Coverage: Home prices rise more than forecast
A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released Tuesday. Katia Dmitrieva of Bloomberg News had the story: Home prices continue to post solid gains across the country, with the largest advances occurring in the West. While demand […]
Talking Biz News Today — March 28, 2018
Some of Wednesday’s top business news stories: Associated Press Expert says Brexit campaign used data mined from Facebook, by Danica Kirka Tech stocks pull market sharply lower, erasing early gains, by Alex Veiga Bloomberg Uber will let California autonomous-vehicle license expire, by Eric Newcomer Walmart pulls Cosmpolitan magazine from checkouts, by Matthew Boyle Fortune Craft beer’s days of explosive […]
Coverage: Lowe’s CEO to leave once a replacement is found
Lowe’s Cos. announced Monday that CEO Robert Niblock will retire from the home improvement retailer as soon as the company finds a successor, sending its stock up 6 percent. Lauren Thomas of CNBC.com had the news: “After a 25-year career at Lowe’s, including 13 years as chairman and CEO, I am confident that it is the right time […]
Talking Biz News Today — March 27, 2018
Some of Tuesday’s top business news stories: Associated Press Is Zuckerberg willing to act boldly to fix Facebook crisis? by Adam Geller and Barbara Ortutay Wynn Resorts hearing may include alleged sexual misconduct, by Regina Garcia Cano Bloomberg The S&P 500 comes roaring back from the brink, by Lu Wang Goldman says there’s no need to worry about slowing global […]
Coverage: How Facebook could face regulation
Apple CEO Tim Cook called for stronger privacy regulations to prevent the abuse and misuse of data on Saturday in the aftermath of the leak of Facebook user information. Christopher Carbone of Fox News had the story: Cook’s statement will add to the mounting scandal hitting Facebook, which has pushed its stock price down 14 percent, […]
Talking Biz News Today — March 26, 2018
Some of Monday’s top business news stories: Associated Press What Facebook’s privacy policy allows my surprise you, by Barbara Ortutay China appeals for cooperation as it warns of “trade war,” by Joe McDonald Bloomberg Sinopec offers record dividend as profit surges, by Aibing Guo Uber agrees to Southeast Asian sale to Grab, by Eric Newcomer and Yoolim Lee Fortune MoviePass cuts […]
Coverage: Stock market drops after Trump adds China tariffs
U.S. stocks slumped on Thursday as President Donald Trump’s move to impose tariffs on up to $60 billion of Chinese imports drove fears about the impact on the global economy. Chuck Mikolajczak of Reuters had the news: Trump signed a presidential memorandum that will target the Chinese imports only after a consultation period. China will have […]
Talking Biz News Today — March 23, 2018
Some of Friday’s top business news stories: Associated Press Why U.S. consumers could feel impact of Trump’s China tariffs, by Christopher Rugaber Behind Facebook’s baby step fixes: Defending its ad business, by Barbara Ortutay and Anick Jesdanun Bloomberg World’s wealthiest lose $71 billion in market selloff, by Tom Metcalf and Jack Witzig Dropbox raises $756 million after pricing IPO above range, by Alex […]
Coverage: Fed raises interest rates, signals more to come
The U.S. Federal Reserve Board raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflation and spur more aggressive future tightening. Jonathan Spicer and Jason Lange of Reuters had the news: In its first policy meeting under new […]
Talking Biz News Today — March 22, 2018
Some of Thursday’s top business news stories: Associated Press Crisis experts say Facebook has mishandled the data scandal, by Mae Anderson Stocks wobble and end lower after Fed raises interest rates, by Marley Jay Bloomberg Facebook’s Zuckerberg outlines steps to protect user data, by Sarah Frier Twitter’s chief information security officer departs, by Selina Wang Fortune The night $1 […]
