Coverage: Google closes its social media network after leak exposed
Google said Monday it would close Google Plus, the company’s floundering answer to Facebook, after it discovered a security vulnerability that exposed the private data of up to 500,000 users of the service. Daisuke Wakabayashi of The New York Times had the news: When the company’s technical staff discovered the bug in March, they decided against […]
Talking Biz News Today — Oct. 9, 2018
Some of Tuesday’s top business news stories: Associated Press Carbon tax gets renewed interest but still faces resistance, by David Koenig Netflix assembles new U.S. production hub in New Mexico, by Susan Montoya Bryan Bloomberg Tesla’s value sinks by $10 billion in a week, by Tatiana Darie U.S. stocks reverse losses as tech gets beat up, by Vildana Hajric and Sarah […]
Coverage: Job growth slows, but unemployment rate drops to 3.7%
U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions. Lucia Mutikani of Reuters had the news: The Labor Department’s closely watched monthly employment report on Friday also […]
Talking Biz News Today — Oct. 8, 2018
Some of Monday’s top business news stories: Associated Press Marketing officer explains how a frozen dessert caught fire, by Dee-Ann Durbin As joblessness falls, skilled workers may be hard to find, by Josh Boak Bloomberg Wall Street earnings season gets underway with profitability at a decade high, by Hannah Levitt and Claire Ballentine Tesla quandary: Can anybody on the board […]
Coverage: Campbell Soup tries to fend off activist investor
Campbell Soup is asking shareholders to stand with the soup maker in a battle over its future as activist investor Third Point turns up pressure on the company to sell. Lauren Hirsch of CNBC.com had the news: Dan Loeb’s Third Point, which has a 5.65 percent stake in Campbell, announced its intention to try to replace the […]
Talking Biz News Today — Oct. 5, 2018
Some of Friday’s top business news stories: Associated Press Musk takes a swipe at SEC on heels of fraud settlement, by Michael Liedtke Why rising interest rates are shaking financial markets, by Stan Choe Bloomberg Tronc changes its name back to Tribune Publishing, by Gerry Smith Costco falls after reporting problems with IT systems, by Matthew Boyle Fortune Popeyes […]
Coverage: Barnes & Noble rises 20% as company considers sale
Shares of Barnes & Noble jumped more than 20 percent on Wednesday after it said it is naming a special committee to review bids for the company. Lauren Hirsch and Lauren Thomas of CNBC.com had the news: The retailer said in a statement it has received “expressions of interest” from “multiple parties,” including its Chairman Leonard Riggio, who founded the […]
Talking Biz News Today — Oct. 4, 2018
Some of Thursday’s top business news stories: Associated Press California law on company boards spotlights deep challenges, by Alexandra Olson and Matt Ott Strong economic signs lift US stocks; bond prices drop, by Marley Jay Bloomberg Amazon warehouse workers lose stock awards, bonuses to help pay for raises, by Spencer Soper Boeing CEO says air-prototype taxi will be ready for takeoff […]
Why business journalism publications are successful
Russell Ray, the new editor of The Journal Record business newspaper in Oklahoma City, writes about why business journalism has thrived in the past decade. Ray writes, “The Great Recession sparked an era of shrinking news sections and coverage, especially for business news. But business publications like The Journal Record have been filling the void, thriving […]
Coverage: Amazon raises its minimum wage to $15/hour
Amazon.com Inc.said on Tuesday it would raise its minimum wage to $15 per hour for U.S. employees from next month, giving in to critics of poor pay and working conditions at the world’s second most valuable company. Arjun Panchadar of Reuters had the news: The increase pushes Amazon’s lowest wage above that at Walmart Inc and […]
