Talking Biz News Today — Jan. 10, 2019
Some of Thursday’s top business news stories: Associated Press Fed minutes: Growing risks make rate hike path less clear, by Martin Crutsinger Stocks post fourth straight gain as hopes build on China trade, by Marley Jay Bloomberg Goldman’s $500 million lawyer has called it quits, by Sridhar Natarajan and Tom Metcalf Hedge funds have lost their rhythm, by Matt Levine Fortune […]
Coverage: Herbalife CEO quits after comments discovered
Herbalife Nutrition Ltd.’s chief executive resigned after the company said it discovered comments he made prior to becoming CEO that were inconsistent with its standards. Patrick Thomas of The Wall Street Journal had the story: The nutritional-supplement company said CEO Richard Goudis, who assumed the post in June 2017, resigned Tuesday. Prior to becoming CEO, Mr. Goudis was […]
Talking Biz News Today — Jan. 9, 2019
Some of Wednesday’s top business news stories: Associated Press Sears gets another reprieve from liquidation, by Anne D’Innocenzio What air travelers should know about the government shutdown, by David Koenig Bloomberg Realtors say the government shutdown is killing home sales, by Prashant Gopel Tim Cook’s $12 million bonus in 2018 is his biggest ever, by Anders Melin Fortune Regulatory […]
Talking Biz News Today — Jan. 8, 2019
Some of Tuesday’s top business news stories: Associated Press US-China trade talks start amid cooling economic growth, by Joe McDonald Jittery Wall Street has a lot ahead to be nervous about, by Stan Choe Bloomberg Airports worried about screener absences if the shutdown continues, by Alan Levin Housing bear who called 2018 slowdown says worst yet to come, […]
Coverage: Big job growth occurred in December
U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained strength in the economy that could ease fears of a sharp slowdown in growth. Lucia Mutikani of Reuters had the news: Nonfarm payrolls surged by 312,000 jobs last month, the largest gain since February, as employment at construction and […]
Talking Biz News Today — Jan. 7, 2019
Some of Monday’s top business news stories: Associated Press Chinese tech firms lay lower at CES 2019 amid trade tensions, by Matt O’Brien Good news for wild blueberries in faltering No. 1 state, by Patrick Whittle Bloomberg Bridgewater’s Pure Alpha fund returned 14.6% last year, by Hema Parmar and Erik Schatzker Before the electric car takes over, someone needs to […]
Talking Biz News Today — Jan. 4, 2019
Some of Friday’s top business news stories: Associated Press Stocks take a beating after iPhone sales slip; Dow falls 660, by Marley Jay Waning iPhone demand highlights Chinese consumer anxiety, by Joe McDonald Bloomberg Ray Dalio says trade war isn’t biggest issue for China and U.S., by Nathan Crooks Mark Zuckerberg halts stock sales as Facebook shares tumble, […]
Coverage: Apple cuts forecast, citing weak China sales
Apple Inc. on Wednesday cut its sales forecast for its latest quarter, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. Munsif Vengattil and Stephen Nellis of Reuters had the news: The news sent Apple shares tumbling in after-hours trade and triggered a broader […]
Talking Biz News Today — Jan. 3, 2019
Some of Thursday’s top business news stories: Associated Press The stock market starts off 2019 with more turbulence, by Marley Jay Netflix criticized for yanking comedian’s episode in Saudi, by Mark Kennedy Bloomberg Market’s favorite recession indicator lurches lower in new year, by Emily Barrett Tesla sinks as price cut signals a ceiling for costly models, by Dana Hull […]
Coverage: Oil prices continue to drop
Oil futures early Wednesday in New York retreated to start the new year, as concerns about global economic health continued to drive fears of flagging demand for crude. Mark DeCambre of MarketWatch.com had the news: West Texas Intermediate crude for February delivery lost 52 cents, or 1.2%, to $44.89 a barrel. WTI ended Monday’s session with a loss of […]
