Coverage: Health insurance signees less than expected
Enrollment in the insurance exchanges that were a key part of President Barack Obama’s health care reform has been less than expected, causing some insurers to drop out of markets. Carolyn Y. Johnson of The Washington Post has the news: As a result, the administration’s promise of a menu of health-plan choices has been replaced by […]
Talking Biz News Today — Aug. 29, 2016
Some of Monday’s top business news stories: Associated Press Panera CEO on self-respect, and why he often avoids glutens, by Candice Choi German economy minister says EU-U.S. trade talks have failed, by Frank Jordans Bloomberg Central bankers spurn call for radical approach at Jackson Hole, by Steve Matthews and Jeff Black Southwest Air jet diverted […]
Coverage: Sears/Kmart continue to struggle
The parent company of retailers Sears and Kmart reported a loss on Thursday and that its same-store sales — a key barometer of a retailer’s health — continued to decline. Hadley Malcolm of USA Today had the news: The company went in the red for the period ended July 30, recording a loss of $395 million, […]
Talking Biz News Today — Aug. 26, 2016
Some of Friday’s top business news stories: Associated Press Bold moves, tepid gains: Have central bankers met their limit? by Paul Wiseman Yellen, in speech Friday, could send signal about next hike, by Martin Crutsinger Bloomberg Plot thickens in SEC case of a $35 billion company nobody knows, by Benjamin Bain Fed cuts off money […]
Coverage: HP’s earnings beat expectations, but stock falls on forecast
HP Inc.’s revenue and earnings declined but beat estimates in its most recent quarter, but the computer company showed signs of stabilizing its declining PC business, its largest revenue generator. Don Clark of The Wall Street Journal had the news: The Palo Alto, Calif.-based company said its personal-systems revenue was flat in the latest quarter after five quarters […]
Talking Biz News Today — Aug. 25, 2016
Some of Thursday’s top business news stories: Associated Press Coal towns hit by layoffs to get job grants from U.S. government, by John Raby The hidden risk to the economy in corporate balance sheets, by Bernard Condon Bloomberg Hedge funds suffer biggest redemptions since 2009, by Hema Parmar At Fox News, election years big rankings […]
Coverage: What’s behind the price increase of an EpiPen?
Mylan NV is coming under media scrutiny because since 2007, the price of an EpiPen — used to treat anaphylactic shock in allergy victims and people with asthma — has quietly risen 400 percent. Jacqueline Howard of CNN had the news: The EpiPen is an auto-injector that delivers epinephrine, more commonly known as adrenaline, a hormone that […]
Talking Biz News Today — Aug. 24, 2016
Some of Wednesday’s top business news stories: Associated Press U.S. new-home sales climb to best level since late 2007, by Josh Boak Some vacation spots quietly benefit as vacationers avoid Zika, by Scott Mayerowitz Bloomberg Tesla unveils the world’s fastest production car, by Tom Randall Donald Trump the mortgage broker was in trouble from the […]
Coverage: Pfizer buying Medivation for $14 billion
Pfizer Inc., beating out numerous other bidders, said Monday that it agreed to buy U.S. drug company Medivation Inc. for $14 billion, expanding its prostate cancer drug business. Ransdell Pierson and Ankur Banerjee of Reuters had the news: Medivation shares jumped nearly 20 percent to close at $80.42, just shy of the offer price of $81.50 […]
Talking Biz News Today — Aug. 23, 2016
Some of Tuesday’s top business news stories: Associated Press Stocks end lower in mostly quiet trading, by Ken Sweet Speedo USA, three others drop Lochte after Rio incident, by Paul Newberry Bloomberg Delta offers pilots 27% raise as contract impasse lingers, by Michael Sasso Senators scrutinize Mylan over EpiPen price increases, by Cynthia Koons and […]
