Payday is here for Elon Musk
Tesla’s CEO has cleared a milestone that will allow him to buy 1.7 million company shares at a much lower than market price, making a paper profit of more than $700 million. Claudia Assis...
Category: We Talk Biz News
Talking Biz News Today — May 29, 2020
Some of Friday’s top business news stories: Associated Press Debate over $600 in jobless aid to intensify as claims rise, by Christopher Rugaber VW spending $2.2B to expand in China’s electric car market, by...
Talking Biz News Today — May 28, 2020
Some of Thursday’s top business news stories: Associated Press CEO pay has topped $12.3M. Can it keep rising post-pandemic?, by Stan Choe Boeing cuts 12,000 jobs, resumes production of grounded jet, by David Koenig...
22 U.S. states sue Trump administration over fuel efficiency legislation
As many as 22 states as well as environmentalist groups are suing the Trump administration for its plans to ease earlier legislation regarding fuel efficiency. David Shepardson reported the news for Reuters: A group...
Chicago Sun-Times expands team with two new hires
Elvia Malagón and Brett Chase will be joining the Chicago Sun-Times within the next week as part of the Chicago Community Trust grant. Currently, Malagón is a general assignment reporter at the Chicago Tribune....
News Corp. Australia to slash jobs as it shifts focus to digital
News Corp. Australia is planning on axing between 500 and 1000 jobs across its divisions amid plans for restructuring and cutting costs while consolidating its editorial and commercial operations. As per reports, the company...
Uber and Lyft drivers sue New York
Drivers from Uber and Lyft are suing New York state for refusing or delaying unemployment payments. Sonia Moghe reported the news for CNN: A federal lawsuit alleges that New York State has refused to...
Talking Biz News Today — May 27, 2020
Some of Wednesday’s top business news stories: Associated Press Congress shifts attention to overhauling small-business aid, by Andrew Taylor, Lisa Mascaro Citgo sues Miami firm over millions lost in Venezuela fraud, by Joshua Goodman...
Veteran news executive at CBS, NBC, Small dies aged 93
Broadcast news executive William J. Small, who led CBS News’ Washington coverage and was later president of NBC News and United Press International, died Sunday at the age of 93. The cause of his...
VW loses Dieselgate case at German court
Germany’s top court ruled against Volkswagen in the so-called Dieselgate case, ordering the company to compensate car owners. Ilona Wissenbach reported the news for Reuters: Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles...
