Apple drops police-tracking app on China criticism
Apple has removed a police-tracking app for Hong Kong from its store after a Chinese state media accused it of inciting illegal behavior. AP’s Joe McDonald had the news: Apple removed a smartphone app that allows Hong Kong activists to report police movements from its online store Thursday after an official Chinese newspaper accused the […]
Court orders Johnson & Johnson to pay $8 billion in Risperdal case
A jury ordered Johnson & Johnson to pay $8 billion in damages to a man who accused the company of failing to warn young male users of its antipsychotic drug Risperdal could develop breasts. Brendan Pierson and Nate Raymond reported the news for Reuters: Johnson & Johnson must pay $8 billion in punitive damages to […]
GE freezes pensions of 20,000 employees
GE will freeze the pensions of 20,000 employees and offer pension buyouts to another 100,000 to reduce debt. Aimee Picchi had the news for CBS: General Electric announced it will freeze the pensions of 20,000 U.S. salaried workers, a measure designed to reduce its pension deficit and trim debt. The move will shave GE’s pension […]
How two WSJ reporters covered the WeWork story
The Lede, an internal Dow Jones newsletter, talked with Wall Street Journal reporters Eliot Brown and Maureen Farrell about their reporting on the WeWork story. Here is an excerpt: How did you know there was more to uncover at WeWork? What kept you going? Eliot: It was always clear from former employees and other sources […]
Coverage: GM strike set to continue
Talks between GM and UAW have taken a turn for the worse, with the 21-day strike set to continue. Tom Krishner had the news for the AP: Contract talks aimed at ending a 21-day strike by the United Auto Workers against General Motors have taken a turn for the worse, hitting a big snag over […]
HP To Slash Several Thousand Jobs
HP Inc has announced plans to lay off between 7,000 and 9,000 employees worldwide over the next three years. CNN’s Rob McLean had the news: HP Inc. plans to reduce its global staff by thousands of employees over the next three years. HP (HPQ) said Thursday that it intends to cut between 7,000 and 9,000 […]
Independent review clears FT reporters of collusion
In July, the Financial Times announced that it had appointed law firm RPC to conduct an independent review into allegations that FT investigative reporters had engaged in collusion with investors in German fintech company Wirecard this year. After an extensive review, RPC has found that the evidence does not support any claims of collusion between the […]
Trump slaps tariffs on European alcohol, cheese, and aircraft
The Trump administration has received the green light from the WTO to impose tariffs on EU products in response to illegal EU subsidies for Airbus. Paul Wiseman and Jamey Keaten had the news for the AP: The Trump administration plans to impose tariffs on $7.5 billion worth of European imports _ from gouda cheese to […]
How two Business Insider reporters covered what’s going on inside WeWork
Meghan Morris of Business Insider spoke with Business Insider editor-in-chief Alyson Shontell about her latest feature with tech reporter Julie Bort in which the two talked to 20 current and former WeWork employees, executives, and business partners. Here is an excerpt: Shontell: Convincing strangers to talk to you about sensitive topics is really tough. How’d […]
Johnson & Johnson settles with two Ohio counties in opioid cases
Johnson & Johnson has agreed to pay $20.4 million in settlements with two Ohio counties that sued the major for its role in the opioid crisis. Geoff Mulvihill reported the news for the AP: Johnson & Johnson on Tuesday announced it had reached an agreement worth more than $20 million with two Ohio counties, becoming […]
