Coverage: Davis, the scourge of CEOs, dies at 89
Evelyn Y. Davis, the well-known corporate gadfly who attended company annual meetings to ask embarrassing questions to chief executive officers over the past three decades, has died at the age of 89. Michael Hiltzik of the Los Angeles Times had the news: At corporate annual meetings back in the 1980s and 1990s, there came a point dreaded […]
Talking Biz News Today — Nov. 6, 2018
Some of Tuesday’s top business news stories: Associated Press Fed likely to keep rates on hold and sketch a bright outlook, by Martin Crutsinger Ride-share companies embrace election frenzy, by Cathy Bussewitz Bloomberg Sears is moving closer to loan deal and stave off shutdown, by Eliza Ronalds-Hannon Senior citizens are replacing teenagers as fast-food workers, by Leslie Patton Fortune […]
Coverage: Amazon is close to picking its HQ2 location
Amazon.com Inc. has progressed to late-stage talks on its planned second headquarters with a small handful of communities, including northern Virginia’s Crystal City, Dallas and New York City. Laura Stevens, Scott Calvert and Tawnell D. Hobbs of The Wall Street Journal had the news: The ongoing talks with some local officials come as discussions appear to have cooled in some […]
Talking Biz News Today — Nov. 5, 2018
Some of Monday’s top business news stories: Associated Press China seeks to rebrand global image with import expo, by Joe McDonald For some, vibrant U.S. economy complicates voting decision, by Josh Boak Bloomberg Goldman to name smallest class of new partners in 20 years, by Christine Maurus and Linly Lin Buffett shows his appetite for buying stocks, including his own, […]
Coverage: Apple warns on holiday sales, sending stock price down
Apple Inc. on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs. Stephen Nellis of Reuters had the news: The disappointing forecast by the world’s most valuable technology company helped send shares down as much […]
Talking Biz News Today — Nov. 2, 2018
Some of Friday’s top business news stories: Associated Press Google employees leave work to protest treatment of women, by Michael Liedtke Apples 4Q, change in iPhone sales disclosure, jar investors, by Michael Liedtke Bloomberg Starbucks jumps after new menu helps reverse stagnant U.S. sales, by Leslie Patton America is falling out of love with Silicon Valley. What’s next? […]
Coverage: Wage growth rises at fastest rate in a decade
U.S. workers are seeing the largest nominal wage increase in a decade, the Labor Department reported Wednesday, as companies compete harder for employees than they did in recent years. Heather Long of The Washington Post had the news: Wages rose 2.9 percent from September 2017 to September 2018, according to the Labor Department’s Employment Cost Index […]
Talking Biz News Today — Nov. 1, 2018
Some of Thursday’s top business news stories: Associated Press U.S. stocks rally again, but finish October with steep losses, by Marley Jay GM offers buyouts to 18K workers after posting strong earnings, by Tom Krisher Bloomberg AIG surprises with losses tied to storms in U.S., Japan, by Katherine Chiglinsky Alphabet exec out as company grapples with harassment reports, […]
Coverage: Coca-Cola posts surprising results
Coca-Cola Co.’s third quarter quarter revenue and profit topped Wall Street expectations on Tuesday, as investments to cater to changing consumer tastes paid off with higher sales of its sugar-free sodas and vitamin waters. Aishwarya Venugopal of Reuters had the news: Organic revenue, or sales from its core beverage business, rose 6 percent in the third […]
Talking Biz News Today — Oct. 31, 2018
Some of Wednesday’s top business news stories: Associated Press Could have been worse? Facebook posts mixed 3Q results, by Barbara Ortutay Pfizer’s 3Q profit, up due to tax cuts, beats expectations, by Linda A. Johnson Bloomberg Janet Yellen says she’s concerned about Trump undermining trust in Fed, by Sarah Foster and Rich Miller Waymo wins first permits to begin driverless […]
