Coverage: Stryker approaches Boston Scientific about deal
Medical device maker Stryker Corp. has made a takeover approach to rival Boston Scientific Corp., a combination that would give Stryker a strong position in stroke-preventing heart products. Bill Berkrot of Reuters had the news: A deal would create a combined company with a market value of more than $110 billion and a wide breadth of […]
Talking Biz News Today — June 12, 2018
Some of Tuesday’s top business news stories: Associated Press Don’t trust the tech giants? You likely rely on them anyway, by Anick Jesdanun and Ryan Nakashima Seattle poised to repeal new tax opposed by Amazon, by Phuong Le Bloomberg U.S. lawmakers seek to restore ZTE penalties in defense bill, by Roxana Tiron and Jenny Leonard Quant funds are selling stocks with hidden […]
Coverage: G7 summit ends in chaos, threats
President Donald Trump alienated the United States’ closest allies at the Group of Seven summit in Canada with his aggressive trade declarations and surprising suggestion that Russia be readmitted to the exclusive club of major economic powers. Jim Puzzanghera of the Los Angeles Times had the story: But his mission at the Canadian summit appeared to be chaos. […]
Talking Biz News Today — June 11, 2018
Some of Monday’s top business news stories: Associated Press 80-story 3 World Trade Center to open after years of delays, by Karen Matthews Disnelyand Paris enters Marvel universal with Avengers theme, by Thomas Adamson Bloomberg Amazon blasted over China Echo factory conditions, by Spencer Soper Electronic Arts puts the Battle-Royale mode in battlefield game, by Christopher Palmeri Fortune Elon […]
Coverage: Buffett, Dimon call for end to quarterly earnings guidance
Billionaire investor Warren Buffett and JP Morgan Chase CEO Jamie Dimon came out Thursday against companies providing quarterly earnings guidance to Wall Street, saying its short-term focus hurts the economy. Liz Moyer of CNBC.com had the news: Dimon, the chairman of the Business Roundtable, said the group of CEOs has thrown its support behind companies backing […]
Talking Biz News Today — June 8, 2018
Some of Friday’s top business news stories: Associated Press Facebook made some private posts public for as many as 14M, by Barbara Ortutay Commerce secretary: U.S. reaches deal with China’s ZTE, by Paul Wiseman Bloomberg Bernanke says U.S. economy faces a “Wile E. Coyote” moment in 2020, by Craig Torres Feds on track to raise rates regardless […]
Coverage: Diversity the top issue at Alphabet annual meeting
Diversity remains an issue at Google parent Alphabet, which held its annual meeting with shareholders at its headquarters in Mountain View, California on Wednesday. Richard Nieva of CNET had the story: “I can confirm that for every new Alphabet board opening, we will consider a set of candidates that includes both underrepresented people of color and different […]
Talking Biz News Today — June 7, 2018
Some of Thursday’s top business news stories: Associated Press Banks jump as stocks post their fourth straight gain, by Marley Jay Mulvaney dissolves group that advised consumer watchdog, by Ken Sweet Bloomberg Musk delivers $1.1 billion “short burn” by touting Model 3 progress, by Dana Hull Icahn builds small position in drugmaker Allergan, by Scott Deveau Fortune Why GM […]
Coverage: There are now more job openings than people to fill them
U.S. job openings unexpectedly rose to a fresh record in April, with vacancies increasingly exceeding the number of unemployed workers amid a robust labor market, Labor Department data showed Tuesday. Sho Chondra of Bloomberg News had the story: The gains reinforce the view that the economy is creating jobs at a pace that can absorb any […]
Talking Biz News Today — June 6, 2018
Some of Wednesday’s top business news stories: Associated Press Trump seeks separate talks with Canada and Mexico over NAFTA, by Paul Wiseman and Darlene Superville Maker of fearsome animal robots is edging into the light, by Matt O’Brien Bloomberg HP says it may cut 5,000 jobs by 2019, more than planned, by Andrew Pollack U.S. asks OPEC for 1 million […]
