Coverage: Comcast buys stake in Universal Studios Japan
U.S. media giant Comcast bought a 51 percent stake in Universal Studios of Japan, costing the Philadelphia-based company $1.5 billion. The deal comes as Comcast sets its sights on Asia after its takeover bid for Time Warner failed earlier this year. Emi Emoto and Taiga Uranaka of Reuters had the news: U.S. cable company Comcast Corp […]
Talking Biz News Today – Sept. 28, 2015
Some of Monday’s top business news stories: The Wall Street Journal Suzuki to sell its 1.5% stake in Volkswagen, by Yoko Kubota Cereal makers look for new dawn abroad, by John Revill and Annie Gasparro The Associated Press Migration crisis proves boon for some businesses, by Frank Jordans ‘Hotel Transylvania 2’ bites off September record, […]
Coverage: Volkswagen to vote on new CEO
As the fallout surrounding its emissions scandal continues to grow, Volkswagen is taking its first real steps at recovery by appointing a new CEO. The current frontrunner for the job is Matthias Müller, who is the current head of Porsche, a VW subsidiary. Mark Thompson and Chris Liakos of CNN Money set up Friday’s news: […]
Talking Biz News Today – Sept. 25, 2015
Some of Friday’s top business news stories: The Wall Street Journal McDonald’s taps Chris Kempczinski as head of strategy, by Julie Jargon Facebook’s free Internet access program in developing countries provokes backlash, by Newley Purnell and Resty Woro Yuniar Business Insider Coca-Cola to sell nine U.S. bottling plants, set up new supply system, by Anjali Athavaley […]
Coverage: Tech giants meet with Chinese president
Chinese President Xi Jinping met with the tech industry’s biggest names Wednesday in an effort to quell fears that cybersecurity attacks and intellectual property theft in China are on the rise. The execs with the #ChinesePresident pic.twitter.com/m4n9cZDvhh — Matt Day (@mattmday) September 23, 2015 New York Times’ reporters Jane Perlez and Nick Wingfield described the situation […]
Talking Biz News Today – Sept. 24, 2015
Some of Thursday’s top business news stories: The Wall Street Journal Trump organization considering bid for Puerto Rico golf club, by Jacqueline Palank New weapon in push to lower U.S. biotech drug prices, by Denise Roland Reuters Boeing wins $38 billion in orders, commitments from China, by Alwyn Scott and Eric M. Johnson Volkswagen boss quits over diesel […]
Coverage: Turing Pharmaceuticals announces price cut on $750 drug
After a firestorm of public outcry, Turing Pharmaceuticals CEO Martin Shkreli announced his company would lower the $750 price tag for Daraprim, a drug used to help patients with AIDS/HIV and cancer. The fallout from the price gouging continues to get worse for Shkreli with John Castellani, president of the Pharmaceutical Research and Manufacturers of […]
Talking Biz News Today – Sept. 23, 2015
Some of Wednesday’s top business news stories: The Wall Street Journal General Mills profit jumps 24%, by Annie Gasparro and Chelsey Dulaney Germany’s Axel Springer in talks to acquire Business Insider, by Lucas I. Alpert and Ellen Emmerentze Jervell The New York Times Health insurance deductibles outpacing wage increases, study finds, by Reed Abelson iPhone […]
Coverage: VW emissions scandal continues to grow
After EPA launched an investigation last week into Volkswagen allegedly deceiving regulations about its diesel car emissions, the German automaker is not only apologizing for the scandal, but it also setting aside more than $7 million for potential fines. And while it appears VW is taking the proper steps to slow the fallout that is not stopping other international investigations from popping […]
Talking Biz News Today – Sept. 22, 2015
Some of Tuesday’s top business news stories: The New York Times Trading meat for tires as bartering economy grows in Greece, by Liz Alderman Volkswagen denied deception to E.P.A. for nearly a year, by Jack Ewing Quartz Apple’s electric car project has been upgraded from experiment to happening, by Alice Truong The US egg industry […]
