Coverage: Schultz steps down as Starbucks chairman, considers politics
Starbucks Co. executive chairman Howard Schultz, who as CEO shepherded the Seattle-based coffee chain into a global heavyweight, is stepping down later this month after 40 years with the company. Zlati Meyer of USA Today had the news: Schultz made social conscience a key tenet of the company For example, Starbucks has comprehensive health care, stock ownership and free […]
Talking Biz News Today — June 5, 2018
Some of Tuesday’s top business news stories: Associated Press Justices side with Colorado baker on same-sex wedding cake, by Mark Sherman Fed: Skimping on medications can’t save seniors from rising med cost, by Ricardo Alonso-Zaldivar Bloomberg Starbucks’ Schultz hints political career may be brewing, by Leslie Patton and Craig Giammona Twitter about to be more ubiquitous with S&P 500 inclusion, […]
Coverage: Canada slams tariffs as “insulting”
Canadian Prime Minister Justin Trudeau criticized the White House rationale for imposing punitive trade tariffs on Canada as “insulting and unacceptable,” the latest leader to warn of a looming trade war with the United States. Laura King of the Los Angeles Times had the news: The complaint was a dramatic departure from the conciliatory approach Trudeau […]
Talking Biz News Today — June 4, 2018
Some of Monday’s top business news stories: Associated Press Many breast cancer patients can skip chemo, big study finds, by Marilynn Marchione From distillers to farmers, trade war would cause casualties, by Paul Wiseman and Steve Karnowski Bloomberg Microsoft is said to have agreed to acquire coding site GitHub, by Dina Bass and Eric Newcomer The world isn’t prepared for retirement, by Suzanne […]
Hearst Connecticut papers start biz news podcast Rally
Macaela J. Bennett, a business reporter at the Hearst Connecticut Media papers, writes about the podcast she has started called Rally that focuses on how business have overcome challenges. Bennett writes, “Every week for the next month, you’ll find a new episode of Rally available in Apple Podcasts, Stitcher, SoundCloud and anywhere you find your […]
Coverage: Tariffs on Mexico, Canada and EU start a trade war
President Donald Trump on Thursday imposed tariffs on imported steel and aluminum from the European Union, Canada and Mexico, triggering immediate retaliation from U.S. allies and protests from American businesses and farmers. David J. Lynch, Josh Dawsey and Damian Paletta of The Washington Post had the news: The tariffs — 25 percent on steel and 10 […]
Talking Biz News Today — June 1, 2018
Some of Friday’s top business news stories: Associated Press Stocks skid as U.S. imposes tariffs and allies retaliate, by Marley Jay New business deals bring autonomous vehicles a step closer, by Tom Krisher Bloomberg Zuckerberg faces shareholders at contentious Facebook meeting, by Sarah Frier Goldman tops 2017 commodity revenue in just 4 months, by Jack Farchy and Sridhar Natarajan Fortune How […]
How CultureBanx brings minority business news to the mainstream
Mia Rossi of the Syracuse University Newhouse School profiles Kori Hale, who founded CultureBanx as a way to provide minority-related business news to other media organizations. Rossi writes, “Hale is working to build the business. ‘I spend a ton of time meeting with partners. We just got a partnership with Reuters and I have meetings […]
Coverage: Buffett proposed investing $3 billion in Uber
Warren Buffett proposed investing $3 billion in Uber Technologies Inc. earlier this year, but the talks fell apart following disagreements over the terms and size of the deal. Eric Newcomer and Olivia Zaleski of Bloomberg News had the story: The now-dead Uber transaction is reminiscent of the winning bet Buffett’s Berkshire Hathaway Inc. made on Goldman Sachs Group Inc. during the financial […]
Talking Biz News Today — May 31, 2018
Some of Thursday’s top business news stories: Associated Press Europe expects to be hit by U.S. tariffs on steel and aluminum, by Sylvie Corbet and Angela Charlton Banks would be freer to trade for profit under Fed proposal, by Marcy Gordon Bloomberg Deutsche Bank CEO says firm is committed to U.S., by Naomi Kresge Wells Fargo’s fake account customers to […]
