Coverage: Vape company Juul raises $650 million
Juul, the popular purveyor of nicotine vaping products, is well on its way to closing a funding round that could top out at more than $1 billion as it has raised $650 million from investors. Alex Wilhelm and Jason Rowley of Crunchbase had the news: Juul’s financial performance over the past few years has been characterized by rapid growth. […]
Talking Biz News Today — July 11, 2018
Some of Wednesday’s top business news stories: Associated Press Stuck in trade war, U.S. and China face uncertain path to deal, by Paul Wiseman and Christopher Rugaber European exporters shift trade to avoid higher U.S. tariffs, by Joe McDonald Bloomberg Blackstone to seek more than $20 billion for buyout fund, by Sabrina Willmer Expatriate workers are leaving Saudi Arabia […]
Coverage: Uber, Alphabet invest in bike-sharing service Lime
Bike sharing service Lime said on Monday it raised $335 million from a group of investors that include ride-sharing firm Uber Technologies Inc. and Google’s parent Alphabet Inc. Dara Kerr of CNET had the story: Along with Google Ventures, Lime also confirmed that Uber was involved with this funding round. The ride-hailing company additionally plans to […]
Talking Biz News Today — July 10, 2018
Some of Tuesday’s top business news stories: Associated Press How China could hurt the U.S. once it ran out of imports to tax, by Joe McDonald Starbucks, citing ocean threat, is ditching plastic straws, by Candice Choi Bloomberg Will owning the Carolina Panthers distract David Tepper? by Hema Parmar Saudi Aramco’s $2 trillion zombie IPO, by Javier Blas and Will Kennedy […]
Coverage: The U.S.-China trade war begins to impact companies
Tariffs levied by the United States and China against specific goods and industries began to have an effect on companies this weekend as the business media scrambled to assess the impact of the trade war. Avery Anapol of The Hill examined the impact on soybean farmers: The American Soybean Association (ASA) said in a statement that soybean farmers […]
Talking Biz News Today — July 9, 2018
Some of Monday’s top business news stories: Associated Press Trump’s economic gamble: Solid job gains vs. risky trade war, by Josh Boak Elvis, Beatles memorabilia items on display at Hard Rock, by Wayne Parry Bloomberg The airline propeller era is coming to an end, by Justin Bachman China’s carmakers have a strong home front in this war, by Anjani […]
Coverage: Unemployment rises to 4 percent, more jobs added
The U.S. economy added 213,000 jobs in June, more than expected, while the unemployment rate jumped to 4 percent, according to the jobs report released from the Bureau of Labor Statistics on Friday. Akin Oyedele of Business Insider had the news: It was a record 93rd straight month that US employers hired more people than […]
Talking Biz News Today — July 6, 2018
Some of Friday’s top business news stories: Associated Press Trump confirms that tariffs against China will take effect, by Paul Wiseman and Darlene Superville Tech, health care companies drive solid gains for U.S. stocks, by Alex Veiga Bloomberg Fed plans to keep hiking rates gradually as risk from trade war mounts, by Craig Torres Musk says Norwegians are “right to […]
Talking Biz News Today — July 5, 2018
Some of Thursday’s top business news stories: Associated Press Judge’s ruling slows plan for Medicaid work requirement, by Ricardo Alonso-Zaldivar Europe could suffer collateral damage in US-China trade war, by David McHugh Bloomberg Amazon takes a page from Toys ‘R’ Us with a holiday catalog, by Matthew Townsend China’s found the perfect patsy to tackle U.S. chipmakers, by Tim […]
Quartz is successful because it goes against the status quo
Quartz executive editor Zach Seward spoke with Rick Edmunds of The Poynter Institute about the business news site’s success that led to it being sold to a Japanese company on Monday for as much as $110 million. Edmunds wrote, “Executive editor Zach Seward spoke with me Monday afternoon about how the publication grew and prospered, beginning with that good idea. […]
