Talking Biz News Today — Sept. 4, 2018
Some of Tuesday’s top business news stories: Associated Press From penny press to Snapchat: Parents fret through the ages, by Barbara Ortutay Tariff fight adds to China’s economic challenges, by Joe McDonald Bloomberg After $40 billion exit, Morgan Stanley says give Europe a chance, by Ksenia Galouchko Fed is most at risk of falling behind says Swiss Re […]
Coverage: Campbell Soup to sell international and fresh food businesses
Campbell Soup said Thursday it is selling its international and fresh food businesses as the 149-year-old condensed-soup maker struggles to regain its financial footing and refocus on its signature packaged foods. Lauren Hirsch of CNBC.com had the news: The company is unwinding efforts by former CEO Denise Morrison to branch into healthier and more fresh foods to […]
Talking Biz News Today — Aug. 31, 2018
Some of Friday’s top business news stories: Associated Press Microsoft to contractors: Give new parents paid leave, by Matt O’Brien Useful or creepy? Machines suggest Gmail responses, by Mae Anderson Bloomberg JPMorgan is liquidating $1 billion credit hedge fund, by Nishant Kumar Google and Mastercard cut a secret ad deal to track retail sales, by Mark Bergen and Jennifer Surane Fortune […]
Coverage: Survey Monkey’s parent files for an IPO
SVMK, the parent company of Survey Monkey, the online polling company, filed for an initial public offering on Wednesday that could raise as much as $100 million. Troy Wolverton of Business Insider had the news: “We believe SurveyMonkey is a category-defining global brand,” SVMK said in the registration statement it filed with the Securities and Exchange […]
Talking Biz News Today — Aug. 30, 2018
Some of Thursday’s top business news stories: Associated Press Stocks rise again as technology companies and Amazon jump, by Marley Jay Tabloid that kept Trump’s secrets faces losses, legal trouble, by Jeff Horwitz Bloomberg Short bets on world’s biggest tech stocks surge to $37 billion, by Eric Lam and Matt Turner Ford teeters toward junk with Moody’s warning of restructuring […]
Coverage: Consumer confidence is near an 18-year high
U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year. Lucia Mutikani of Reuters had the news: The Conference Board said its consumer confidence index jumped 5.5 points to […]
Talking Biz News Today — Aug. 29, 2018
Some of Tuesday’s top business news stories: Associated Press Why Canada’s exclusion from US-Mexico deal raises obstacle, by Paul Wiseman U.S. indexes struggle higher, led by technology companies, by Marley Jay Bloomberg American companies are raising prices at a brisk pace, by Rich Miller New York’s swankiest mall is actually on Long Island, by Kim Bhasin Fortune Amazon is […]
Coverage: The U.S. has a new trade deal with Mexico
The United States and Mexico agreed on Monday to overhaul the North American Free Trade Agreement, putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Roberta Rampton and Jeff Mason of Reuters had the news: “I think with Canada, frankly, the easiest we can […]
Talking Biz News Today — Aug. 28, 2018
Some of Tuesday’s top business news stories: Associated Press Uber heads in new direction with Toyota on self-driving cars, by Michael Liedtke and Tom Krisher Nation’s top student loan official resigns, by Ken Sweet Bloomberg Kushner Cos. fined by NYC over false data on low-income tenants, by Erik Larson Apple to embrace iPhone X design with new colors, bigger screens, […]
Coverage: Musk decides against taking Tesla private
Tesla Inc. will remain a publicly traded company, CEO Elon Musk said late Friday, just weeks after he floated the idea of going private in order to ward off short-sellers and volatility in the company’s stock. Javier E. David of CNBC.com had the news: However, in a post on Tesla’s website, Musk cited resistance from shareholders, […]