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. […]
Coverage: Equifax to cough up $650 mln in data breach settlement
Credit reporting services provider Equifax has agreed to pay up to $650 million to settle federal and state investigations into a major data breach that took place in 2017. Pete Schroeder had the news for Reuters: Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes […]
Talking Biz News Today — July 12, 2019
Some of Friday’s top business news stories: Associated Press Utah farmers and entrepreneurs compete to grow medical pot, by Morgan Smith House Democrats move to pass a trimmed defense bill, by Andrew Taylor Bloomberg $32 Million Swiped From Cryptocurrency Exchange in Latest Hack, by Lily Nonomiya Powell Dons the Mantle of World’s Central Banker as […]
Coverage: First named storm of the season begins shutting in oil production in the Gulf
The first named storm of the season, Barry, has already shit in half of oil production in the U.S. Gulf of Mexico. Erwin Seba had the news for Reuters: An intensifying tropical storm in the U.S. Gulf of Mexico on Thursday cut more than half the region’s oil output, with energy companies evacuating staff from […]
Coverage: Reckitt Benckiser to pay $1.4 bln to settle U.S. opioid probe
Reckitt Benckiser has agreed to pay $1.4 billion in settlement for several U.S. investigations into an opioid addiction treatment. Noor Zainab Hussain and Pushkala Aripaka had the news for Reuters: Britain’s Reckitt Benckiser (RB.L) has agreed to pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an […]
Talking Biz News Today — July 11, 2019
Some of Thursday’s top business news stories: Associated Press Treasury secretary: Congress may need quick debt limit deal, by Alan Fram California Democrats turn up pressure on gig economy, by Kathleen Ronayne Bloomberg Amazon Back on Cusp of $1 Trillion Valuation After 7-Day Streak, by Jeran Wittenstein Here’s How the Biggest Hedge Fund Managers Did […]
Talking Biz News Today — July 10, 2019
Some of Wednesday’s top business news stories: Associated Press Investment report finds many companies wanting on climate, by Frank Jordans Biden earned more than $15 million after leaving White House, by Stephen Braun Bloomberg Superdry Warns of Sales Decline, by Ellen Milligan Traders Are Certain the Fed Will Cut in July, But Unsure What’s Next, […]
Coverage: VW announces end of the Beetle
Volkswagen has announced it will halt the production of its iconic Beetle model this week. Daniel Uria had the news for UPI: The Volkswagen Beetle will go out of production this week after 82 years and three different models. The final Beetle is set to be produced in Puebla, Mexico, on Wednesday, marking an end […]
Talking Biz News Today — July 9, 2019
Some of Tuesday’s top business news stories: Associated Press Meat from a lab? Startups cook up alternative to slaughter, by Terence Chea 23 US governors join Calif. in opposing Trump mileage freeze, by Ellen Knickmeyer Bloomberg Corn Finally Catches a Weather Break in the U.S., by Michael Hirtzer Acting Defense Chief Esper Modifies Recusal Pledge […]
Coverage: PepsiCo Q2 profits beat expectations
PepsiCo’s second-quarter earnings beat analyst estimates thanks to healthy snacks and sparkling water sales. Reuters’ Nivedita Balu had the news: PepsiCo Inc (PEP.O) beat analysts’ estimates for quarterly revenue on Tuesday, as the beverage and snack maker benefited from adding healthier snacks, sparkling waters and juices to cater to consumers looking beyond sodas and chips. […]
