Coverage: American Apparel files for Chapter 11
In a not too surprising turn of events, American Apparel filed for Chapter 11 bankruptcy protection early Monday morning. The past few years have been difficult for the “Made in the USA” company, with debts piling up, sales dropping and a never-ending lawsuit with its founder Dov Charney all bringing the retailer down. Hiroko Tabuchi of The […]
Talking Biz News Today – Oct. 5, 2015
Some of Monday’s top business news stories: The Wall Street Journal Disney parks consider off-peak prices, by Ben Fritz Sbarro seeks new life outside the mall, by Julie Jargon The Associated Press AP analysis: Dozens of deaths likely from VW pollution dodge, by Seth Borenstein Weakness and strength: 7 snapshots of the US job market, […]
Coverage: The September jobs report: What to expect
Let the countdown begin. The government will release Friday its September jobs report, and economists are predicting another business as usual addition of 203,000 jobs to the economy. Yian Q. Mui of The Washington Post laid out what might happen with September’s jobs report: The American job market is expected to have continued its steady recovery […]
Talking Biz News Today – Oct. 2, 2015
Some of Friday’s top business news stories: The Wall Street Journal Labor Day deals boost September auto sales, by Anne Steele and Jeff Bennett New United Continental boss starts tenure with apology, by Susan Carey Quartz Soon Amazon won’t let you buy an Apple TV or Google Chromecast, by Adam Epstein Not everyone’s on […]
Coverage: Ralph Lauren names new CEO
The Ralph Lauren Corp. named a Stefan Larsson its new CEO this week, causing a spike in the company’s stock. But Larsson’s arrival is not causing the company’s founder and namesake, Ralph Lauren, to step back anytime soon, according to a memo obtained by BuzzFeed News. Susan Adams of Forbes discussed how Larsson’s arrival at Ralph Lauren makes […]
Talking Biz News Today – Oct. 1, 2015
Some of Thursday’s top business news stories: The Wall Street Journal Target expands online price-matching policy to include Amazon, Wal-Mart, by Paul Ziobro Third-quarter earnings: There’s no place like home, by Justin Lahart The Associated Press Root of investor anxiety: Uncertainty about China and Fed, by Paul Wiseman and Ken Sweet VW: ‘Nothing has changed’ […]
Coverage: Tesla unveils the Model X
Tesla Motors launched its first SUV Tuesday at its factory in Fremont, California. From falcon wing doors to a Biochemical Defense Mode, the Model X is jammed pack with features. Chuck Squatriglia and Alex Davies of Wired had the day’s news: The world’s first luxury electric SUV is gorgeous. It’s futuristic. And once again, Tesla Motors is redefining […]
Talking Biz News Today – Sept. 30, 2015
Some of Wednesday’s top business news stories: The Wall Street Journal Volkswagen has refit plan for emissions-rigged vehicles, says CEO, by Hendrik Varnholt Apple’s business-related revenue hits $25 billion, by Daisuke Wakabayashi The Associated Press US agency says Fiat Chrysler under-reported roadway deaths, by Tom Krisher Chesapeake Energy lays off 740 workers companywide Bloomberg Consumer […]
Coverage: Yahoo proceeds with Alibaba spinoff
Yahoo announced Monday it would go ahead with its plan to spin off its stake in Alibaba despite the fact the deal might come with a hefty tax. New York Times reporter Michael J. de la Merced summed up the company’s news: Yahoo signaled on Monday that it was willing to risk a fight with the […]
Talking Biz News Today – Sept. 29, 2015
Some of Tuesday’s top business news stories: The Wall Street Journal Alcoa to split as aluminum glut pressures prices, by John W. Miller Google tries to make its cars drive more like humans, by Alistair Barr and Mike Ramsey Quartz Mining giant Glencore’s shares just got Volkswagen’d, by Melvin Backman NASA finds its “strongest evidence […]
