Talking Biz News Today — July 30, 2019
Some of Tuesday’s top business news stories: Associated Press US, China revive trade talks with low hopes for progress, Joe McDonald Pfizer, Mylan strengthen ties, create new company, by Linda A. Johnson CNN Brexit is becoming the nightmare business has long feared, by Julia Horowitz Huawei sales grow 23% despite US restrictions on its business, […]
Talking Biz News Today — July 29, 2019
Some of Monday’s top business news stories: Associated Press Despite calls to start over, US health system covers 90%, by Ricardo Alonso-Zaldivar French wine vs US tech prowess: new Trump-Macron standoff, by Angela Charlton Fortune Chase’s Flop Shows Startups Can Compete With Big Banks, by Rey Mashayekhi Why Kids Are Skipping School to Fight Climate […]
Coverage: Eurozone economy continues stumbling, ECB ready to cut rates further
The European Central Bank is ready for further interest cuts as the eurozone economy fails to pick up despite ongoing efforts. William Watts had the news for MarketWatch: The European Central Bank on Thursday made clear it stands ready to cut rates and deliver “highly accommodative” monetary policy, including additional asset purchases, in its […]
Talking Biz News Today — July 26, 2019
Some of Friday’s top business news stories: Associated Press SoftBank sets up $108B investment fund, with no Saudi money, by Yuri Kageyama House passes bipartisan budget bill with Trump support, by Andrew Taylor CNN Europe has joined the US on the path to more stimulus, by Charles Riley Amazon’s streak of record profits comes to […]
Talking Biz News Today — July 25, 2019
Some of Wednesday’s top business news stories: Associated Press Nissan to slash 12,500 jobs to cut costs, achieve turnaround, by Yuri Kageyama California gets time to consider bids to take over PG&E, by Daisy Nguyen Fortune Smartphone Maker Xiaomi Celebrates Its Global 500 Debut By Awarding Employees $24 Million In Shares, by Eamon Barrett Trump’s […]
Coverage: Tesla stock dives on another quarterly loss
Despite record-breaking deliveries in the second quarter the EV maker reported yet another loss for March to June this year. Aarian Marshall had the news for Wired: On one hand, Tesla is making and selling cars. Wednesday, the company said it had delivered 95,356 vehicles in the second quarter of 2019, beating its own record […]
Coverage: Department of Justice Launches Big Tech Probe
The Department of Justice has announced it will investigate the biggest technology companies in the U.S. for anti-competitive practices. David Shepardson had the news for Reuters: The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the […]
Talking Biz News Today — July 24, 2019
Some of Wednesday’s top business news stories: Associated Press Dining reservation app OpenTable moves into delivery, by Dee-Ann Durbin US economy dodges the threat of painful spending cuts, by Christopher Rugaber Bloomberg Germany’s Factories Go From Bad to Worse as Economy Treads Water, by Carolynn Look Standard Life and Lloyds Settle $129 Billion Fund Dispute, […]
Talking Biz News Today — July 23, 2019
Some of Tuesday’s top business news stories: Associated Press Deal sealed on federal budget, ensuring no shutdown, default, by Andrew Taylor Ohio lawmakers set vote on $1B lifeline for 2 nuclear plants Fortune Macy’s Pulls Portion-Control Plates After Twitter Users Denounce Them as ‘Toxic’ and ‘Fat Shaming’, by Laura Stampler Microsoft Invests In Artificial General […]
Coverage: Boris Johnson is the new Prime Minister of the UK
With a landslide victory in the Conservative Party vote, Boris Johnson will succeed Theresa May as Prime Minister of the UK. Isabel Togoh had the news for Forbes: Boris Johnson will succeed Theresa May as Britain’s Prime Minister and leader of the Conservative Party, moving into Number 10 on Wednesday and inheriting a deadlocked Brexit. […]
