Talking Biz News Today — Nov. 27, 2019

Some of Wednesday’s top business news stories: Associated Press US home prices rose 2.1% from a year ago, by Josh Boak Ad business a boon for Amazon but a turn-off for shoppers, by Joseph Pisani CNN Global car sales are set for a terrible year. Here’s what that means for manufacturing, by Anneken Tappe Google’s […]

Talking Biz News Today — Nov. 26, 2019

Some of Tuesday’s top business news stories: Associated Press This stock trade isn’t free: Schwab scoops up rival for $26B, by Stan Choe Uber loses license in London over safety, vows to appeal, by Kelvin Chan CNN EBay is selling off StubHub in a $4 billion deal, by Jordan Valinsky Google fired four employees over […]

London watchdog shows Uber the door

Transport for London has taken away Uber’s license to operate in the city on concerns related to safety and security. Costas Pitas had the news for Reuters: Uber (UBER.N) was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years, pending an appeal, over […]

Talking Biz News Today — Nov. 25, 2019

Some of Monday’s top business news stories: Associated Press Grocery-carrying robots are coming. Do we need them?, by Matt O’Brien ‘Frozen 2’ heats up box office with $127M opening weekend, by Jake Coyle CNN HP rejects Xerox takeover bid, yet again, by Jill Disis Elon Musk says Tesla has received 146,000 orders for the Cybertruck […]

LVMH to take over Tiffany for $16.2 billion

Luxury concern LVMH will buy jeweler Tiffany for $16.2 billion. Angela Charlton and Rachel Lerman reported the news for the AP: French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. […]

Talking Biz News Today — Nov. 22, 2019

Some of Friday’s top business news stories: Associated Press Tesla edges into pickup truck market with electric model Monsanto pleads guilty to illegal pesticide use in Hawaii, by Audrey McAvoy CNN America’s milk industry is struggling. Don’t blame oat milk, by Danielle Wiener-Bronner Ray Dalio says the global economy is heading for a ‘great sag’, […]

Tesla showcases e-pickup

Tesla has presented its foray into pickup truck territory with the armored Cybertruck. The Associated Press reported the news: Tesla CEO Elon Musk is taking on the workhorse heavy pickup truck market with his latest electric vehicle. The “cybertruck,” an electric pickup truck, will be in production in 2021, Musk said at the Los Angeles […]

Talking Biz News Today — Nov. 21, 2019

Some of Thursday’s top business news stories: Associated Press UAW president steps down as GM sues rival over union bribery, by Tom Krisher Google reins in political advertising, by Rachel Lerman CNN PayPal is acquiring shopping reward site Honey for $4 billion, by Ahiza Garcia Amazon wants to ship you anything in 30 minutes. It’s […]

Amnesty slams Facebook, Google for rights abuse

Amnesty International has accused Facebook and Google of violating privacy rights of people with their surveillance systems. Frank Bajak had the news for the AP: Amnesty International issued a scathing indictment of the world’s dominant internet corporations, arguing in a new report that Google and Facebook should be forced to abandon what it calls their […]

Talking Biz News Today — Nov. 20, 2019

Some of Wednesday’s top business news stories: Associated Press Doubts cast on easyJet plan to be net-zero emissions airline, by Danica Kirka GateHouse, Gannett join, become largest US newspaper chain, by Tali Arbel CNN Slack’s stock plunges after Microsoft says Teams has 20 million users, by Paul R. La Monica The US economy is losing […]