Coverage: New GE CEO wants to remake board, company
General Electric Co. announced that it would shrink its board from its current 18 members to 12 by April of next year, while adding three new directors with “relevant industry experience.” David Z. Morris of Fortune had the news: That means nine of the board’s current directors will leave. The downsizing would make GE’s board closer in […]
Talking Biz News Today — Nov. 20, 2017
Some of Monday’s top business news stories: Associated Press Derided by critics, trickle-down economics gets another chance, by Paul Wiseman Shares of online styling service Stitch Fix has a sluggish debut, by Joseph Pisani Bloomberg James Bond villain? Steven Mnuchin takes that as a compliment, by Randy Woods Tiny shifts in contour of stock rally have bulls looking […]
Coverage: WalMart beats Wall Street, predicts big holiday season
Walmart beat Wall Street forecasts for sales and profit on Thursday and improved its forecast for holiday shopping, sending its stock up nearly 11 percent to an all-time high. Paul R. La Monica of CNNMoney.com had the news: Walmart, which owns Jet.com, ModCloth, Bonobos, Moosejaw and several other shopping sites, said its digital sales rose a stunning 50% […]
Talking Biz News Today — Nov. 17, 2017
Some of Friday’s top business news stories: Associated Press Tesla wants to electrify big trucks, adding to its ambitions, by Dee-Ann Durbin Comcast talking to Fox about a deal, source says, by Tali Arbel Bloomberg Bitcoin hits record just days after 29% plunge, by Camila Russo Lynn Tilton accused of withholding funds after portfolio defaults, by Erik Larson Fortune […]
Coverage: Peltz wins seat on P&G board
Activist investor Nelson Peltz has narrowly won a seat on the board of Procter & Gamble Co., according to business media reports, after the company reported last week that the bid would not be successful. David Benoit and Sharon Terlep of The Wall Street Journal had the news: Nelson Peltz narrowly won a seat on the board of […]
Talking Biz News Today — Nov. 16, 2017
Some of Thursday’s top business news stories: Associated Press California may limit liability of self-driving carmakers, by Michael Liedtke Electric trucks emerging but still may have a long haul, by Dee-Ann Durbin Bloomberg Mattel drops on report in rebuffed approach from Hasbro, by Nick Turner We’re cutting our calculation on Wilbur Ross’s net worth to $860 million, by Brendan […]
Coverage: Dick’s warns investors, and its stock price falls
Dick’s Sporting Goods on Tuesday issued its outlook for fiscal 2018 early, noting that its earnings per share could slide 20 percent in the coming year. Stephanie Ritenbaugh of the Pittsburgh Post-Gazette had the news: The dim outlook pushed the Findlay-based company’s stock down 2.77 percent to close at $25.59. “Because of the confidence we have […]
Talking Biz News Today — Nov. 15, 2017
Some of Wednesday’s top business news stories: Associated Press Energy leads modest slide in U.S. stocks as oil prices fall, by Alex Veiga U.S. regulators approve first digital pill to track patients, by Matthew Perrone Bloomberg Google pays to put search engine back on Firefox browser in U.S., by Mark Bergen One57 foreclosure shatters price dreams at billionaires’ tower, […]
How the San Francisco Chronicle covers the wine industry
Kitty Morgan is an assistant managing editor for lifestyle at the San Francisco Chronicle, which means she oversees the paper’s food, travel and wine coverage. The Chronicle is unique in having a strong food department, including a full-time wine writer, Esther Mobley, covering wine country, as well as a travel department that specializes in local […]
Coverage: Roark Capital offers to buy Buffalo Wild Wings
Atlanta-based Roark Capital has made an offer to buy casual dining restaurant operator Buffalo Wild Wings for more than $150 per share. Lauren Hirsch and Angelica LaVito of CNBC.com had the news: The person who spoke to CNBC asked not to be named because the information is confidential. Buffalo Wild Wings and Roark did not immediately respond to requests […]
