Talking Biz News Today — Nov. 14, 2017
Some of Tuesday’s top business news stories: Associated Press Oil prices are up, but surge may be short-term, by Carlo Piovano and David Koenig Amazon or Walmart? Some retailers are choosing alliances, by Anne D’Innocenzio Bloomberg Tesla is a “hotbed for racist behavior,” worker claims in suit, by Dana Hull Facebook tells FEC it supports campaign advertising transparency, by Ben Brody and Sarah […]
Coverage: Hasbro makes offer for rival Mattel
Hasbro Inc. has made an approach to acquire rival Mattel Inc., the latest attempt to combine the two biggest U.S. toymakers in more than two decades. Greg Roumeliotis of Reuters had the news: A deal would create a toy powerhouse, uniting Hasbro’s My Little Pony, Monopoly and Nerf brands with Mattel’s Barbie dolls and Hot Wheels toys. […]
Talking Biz News Today — Nov. 13, 2017
Some of Monday’s top business news stories: Associated Press Chinese spend billions shopping online on “Singles Day,” by Sam McNeil Uber nears deal for huge Softbank investment, by Tom Krisher Bloomberg Airbus suffers earl Dubai blow as Boeing wins surprise 787 deal, by Anurag Kotoky and Benjamin D. Katz Bond traders brace for inflation data that could rattle the Fed, […]
Coverage: Equifax earnings drop amid costs from data breach
Equifax has incurred $87.5 million of expenses stemming from a giant data breach this year and faces dozens of government investigations as a result. Stacy Cowley of The New York Times had the news: Equifax disclosed in September that attackers had used a flaw in its website software to extract the personal information of as many as 145.5 million […]
Talking Biz News Today — Nov. 10, 2017
Some of Friday’s top business news stories: Associated Press Russian Twitter trolls deflected Trump bad news, by Ryan Nakashima and Barbara Ortutay Disney hopes for its next blockbuster in newest “Star Wars,” by Tali Arbel Bloomberg Loeb’s Third Point boosts Alibaba stake to more than $1 billion, by Charles Stein Junk-bond rally unravels, one bad earnings report at a time, […]
Coverage: AT&T deal for Time Warner under scrutiny
AT&T’s acquisition of Time Warner has hit a serious snag as negotiations between the companies and the Department of Justice have turned so contentious that now both sides are arguing publicly over what the dispute is even about. Brian Stelter of CNNMoney.com had the news: Both sides agree that there was a pivotal meeting on Monday […]
Talking Biz News Today — Nov. 9, 2017
Some of Thursday’s top business news stories: Associated Press Panera founder to step down as CEO; company buys Au Bon Pain, by Joseph Pisani No one is immune from hacks, says former Yahoo CEO, by Kevin Freking Bloomberg Snap is looking a lot like Twitter after another earnings miss, by Jeran Wittenstein One57 penthouse is sold in world’s […]
Coverage: Billionaire Ackman loses ADP proxy fight
Activist hedge fund manager William Ackman lost an acrimonious fight to win seats on Automatic Data Processing Inc.’s board via a proxy fight. Trevor Hunnicutt of Reuters had the news: It was the latest in a string of public defeats for Ackman, who raised $500 million from investors to take a stake in ADP. Some of […]
Talking Biz News Today — Nov. 8, 2017
Some of Wednesday’s top business news stories: Associated Press Losses for banks and smaller companies take U.S. stocks lower, by Marley Jay Twitter doubles character limit to 280 for (nearly) everyone, by Barbara Ortutay Bloomberg Snap will overhaul its app just nine months after its IPO, by Sarah Frier Gun sales in America have stopped spiking after mass […]
Coverage: Disney in talks to buy most of 21st Century Fox
21st Century Fox has been holding talks to sell most of itself to Walt Disney Co., leaving behind a media company tightly focused on news and sports. David Faber of CNBC broke the news: The talks have taken place over the last few weeks and there is no certainty they will lead to a deal. The two sides are […]
