Talking Biz News Today — July 8, 2019
Some of Monday’s top business news stories: Associated Press Poll: 1 in 4 don’t plan to retire despite realities of aging, by Andrew Soergel ‘Spider-Man’ soars with $185.1M over six-day holiday weekend, by Jake Coyle Bloomberg Aspiring College Students Know ‘Shockingly’ Little About Financial Aid, by Luke McGrath Investors Dump Korean Chip Makers Amid Japan’s […]
Coverage: Saudi airline cancels Boeing 737 MAX order
Saudi state-owned airline flydeal canceled an order for Boeing’s controversial 737 MAX jets replacing them with Airbus A320neos. The Wall Street Journal’s Robert Wall had the news: Boeing Co. Sunday lost a deal for 737 Max jetliners in one of the first tangible signs the crisis around the plane could shift business to European rival […]
Coverage: UK watchdog puts Amazon’s acquisition of Deliveroo on hold
The UK’s Competition and Markets Authority has paused the takeover of food delivery startup Deliveroo by Amazon on competition concerns. Kate Holton and James Davey reported the news for Reuters: Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) investment in online food delivery group Deliveroo while it considers launching a full investigation. Amazon […]
Talking Biz News Today — July 5, 2019
Some of Friday’s top business news stories: Associated Press Oklahoma presses opioid case against Johnson & Johnson, by Sean Murphy TV channels go dark after AT&T, Nexstar fail to reach deal Bloomberg Billionaire U.S. Coal Baron Cline Dies in Helicopter Crash, by Lynn Doan What Economists Are Saying Ahead of the June U.S. Jobs Report, […]
Talking Biz News Today — July 4, 2019
Some of Thursday’s top business news stories: Associated Press US trade deficit rises to 5-month high of $55.5B in May, by Paul Wiseman Family of deadly Vegas shooting victim sues gun makers, by Michelle L. Price, Michael Balsamo,Scott Sonner Bloomberg Navarro Sees Dow at 30,000 If Two of Trump’s Wishes Come True, by Reade Pickert, […]
Coverage: Boeing offers $100 mln to families of 737 MAX victims
Boeing has offered a fund of $100 million to the families of the victims in two deadly crashes with its 737 MAX aircraft. BBC’s Russell Hotten had the news: Boeing is giving $100m (£80m) to help families affected by the two crashes of the company’s 737 Max planes in Indonesia and Ethiopia. The payment, stretching […]
Coverage: Tesla stock jumps on record-setting deliveries, production
Tesla’s shares shot up 7% yesterday after the carmaker reported record-high production and delivery rates. Elijah Shama had the news for CNBC: Tesla shares surged Tuesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates. The company’s stock jumped by about 7% […]
Talking Biz News Today — July 3, 2019
Some of Wednesday’s top business news stories: Associated Press Kaepernick stirs new controversy for Nike, by Alexandra Olson Former Chrysler CEO Lee Iacocca has died at age 94, by Tom Krisher, Dee-Ann Durbin Bloomberg Grim Earnings Forecasts Are Getting Worse by the Week, by Sarah Ponczek Trump Picks Two Fed Nominees Likely to Support Easier […]
Talking Biz News Today — July 2, 2019
Some of Tuesday’s top business news stories: Associated Press World Bank unit implicated in Latin America graft scandal, by Joshua Goodman Why wealth gap has grown despite record-long economic growth, by Christopher Rugaber Bloomberg Dealmakers for the Rich Face a ‘Kodak Moment,’ UBS Banker Warns, by Benjamin Stupples, Patrick Winters Biden’s Lead Shrinks as Warren, […]
Coverage: U.S. threatens more European tariffs over Boeing-Airbus spat
The United States has threatened to add more European products to a list of tariff goods if a WTO case regarding Eu subsidies for Airbus ends favorably for the aircraft maker. Joshua Zumbrun had the news for MarketWatch: The U.S. widened its threat to impose tariffs against the European Union, pending the outcome of a […]
