OLD Media News

Talking Biz News Today – July 18, 2019

Some of Thursday’s top business stories:

Reuters:

Global stocks slide as U.S.-China trade war takes toll on earnings, by Tom Wilson

Netflix shares plunge as global growth falls short, U.S. customers shrink, by Lisa Richwine and Vibhuti Sharma

BMW to pick new CEO, Zipse emerges as favorite, by Edward Taylor

CNN:

S&P has its worst day in more than three weeks, by Anneken Tappe

IBM earnings lag as it tries to capitalize on cloud, by Clare Duffy

N26, the online bank backed by Peter Thiel, is now worth $3.5 billion, by Ryan Browne

New York Times:

Facebook’s cryptocurrency faces second day of critical hearings, by Nathaniel Popper and Mike Isaac

WSJ:

Novartis sets aside $700 million to settle bribery allegations, by Denise Roland

Ebay lifts profit outlook amid tepid revenues, by Sebastian Herrera

Fortune:

Billionaire Haim Saban to invest $500 million in new record label, by Madeline Berg

Prime Day data starts rolling in, and shows Amazon is not the only winner, by Kiri Masters

News about business journalism:

Grady Trimble joins Fox Business Network

Ryan Gould hired by Mergermarket

Seidel headed to NBC News Digital

Former columnist Kevin Myers suing the Sunday Business Post

Procter steps into role as editor-in-chief of SF Weekly

Charlotte Observer biz reporter Peralta for Charlotte Agenda

Erica Thompson

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