bln
Swedish Ericsson will buy U.S. wireless networking services provider CradlePoint for $1.1 billion to advance its 5G capabilities. Helena Soderpalm and Supantha Mukherjee reported the news for Reuters: Ericsson ERICb.ST has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday. The deal, Ericsson’s […]
Talking Biz News Today — Sept. 18, 2020
Some of Friday’s top business news stories: Associated Press COVID-19 danger continues to drive joblessness in US, by Paul Wiseman Shell files offshore drilling plans for Alaska’s North Slope CNN Nvidia’s $40 billion Arm deal might hit a snag with China, by Sherisse Pham Getting to net zero emissions could cost $2 trillion a year, […]
Talking Biz News Today — Sept. 17, 2020
Some of Thursday’s top business news stories: Associated Press Fed sees rates near zero through 2023, perhaps longer, by Christopher Rugaber New companies face tough task overcoming pandemic, recession, by Joyce M. Rosenberg CNN Snowflake shares more than double. It’s the biggest software IPO ever, by Paul R. La Monica Here’s why some state economies […]
CNN’s Phillip writing new book on Rev. Jackson
CNN political correspondent Abby Phillip, who is covering the 2020 presidential election, is writing a new book, reports Politico. She tweets: “Some personal news: I’m writing a book! Very excited to work on this political history of Rev. Jesse Jackson’s presidential runs and the impact they had on the Democratic Party and on black political […]
Torres and Sagar launching Biz Leaders Volume 4 under new branding
Adam Torres is an author, podcaster and CEO of Mission Matters Media, a media and publishing company catering to business owners, entrepreneurs, and executives. Torres is also an international speaker and author of multiple books on business and investing. His advice has also been featured in Forbes, Fox Business, Investor’s Business Daily, and The Street, […]
Justice Department launches probe into Nikola
The Department of Justice has launched an investigation into electric car maker Nikola on allegations for misleading investors. The Wall Street Journal’s Ben Foldy reported: The Justice Department has joined U.S. securities regulators in examining allegations that electric-truck startup Nikola Corp. NKLA -8.27% misled investors by making exaggerated claims about its technology, according to people […]
Talking Biz News Today — Sept. 16, 2020
Some of Wednesday’s top business news stories: Associated Press US tariffs on China are illegal, says world trade body, by Jamey Keaten FedEx’s profit jumps as residential deliveries soar, by Cathy Bussewitz CNN Apple reveals two new watches, two new iPads and a subscription bundle, by Rishi Iyengar LEGO to phase out single-use plastic packaging, […]
Journalist Marin is leaving the business of TV news
Carol Marin, one of Chicago’s most honored and respected journalist,s will be stepping down as political editor at NBC-owned WMAQ-Channel 5 and correspondent for “Chicago Tonight” at Window to the World Communications WTTW-Channel 11 after she covers the presidential election Nov. 3. She said: “It’s time to get off the stage. Everybody needs to know […]
Compass Diversified taps Melzer as managing director and head of business development
Compass Diversified Holdings, doing business as Compass Diversified, owner of leading middle market businesses, has appointed Katie Melzer as managing director and head of business development. Melzer will be working with the investment team to develop and maintain relationships with intermediaries across the country. She will also be working with the company’s existing subsidiaries to […]
