Talking Biz News Today — April 4, 2019
Some of Thursday’s top business news stories: Associated Press Face recognition researcher fights Amazon over biased AI, by Matt O’Brien Trump team and China resume uphill battle to end trade rift, by Paul Wiseman Bloomberg SoftBank to seek $15 billion more for its huge tech fund, by Giles Turner and Selina Wang Millions of Facebook records found on Amazon […]
Coverage: Auto sales post first quarter decline
Major auto makers on Tuesday posted declines in U.S. sales for the first quarter, adding pressure on car companies already grappling with weaker conditions in important markets globally. Adrienne Roberts of The Wall Street Journal had the news: The first-quarter decline makes it likely that full-year U.S. sales will fall below 17 million vehicles for the […]
Talking Biz News Today — April 3, 2019
Some of Wednesday’s top business news stories: Associated Press Scammers peddling bogus tax breaks find traction on Facebook, by Amanda Seitz and Mae Anderson US stock indexes cap listless trading day with mixed finish, by Alex Veiga Bloomberg Trump called Powell in March as stock slid amid growth worries, by Craig Torres Tech stocks return to near-record levels, by Ryan Vlastelica […]
Talking Biz News Today — April 2, 2019
Some of Tuesday’s top business news stories: Associated Press Boeing, FAA say more time needed for fix of troubled 737 MAX, by David Koenig US retail sales declined 0.2 percent in February, by Josh Boak Bloomberg This this Lyft sell-off is bad? Wait ’til shortsellers enter fray, by Jeran Wittenstein Apocalypse postponed in S&P 500 as profit outlook […]
Coverage: Personal spending slows in January
A key measure of U.S. inflation fell in January to its slowest pace since 2016, underscoring concerns about softening price pressures that have confounded policy makers at the Federal Reserve. Paul Kiernan of The Wall Street Journal had the story: The Fed’s preferred inflation gauge, the price index for personal-consumption expenditures, fell 0.06% in January from December […]
Talking Biz News Today — April 1, 2019
Some of Monday’s top business news stories: Associated Press One of Russia’s richest women dies in plane crash in Germany, by David McHugh S&P 500 posts biggest quarterly gain in a decade; Lyft soars, by Alex Veiga Bloomberg U.S. gets health check as recession fears persist, by Katia Dmitrieva The enormous numbers behind Amazon’s market […]
Coverage: New York sues the family behind OxyContin, distributors
New York is suing the billionaire family behind the company that created OxyContin, joining a growing list of state and local governments seeking to hold not only the firm but its owners accountable for the nation’s opioid crisis. Michael R. Sisak and Jennifer Peltz of the Associated Press had the news: The state, which averages nine opioid-related […]
Talking Biz News Today — March 29, 2019
Some of Friday’s top business news stories: Associated Press Wells Fargo CEO steps down after a rocky tenure, by Ken Sweet US charges Facebook with high-tech housing discrimination, by Mae Anderson and Barbara Ortutay Bloomberg Subway closings accelerate as cold-cuts fail to draw in diners, by Leslie Patton The Ray-Ban billionaire doesn’t like to share, by Chris Bryant and Andrea Felsted Fortune Lyft […]
Coverage: Centene is buying Wellcare for $15.3 billion
Health insurer Centene Corp. agreed to buy competitor WellCare Health Plans Inc. for around $15.3 billion, creating a giant in the business of managing government health programs. Anna Wilde Mathews and Allison Prang of The Wall Street Journal had the news: The move comes after the Trump administration recently renewed talk of striking down the Affordable Care Act. Centene is the […]
Talking Biz News Today — March 28, 2019
Some of Thursday’s top business news stories: Associated Press Lyft hires IPO target to $70-$72 a share as excitement rises, by Michael Liedtke Facebook extends hate speech ban to “white nationalists,” by Barbara Ortutay Bloomberg Jury awards $80 million in damages in Roundup cancer case, by Joel Rosenblatt and Robert Burnson Mattress startup Casper joins the unicorn club with […]
