Coverage: Gray Television buying Raycom for $3.6 billion
Atlanta-based TV station owner Gray Television has a $3.6 billion deal to buy Raycom Media, creating a station group with a wide footprint in the Midwest and South. Cynthia Littleton of Variety had the news: The deal marks the latest example of consolidation in traditional TV. The union of Gray and Montgomery, Ala.-based Raycom will bring 142 TV stations […]
Talking Biz News Today — June 26, 2018
Some of Tuesday’s top business news stories: Associated Press Harley, stung by tariffs, shifts some production overseas, by Ivan Moreno Stocks skid as tariff worries pull technology stocks lower, by Marley Jay Bloomberg Andreessen Horowitz taps first female general partner for crypto, by Julie Verhage Walgreens beefs up pharmacist training after women denied drug, by Robert Langreth and Aziza Kasumov Fortune […]
Coverage: OPEC, other countries agree to raise oil output
OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. Ahmad Ghaddar, Alex Lawler and Vladimir Soldatkin of Reuters had the story: The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on Friday, also without […]
Talking Biz News Today — June 25, 2018
Some of Monday’s top business news stories: Associated Press U.S. imported more seafood in 2017 than any prior year, by Patrick Whittle Corporate America increasingly avoids gun-industry business, by Lisa Marie Pane Bloomberg Americans still aren’t saving, despite the booming economy, by Riley Griffin American-Berkshire-JPMorgan health venture takes aim at middleman, by Zachary Tracer Fortune Uber heads to court […]
Coverage: Intel CEO out after relationship with employee
Intel Corp.’s Brian Krzanich was forced out as CEO following an investigation into a “consensual relationship with an Intel employee,” the company announced Thursday. Sara Salinas of CNBC.com had the news: Chief financial officer Robert Swan will step in as interim CEO, effective immediately, and the board has already begun the search for a permanent replacement. “An […]
Talking Biz News Today — June 22, 2018
Some of Friday’s top business news stories: Associated Press Trump jabbed first, and now the world hits back in trade fight, by Paul Wiseman Fed finds biggest U.S. banks strong enough to survive shock, by Marcy Gordon Bloomberg Fannie, Freddie rise after White House proposes privatization, by Gregory Mott Chipotle’s path to redemption’s paved with milkshakes, quesadillas, by Craig […]
Talking Biz News Today — June 21, 2018
Some of Thursday’s top business news stories: Associated Press Stocks finish mostly higher as tech and media companies lead, by Marley Jay Lawmakers rip tariffs enacted in name of national security, by Kevin Freking and Paul Wiseman Bloomberg Jack Dorsey’s Twitter, Square are on the verge of doubling this year, by Lily Katz and Selina Wang The biggest U.S. oil patch is […]
Business journalism: Detangling complex topics and making them simple
Juli Oberlander of The Gateway, the newspaper at the University of Nebraska-Omaha, profiled Wall Street Journal reporter Nicole Friedman and how she got interested in business journalism. Oberlander writes, “Friedman says she realized economic stories drew her attention. “‘I really liked the challenge of detangling complex topics and making them simple,’ Friedman says. “After a […]
Coverage: American Airlines cancels thousands of flights
A computer glitch within PSA Airlines, an American Airlines regional carrier, forced the cancellation of hundreds of flights on Monday and Tuesday at Charlotte Douglas International Airport in North Carolina. Brian Pascus of Business Insider had the story: The problem has plagued American Airlines since last week. On Thursday and Friday, about 675 PSA flights were canceled because […]
Talking Biz News Today — June 20, 2018
Some of Wednesday’s top business news stories: Associated Press Dow posts sixth loss in a row on trade spat, small companies rally, by Marley Jay Trump raises risk of economically harmful US-China trade war, by Paul Wiseman and Zeke Miller Bloomberg GE kicked out of Dow, last 19th century member removed, by Sarah Ponczek and Rick Clough Starbucks pumps the brakes in […]
