Coverage: Davos 2015 CEOs’ confidence weakens over global economy

The World Economic Forum in Davos began Tuesday, but according to a new survey, many of the CEOs who will fill the conference’s seats are not optimistic about the health of the global economy. Of the nearly 1,400 survey chief executives only 27 percent thought the global economy’s growth would continue, according to a report done […]

Talking Biz News Today – Jan. 20, 2016

Some of Wednesday’s top business news stories: The Wall Street Journal Volkswagen names Hinrich Woebcken North America head, by Sarah Sloat  Will margarine become toast at Unilever?, by Saabira Chaudhuri Bloomberg Confidence among homebuilders in U.S. was unchanged in January, by Sho Chandra  Twitter ex-CEO Costolo plans fitness startup, joins VC firm, by Jing Cao  The Associated Press Delta posts […]

Coverage: Twitter goes dark after technical default

Tuesday is off to rough start for Twitter, after the social media site experienced technical difficulties that led to outages for many of 300 million users. Meanwhile, journalists everywhere are still breathing into paper bags to cope with the morning’s loss. Robert Mclean of CNN Money had the day’s news: Twitter said in a statement […]

Talking Biz News Today – Jan. 19, 2016

Some of Tuesday’s top business news stories: The Wall Street Journal Fed almost certain to keep interest rates unchanged at next meeting, by Jon Hilsenrath  Adidas says CEO Herbert Hainer to depart in October, by Monica Houston-Waesch  Bloomberg Why SpaceX needs to land a rocket on a floating drone, by Dana Hull and Justin Bachman  Facebook’s WhatsApp drops subscription fee, […]

Coverage: Netflix content chief hits back at critics

Netflix’s chief content officer Ted Sarandos responded to the streaming site’s critics about its refusal to disclose ratings, calling reports “remarkably inaccurate.” Sarandos also spoke about how the company is working on producing more family appropriate content in order to draw in viewers. John Koblin of The New York Times had the day’s news: Tensions between […]

Talking Biz News Today – Jan. 18, 2015

Some of Monday’s top business news stories: The Wall Street Journal U.S. retail sales, factory output data lead to lower growth expectations, by Kate Davidson  Airlines’ rising labor costs in focus ahead of earnings, by Susan Carey Bloomberg Hedge fund bets signal there’s more pain ahead for commodities, by Lydia Mulvany ‘Ride Along’ sequel topples ‘Star Wars’ from […]

TheStreet.com hires Dracula to vine the election

Jeremy Greenfield  of TheStreet.com writes that the financial news site has hired a person called “Dracula” to cover the 2016 presidential election through Vine postings. Greenfielcd writes, “Many of the candidates have Vine accounts now: Donald Trump has 97,000 followers and nearly 12 million loops; Jeb Bush is at around 3,500 followers and 1.4 million loops; […]

Coverage: General Electric sells appliance division to Haier

General Electric agreed to sell its appliance division to Chinese manufacturer Haier for $5.4 billion. The deal comes just a year after GE’s deal to sell its appliance division to Swedish manufacturer Electrolux collapsed. Laurie Burkitt, Joann S. Lublin and Dana Mattioli of The Wall Street Journal had the day’s news: General Electric Co. agreed to […]

Talking Biz News Today – Jan. 15, 2015

Some of Friday’s top business news stories: The Wall Street Journal Intel reports dip in earnings, by Tess Stynes  U.S. proposes spending $4 billion to encourage driverless cars, by Mike Spector and Mike Ramsey  Bloomberg Foursquare CEO Crowley steps down as app seeks to boost growth, by Jing Cao and Sarah Frier  Musk’s SpaceX splits NASA pact with Orbital, Sierra […]

Coverage: Al Jazeera America shuts down

Al Jazeera America announced Wednesday that it will close by the end of April, saying its business model was “no longer sustainable.” Josh Koblin of The New York Times had the day’s surprising news: The cable news channel Al Jazeera America, which debuted in 2013 to great fanfare when it promised to cover American news […]