Talking Biz News Today – Oct. 26, 2015
Some of Monday’s top business news stories: The Wall Street Journal Walgreens scrutinizes Theranos testing, by Michael Siconolfi, John Carreyrou and Christopher Weaver Thomas Stemberg, Staples co-founder, dies at 66, by Drew Fitzgerald Reuters Fed’s Yellen to testify before Joint Economic Committee Dec. 3, by David Chance Nasdaq may see record with Apple earnings, by Rodrigo Campos […]
Coverage: Dorsey gives employees $200 million in stock
Jack Dorsey has been busy. He received full control at Twitter, he helped launch Moments for Twitter, his other company Square filed for its IPO and now he is pledging to give $200 million in stock back to Twitter employees. The announcement comes at a difficult time for the social media company, which cut 8 percent of its […]
Talking Biz News Today – Oct. 23, 2015
Some of Friday’s top business news stories: The Wall Street Journal McDonald’s shares hit record as turnaround shows progress, by Julie Jargon U.S. investigates Venezuelan oil giant, by José De Córdoba and Juan Forero Quartz Theranos still hasn’t provided the one thing that could reassure doubters for good, by Max Nisen Subway agrees to measure […]
Coverage: Theranos CEO speaks out
Just a week after The Wall Street Journal published a critical report about her company’s testing procedures, Theranos CEO Elizabeth Holmes spoke out against the article at none other than The Journal’s WSJD Live global technology conference. Kia Kokalitcheva of Fortune had the day’s news: Elizabeth Holmes, CEO of blood testing startup Theranos, rebutted recent allegations […]
Talking Biz News Today – Oct. 22, 2015
Some of Thursday’s top business news stories: The Wall Street Journal EU regulators require that Starbucks, Fiat pay back millions of euros in unpaid taxes, by Tom Fairless Tyra Banks to seek investors for beauty startup, by Deepa Seetharaman Quartz Don’t panic, but there may be a LEGO shortage coming this Christmas, by Jenny Anderson […]
Coverage: Starbucks, Fiat ordered to repay millions in taxes
The European Union pulled little punches Tuesday in its ruling that mandated both Starbucks and Fiat Chrysler pay their fair share of taxes to the Netherlands and Luxembourg, respectively. The strong ruling comes as the EU expands its efforts to keep corporations from avoiding taxes, leaving many asking where the EU might strike next. James […]
Talking Biz News Today – Oct. 21, 2015
Some of Wednesday’s top business news stories: The Wall Street Journal Tech startups feel an IPO chill, by Rolfe Winkler, Douglas MacMillan, Telis Demos and Monica Langley United Airlines names Brett J. Hart acting CEO, by Doug Cameron and Jason Dean Quartz Apple Music has already attracted a third as many paying users as Spotify, […]
Coverage: United appoints acting CEO
General counsel Brett J. Hart was named acting CEO of United Continental Holdings Inc. Monday after the company’s CEO Oscar Munoz suffered a heart attack, placing him on indefinite leave. Munoz was CEO for just over one month before suffering a heart attack. The announcement comes after questions continued to mount about the airline’s ineffective plan […]
Talking Biz News Today – Oct. 20, 2015
Some of Tuesday’s top business news stories: The Wall Street Journal China’s better-than-expected GDP prompts skepticism from economists, by Mark Magnier Oprah Winfrey takes 10% stake in Weight Watchers, by Lisa Beilfuss and Sara Germano Quartz Amazon is suing more than a thousand fake reviewers for dishing out unearned stars, by Svati Kirsten Narula Square […]
Coverage: China’s economy grows just 6.9 percent
China announced its economy grew 6.9 percent in its third quarter, dipping below 7 percent for the first time since 2009. The release brings with it more concerns about the world’s economic outlook, since China is often considered a world leader in economic growth. Mark Magnier of The Wall Street Journal had the day’s news: China’s once-world-beating […]
