Talking Biz News Today — Dec. 12, 2019

Some of Thursday’s top business news stories: Associated Press Fed leaves low rates alone and sees no moves in near future, by Christopher Rugaber FAA analysis predicted many more Max crashes without a fix, by David Koenig CNN YouTube unveils a stricter harassment policy. Now the company just has to enforce it, by Kaya Yurieff […]

U.S. budget deficit swells to $209 bln

The budget deficit of the U.S. rose to $209 billion in November, with spending at a record-high of $434 billion. The AP’s Paul Wiseman reported the news: The U.S. budget deficit rose by 2% last month to $209 billion, another step in a journey back toward $1 trillion-a-year budget shortfalls. The Treasury Department reported Wednesday […]

Talking Biz News Today — Dec. 11, 2019

Some of Wednesday’s top business news stories: Associated Press California considers calling THC in pot a risk to moms-to-be, by Michael R. Blood Exxon Mobil prevails in lawsuit over climate regulations, by Jennifer Peltz CNN Why Netflix may need to cut prices and run ads, by Paul R. La Monica Fox Nation host Britt McHenry […]

250 journalists in jails around the world: report

As many as 250 journalists are in jail because of their work, the latest annual report of Committee to Protect Journalists showed. CNN’s Amy Woodyatt reported the news: At least 250 journalists were in jail in relation to their work as of December 1, nonprofit group the Committee to Protect Journalists said Wednesday, naming China, […]

Talking Biz News Today — Dec. 10, 2019

Some of Tuesday’s top business news stories: Associated Press Amazon says Trump’s ‘improper pressure’ doomed Pentagon bid, by Matt O’Brien, Joseph Pisani Fed is likely to reinforce a message of continued low rates, by Christopher Rugaber Fortune Fortune Poll: Move Over, Malls, as Mobile Shopping Booms, by Lance Lambert IBM Trials A.I. That Can Do […]

Morgan Stanley to slash 1,500 jobs

Morgan Stanley will reduce its headcount by 1,500 on the back of uncertainty about the global economy’s growth prospects. Elizabeth Dilts Marshall and Bharath Manjesh had the news for Reuters: Morgan Stanley (MS.N) is cutting about 2% of its workforce globally due to an uncertain global economic outlook, according to a source familiar with the […]

High-tech jobs concentrated in just 5 U.S. cities

The overwhelming majority of new high-tech jobs are being created in just five cities in the United States, a new study has shown. Howard Schneider reported the news for Reuters: A new analysis of where “innovation” jobs are being created in the United States paints a stark portrait of a divided economy where the industries […]

Talking Biz News Today — December 9, 2019

Some of Monday’s top business news stories: Associated Press Big investors up call for governments to take climate action Gannett: ‘Frontline’ reporting jobs will be last to get cut, by Tali Arbel The Wall Street Journal As Tariff Deadline Looms, Investors’ Other Worries Fade Away, by Amrith Ramkumar Five Cities Account for Vast Majority of […]

Talking Biz News Today — Dec. 6, 2019

Some of Friday’s top business news stories: Associated Press Uber reports more than 3,000 sexual assaults on 2018 rides, by Rachel Lerman, Barbara Ortutay Saudi Aramco plans $25.6B share sale in biggest ever IPO, by Aya Batrawi CNN SpaceX launches genetically enhanced ‘mighty mice’ to the International Space Station, by Jackie Wattles The Santa Claus […]

Uber safety report reveals 6,000 sexual assaults in 2 years

Uber’s first safety report released this week has revealed almost 6,000 sexual assaults committed during 2017 and 2018. Ahiza Garcia and Sara O’Brien had the news for CNN: Uber released its highly-anticipated safety report on Thursday revealing, among other details, that it received 5,981 reports of sexual assault in 2017 and 2018. Among those, there […]