Talking Biz News Today — Dec. 20, 2018
Some of Thursday’s top business news stories: Associated Press Stocks skid to 15-month low after Fed raises rates again, by Marley Jay U.S. cybersecurity firm: Hackers stole EU diplomatic cables, by Raphael Satter Bloomberg Facebook has biggest plunge since July as “another show” drops, by Ryan Vlastelica Major investors in leveraged loans are unloading big chunks, by Davide Scigliuzzo and Sally […]
Coverage: FedEx slashes forecast, stock price drops
FedEx said Tuesday it was starting a voluntary buyout program for some U.S. workers after troubles in its express delivery business and a European acquisition have hurt profits. Paul Ziobro of MarketWatch.com had the story: The company declined to say how many jobs it is targeting, but said it plans to make a similar offer to […]
Talking Biz News Today — Dec. 19, 2018
Some of Wednesday’s top business news stories: Associated Press Stock market woes raise a nagging fear: Is a recession near? by Josh Boak Plunging oil prices pull energy stocks lower, erasing gains, by Stan Choe and Marley Jay Bloomberg Williams-Sonoma accuses Amazon of copying its West Elm furniture, by Spencer Soper Blue Apron’s 90% drop makes it third-worst IPO this […]
Coverage: Google plans to build a $1 billion New York campus
Google announced Monday it will spend more than $1 billion to build a new office complex in New York City that will allow the internet search giant to double the number of people it employs there. Mae Anderson of the Associated Press had the news: It is the tech industry’s latest major expansion beyond the Seattle-San […]
Talking Biz News Today — Dec. 18, 2018
Some of Tuesday’s top business news stories: Associated Press CBS denies former CEO Les Moonves $120 million severance, by Alexandra Olson After the Fed’s likely rate hike this week, all bets are off, by Martin Crutsinger Bloomberg Stock sell-off defies everything the bulls hoped would stop it, by Vildana Hajric and Sarah Ponczek Women are on track to earn the […]
Coverage: What will the Fed do this week?
The Federal Open Market Committee, the Federal Reserve Board’s main policymaking body, meets this week to decide whether to raise interest rates in a closely watched decision. Heidi Chung of Yahoo Finance had the news: The Federal Reserve will be holding its highly-anticipated Federal Open Market Committee (FOMC) meeting Tuesday, December 18 to Wednesday, December 19. Federal Reserve […]
Talking Biz News Today — Dec. 17, 2018
Some of Monday’s top business news stories: Associated Press Next generation of GPS satellites are headed to space, by Dan Elliott Executive’s arrest, security worries stymie Huawei’s reach, by Joe McDonald Bloomberg There’s no stopping the Russian baby boom in Miami, by Elena Popina Lion Air and Boeing are headed into a $22 billion feud, by Harry Suhartono and Angus Whitley […]
Coverage: Starbucks will begin delivery to homes
Starbucks currently is running a pilot delivery program with Uber Eats in Miami and plans to expand it to nearly one-quarter of the company-owned stores in the U.S. by the end of the second quarter. Zlati Meyer of USA Today had the news: The coffee giant declined to provide a list of cities that will get delivery […]
Talking Biz News Today — Dec. 14, 2018
Some of Friday’s top business news stories: Associated Press Asian shares fall on poor Chinese economic data, by Annabelle Liang With OK from Congress, Hemp market set to boom, by Gillian Flaccus Bloomberg Fed to slow 2019 rate hikes as downside risks mount, poll shows, by Christopher Condon and Catarina Saraiva Apple will tweak Chinese iPhones to comply with Qualcomm […]
Coverage: United Airlines plans to boost flights while others trim plans
United Airlines, the No. 3 U.S. air carrier, is forging ahead with a strategy to boost its flight network by another 4 percent to 6 percent next year after an estimated 5 percent network growth in 2018, CEO Oscar Munoz said. Tracy Rucinski of Reuters had the news: The growth plan has allowed United to claw […]
