Talking Biz News Today — April 4, 2018
Some of Wednesday’s top business news stories: Associated Press U.S. proposes tariffs on $50 billion in China imports, by Paul Wiseman Sky News could be sold to Disney under new plan, by Gregory Katz Bloomberg WPP’s Martin Sorrell is target of misconduct investigation, by Joe Mayes Tesla’s Model 3 is now America’s best-selling electric car, by Tom Randall […]
Quartz reporter wins lawsuit against U.S. Department of Commerce
Quartz reporter David Yanofsky and his lawyers from the Reporters Committee for Freedom of Press have won their lawsuit against the U.S. Department of Commerce’s International Trade Administration and can now access previously paywalled immigration data maintained. Yanofsky writes, “Three years later, a federal district court judge says I’m entitled to that data—the only near-comprehensive […]
Coverage: Apple plans to stop using Intel chips
Apple Inc. is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp., according to media reports on Monday. Ian King and Mark Gurman of Bloomberg News had the story: The initiative, code named Kalamata, is still in the early developmental stages, but comes as part of a larger strategy to […]
Talking Biz News Today — April 3, 2018
Some of Tuesday’s top business news stories: Associated Press Tech woes, worsening tensions with China sink U.S. stocks, by Marley Jay Florida lawmaker who helped craft new tax law stands to gain, by Richard Lardner Bloomberg Elon Musk is back to sleeping at the factory, by Tom Randall Trump taps ex-Morgan banker for No. 2 role at Treasury, […]
Coverage: Saks Fifth Avenue, Lord & Taylor face breach
A data breach at department store chains Saks Fifth Avenue, Saks Off Fifth and Lord & Taylor has compromised the personal information of customers who shopped at the stores. Matt O’Brien of the Associated Press had the news: The chains’ parent company, Canada-based Hudson’s Bay Co., announced the breach of its store payment systems on Sunday. […]
Talking Biz News Today — April 2, 2018
Some of Monday’s top business news stories: Associated Press Data breach hits Saks Fifth Avenue, Lord & Taylor stores, by Matt O’Brien Trump says he wants new migrants but creates new hurdles, by Nicholas Riccardi Bloomberg Tesla makes last-ditch Model 3 deliveries as pressures mount, by Dana Hull Goldman says watch how Japanese stocks start the month, by Min […]
Coverage: Renault and Nissan in talks to combine
Renault SA and Nissan Motor Co. are in talks to merge, seeking to solidify their two-decade-old alliance under a single stock as an unprecedented shift toward electric and shared cars transforms the industry. David Welch, Ed Hammond, Kiel Porter and Jie Ma of Bloomberg News had the story: A deal would end the current alliance between the companies and […]
Talking Biz News Today — March 30, 2018
Some of Friday’s top business news stories: Associated Press Tech stocks help U.S. markets end rocky quarter with a bang, by Alex Veiga The next Kirkland? Online retailers create their own brands, by Joseph Pisani Bloomberg Tesla recalls about 123,000 early Model S cars, by Dana Hull Under Armour says 150 million MyFitnessPal accounts hacked, by Nick Turner […]
Coverage: Economic growth is revised upward
The U.S. economy grew at a 2.9 percent annual rate in the final three months of last year, an upward revision that caps three quarters of the fastest growth in more than a decade. Martin Crutsinger of the Associated Press had the news: The gross domestic product, the country’s total output of goods and services, grew at […]
Talking Biz News Today — March 29, 2018
Some of Thursday’s top business news stories: Associated Press California regulators target web ads for illegal pot shops, by Michael R. Blood Small business dilemma: Raise prices or absorb inflation? by Joyce Rosenberg Bloomberg Tesla bonds are in free fall, by Molly Smith Amazon loses $53 billion in market value, becomes FAANG’s biggest loser, by Elena Popina and Kamaron Leach Fortune […]
