Talking Biz News Today — Oct. 26, 2020
Some of Monday’s top business news stories: Associated Press Virus is pummeling Europe’s eateries — and winter is coming, by Raf Casert Germany’s Bayer to buy US gene therapy specialist AskBio The Wall Street Journal Facebook Prepares Measures for Possible Election Unrest, by Jeff Horwitz, Deepa Seethamaran Apple’s Booming Services Business Could Be Hit in […]
Talking Biz News Today — Oct. 23, 2020
Some of Friday’s top business news stories: Associated Press US jobless claims drop to 787,000, but layoffs remain high, by Christopher Rugaber Facebook, Twitter CEOs ordered to testify by GOP senators, by Marcy Gordon CNN Uber and Lyft must reclassify drivers as employees, appeals court finds, by Sara Ashley O’Brien Coke is canceling 200 drink […]
Talking Biz News Today — Oct. 22, 2020
Some of Thursday’s top business news stories: Associated Press OxyContin maker Purdue Pharma to plead to 3 criminal charges, by Michael Balsamo, Geoff Mulvihill Tesla posts net profit for fifth straight quarter, by Tom Krisher CNN Short-form video app Quibi is shutting down after just six months, by Frank Pallotta, Clare Duffy JPMorgan is taking […]
Talking Biz News Today — Oct. 21, 2020
Some of Wednesday’s top business news stories: Associated Press Netflix reports a summer slump in subscriber growth, by Michael Liedtke, Barbara Ortutay From Detroit to Oakland, pandemic threatens urban renewal, by Tom Krisher, Michael Liedtke CNN The pandemic is speeding up automation, and 85 million jobs are on the line, by Hanna Ziady GM to […]
Conoco buys Concho Resources for $9.7 bln
ConocoPhillips has struck a deal with Concho Resources to tie up their operations in a $9.7-billion all-stock deal. Cathy Bussewitz reported the news for the AP: ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion, making it a major presence in the Permian Basin, the top-producing oil field in […]
Talking Biz News Today — Oct. 15, 2020
Some of Thursday’s top business news stories: Associated Press Walmart to spread out deals to avoid Black Friday crowds, by Anne D’Innocenzio United loses $1.8 billion, aims to shift focus to recovery, by David Koenig CNN Goldman Sachs posts big jump in profits as market rebounds, by Paul R. La Monica Starbucks will link executive […]
Talking Biz News Today — Oct 14, 2020
Some of Wednesday’s top business news stories: Associated Press Landlords are getting squeezed between tenants and lenders, by Anne D’Innocenzio JPMorgan, Citi profits improve amid signs of recovery, by Ken Sweet CNN IMF cuts its global economic forecasts for 2021 and warns of ‘long, uneven’ recovery, by Julia Horowitz Thousands of workers petition Amazon for […]
Talking Biz News Today — Oct. 13, 2020
Some of Tuesday’s top business news stories: Associated Press 2nd COVID-19 vaccine trial paused over unexplained illness Microsoft attempts takedown of global criminal botnet, by Frank Bajak CNN Disney to overhaul its entertainment business with focus on streaming, by Frank Pallotta Nobel Prize in economics awarded to Paul Milgrom and Robert Wilson for auction theory, […]
Talking Biz News Today — Oct 12, 2020
Some of Monday’s top business news stories: Associated Press Amid COVID, many businesses in precarious spot as 2020 ends, by Joyce M. Rosenberg Trump administration targets diversity hiring by contractors, by Matt O’Brien, Alexandra Olson CNN Online shopping has been turbocharged by the pandemic. There’s no going back, by Charles Riley The pandemic is driving […]
Talking Biz News Today — Oct 9, 2020
Some of Friday’s top business news stories: Associated Press COVID-19 relief pushes U.S. budget deficit to a record $3.1T, by Andrew Taylor IBM to spin off $19B business to focus on cloud computing CNN Square just bought $50 million in bitcoin, by Oliver Effron The pandemic made 107,000 oil and gas jobs disappear. Most aren’t […]
