Coverage: Greek deadline draws near
Greece is back in the news as creditors are trying to force a deal before $8 billion in bailout funds are set to be released on Friday. Germany called an emergency meeting and didn’t invite Greece. The New York Times story by Jim Yardley had these details about the meeting and what the European Union […]
Coverage: A U.S. saving economy?
While it might not be the end of the consumer-driven economic growth, this quarter more people were putting money away instead of spending it, particularly on big ticket items. It might be good news for some, but could put a damper on the economic recovery. The Reuters story by Lucia Mutikani had these details about […]
Coverage: Intel back To bidding for Altera
This week was a busy one for reporters covering chip makers. It looks like the sector will see yet another large deal if Intel is able to finally able to come to terms with Altera for an acquisition. The Wall Street Journal had this story by Dana Cimilluca, Dana Mattioli and Don Clark: Intel Corp.’s on-again-off-again […]
Coverage: Avago buys Broadcom for $37 Billion
There are a lot of deals lately, but Thursday brought a huge one. Avago is purchasing rival chip maker Broadcom for $37 billion to create a $77 billion company. The The USA Today story by Kevin McCoy and Mike Snider said the deal was one of the largest in tech history: Chipmaker Avago Technologies (AVGO) Thursday announced plans […]
Coverage: What to expect next from Google Pay
Google is expected to unveil new payment products at its developer conference on Thursday. That means that it’s going head-to-head with Apple and its new payments system. The New York Times story by Mike Isaac and Brian X. Chen had these details about the mobile pay plans for the tech rivals: The battle for mobile […]
Coverage: IRS breach compromises millions of data
No one is immune from data breaches these days, including the Internal Revenue Service. The latest cyber attack compromised the data for 100,000 U.S. households, throwing into question just how information can be secured these days. John D. McKinnon and Laura Saunders wrote for The Wall Street Journal that the data thieves used information stolen […]
Coverage: Charter near deal for Time Warner Cable
We’ve seen this offer before. Charter is trying to purchase Time Warner Cable – this time for $55 billion. The real question is what is different this time that will make it go through. Bloomberg had these details about the second deal in a story by Alex Sherman and Ed Hammond: Charter Communications Inc. is […]
Coverage: Amazon to change European tax policies
As most of America is off celebrating the Memorial Day holiday, Amazon is ending its tax break in Europe. The company is changing how it will account for taxes in Europe, instead of putting them through Luxembourg. The New York Times had these details in a story by Mark Scott: In the continuing battle between […]
Coverage: CVS buys Omnicare for $12 Billion
CVS is shelling out major cash to get into the long-term care business. It’s a bold move in an industry that’s already fairly consolidated. Chitra Somayaii had these details about the deal in story for Bloomberg: CVS Health Corp. agreed to acquire nursing-home pharmacy Omnicare Inc. in a deal valued at $12.7 billion, adding services […]
Coverage: June rate hike looks unlikely
Minutes from the last Federal Reserve Board meeting indicate that a rate hike is unlikely to come in June, something that some had predicted earlier in the year. It looks like officials are pushing the decision of a hike off until at least later in the year. The Reuters story by Michael Flaherty and Howard […]
