Talking Biz News Today — Oct. 3, 2018
Some of Wednesday’s top business news stories: Associated Press Can Trump’s bullying style deliver more trade breakthroughs? by Paul Wiseman Rooms with new views: Hotels try their hand at home-sharing, by Dee-Ann Durbin Bloomberg Retail ETF has its worst day in two years on Amazon, Stitch Fix, by Carolina Wilson Jamie Dimon says shareholder meetings have become “a […]
Coverage: GE replaces its CEO with an outsider
General Electric Co. ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23 billion charge to write off goodwill in its power division. Alwyn Scott and Arunima Banerjee of Reuters had the news: The struggling energy, health and transportation […]
Talking Biz News Today — Oct. 2, 2018
Some of Tuesday’s top business news stories: Associated Press Can wireless challenge cable for home internet service? by Mae Anderson DOJ’s lawsuit may delay new California net neutrality law, by Paul Elias and Mae Anderson Bloomberg Elon Musk got $1.7 billion richer today, by Tom Metcalf Toys “R” Us lenders plan brand revival, by Eliza Ronalds-Hannon Fortune Why we should stop […]
How Canada’s biz sections are covering the cannabis industry
Don Pittis of CBC News examines how some of Canada’s business journalism outlets are covering the country’s growing cannabis industry. Pittis reports, “At the Financial Post, editor Nicole MacAdam has just hired another journalist to help cover the complex world of cannabis startups and mergers. The business section that runs in Postmedia papers across Canada has had […]
Coverage: Musk, Tesla settle charges with SEC
Tesla CEO Elon Musk settled fraud charges with the Security and Exchange Commission on Saturday, requiring the billionaire to pay a $20 million fine and step down as chairman for three years. He will remain CEO. Dalvin Brown of USA Today had the news: Musk has 45 days to resign from the chairmanship, and Tesla will appoint an independent […]
Talking Biz News Today — Oct. 1, 2018
Some of Monday’s top business news stories: Associated Press Employers jump into providing care as health costs rise, by Tom Murphy Las Vegas pauses but moves ahead a year after shooting, by Tim Dahlberg Bloomberg Tesla is “very close” to profitability, Musk says in staff email, by Josh Eidelson New Mexico is top performing state economy since Trump […]
Coverage: SEC files charges against Tesla’s Musk
U.S. securities regulators on Thursday accused Tesla Inc. Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month. Jonathan Stempel and Alexandria Sage of Reuters had the news: […]
Talking Biz News Today — Sept. 28, 2018
Some of Friday’s top business news stories: Associated Press More U.S. corporate giants warn tariffs will mean price hikes, by Tom Krisher and Josh Boak House approves GOP tax measures for savings, startups, by Marcy Gordon Bloomberg Lions Gate’s Amazon pact is seen a a step toward possible takeover, by Kamaron Leach Geron plunges 68% after J&J ends partnership that […]
Coverage: SurveyMonkey rises in first day of trading
SurveyMonkey soared more than 60 percent in its stock market debut Wednesday, after opening at $18.75 per share. Sara Salinas of CNBC.com had the news: The software company that offers digital survey and data analytics services for enterprise and personal use priced its shares at $12 a piece Tuesday night, above the expected range of $9 […]
Talking Biz News Today — Sept. 27, 2018
Some of Thursday’s top business news stories: Associated Press Fed raises rates for third time this year with one more expected, by Martin Crutsinger US, Japan agree to negotiate a free trade agreement, by Matthew Pennington Bloomberg Tesla is offering customers incentives in an end-of-the-quarter rush, by Dana Hull A $100 billion giant is spiraling and no one […]
