Talking Biz News Today — Dec. 5, 2019

Some of Thursday’s top business news stories: Associated Press UN climate talks aim to pave way for global carbon market, by Frank Jordans Judge tosses lawsuit over California nuclear plant fuel Fortune Amazon Faces Widening U.S. Antitrust Scrutiny in Cloud Business, by Dina Bass, David McLaughlin Naomi Nix Most Cash Register Receipts Are Coated in […]

National strike against pension reform paralyses France

A nationwide strike against a government plan to reform the pension system paralysed France this week. The AP’s Angela Charlton and Sylvie Corbet had the news: The Eiffel Tower shut down Thursday, France’s vaunted high-speed trains stood still and teachers walked off the job as unions launched nationwide strikes and protests over the government’s plan […]

Talking Biz News Today — Dec. 4, 2019

Some of Wednesday’s top business news stories: Associated Press Google co-founders step aside as antitrust scrutiny heats up, by Rachel Lerman Forever war: US and China struggle to defuse trade conflict, by Paul Wiseman Fortune Bank of America Economists Are Still Bullish on ‘Risky Assets’ in 2020, by Rey Mashayekhi Why IBM Is Joining the […]

Google co-founders step down

Google’s co-founders Sergey Brin and Larry Page have announced they will step down from their executive roles with Sundar Pichai to become CEO of parent company Alphabet. Jack Nicas and Daisuke Wakabayashi reported the news for The New York Times: Larry Page and Sergey Brin, the Stanford graduate students who founded Google over two decades […]

Talking Biz News Today — December 3, 2019

Some of Tuesday’s top business news stories: Associated Press France threatens EU retaliation over US wine tariff plan For banks, data on your spending habits could be a gold mine, by Anick Jesdanun The Wall Street Journal Treasury Eases Minimum-Tax Burdens on U.S. Multinationals, by Kate Davidson, Richard Rubin Tight Holiday-Season Calendar Will Test UPS, […]

U.S. threatens 100% tariffs on French imports

Washington trade officials have proposed the introduction of a 100% tariff on French imports worth $2.4 billion in retaliation for what they have called a barrier to trade in digital services. Brian Fung reported the news for CNN: US trade officials proposed a wave of tariffs on French goods Monday as they released a report […]

Black Friday online spending hits record

Black Friday spending online  this year may have reached $7.4 billion this year, data from Adobe suggests. CNBC’s Mallika Mitra had the news: Big turkey dinners didn’t slow down shoppers this Thanksgiving. Shoppers spent $4.2 billion online on Thanksgiving, a 14.5% increase from last year and a record high, according to data released by Adobe […]

Talking Biz News Today — Dec. 2, 2019

Some of Monday’s top business news stories: Associated Press Online shoppers boost small business sales In ride-hail boom, livery cabs feel squeezed and forgotten, Claudia Torrens CNN Warren Buffett reportedly loses a big takeover battle, by Paul R. La Monica The car industry’s electric upheaval claims another 10,000 jobs, by Chrales Riley The Wall Street […]

Talking Biz News Today — November 29, 2019

Some of Friday’s top business news stories: Associated Press Holiday stress: Amazon, others under gun for 1-day delivery, by Joseph Pisani Michigan, Illinois set to usher in recreational pot sales, by David Eggert, Kathleen Foody Fortune Facebook and Instagram Down for Many Users In Thanksgiving Outage, by Sarah Jacob Black Friday Boycotts in Europe Could […]

U.S. prosecutors open investigation into more opioid makers

Federal prosecutors have launched an investigation into six pharma companies for their potential contribution to the American opioid crisis. Tom Hals reported the news for Reuters: Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory […]