Coverage: Theranos founder barred for two years
Federal regulators barred Theranos executive and founder Elizabeth Holmes from owning or operating a medical laboratory for at least two years, raising new questions about the future of the embattled blood-testing start-up. Andrew Pollack of the New York Times had the news: In a letter sent to Theranos that was made public on Friday, regulators said they […]
Talking Biz News Today — July 11, 2016
Some of Monday’s top business news stories: Associated Press Tesla’s CEO says he’s working on another “masterplan,” by Paul Wiseman “Secret Life of Pets” fetches $103 million in opening days, by Lindsey Baher Bloomberg Boeing poised to win $3.5 billion in orders for new planes, by Benjamin D. Katz, Julie Johnsson and Richard Weiss Europe turmoil shows […]
Coverage: Danone to buy WhiteWave for $10 billion
French food company Danone announced Thursday that it is acquiring the WhiteWave Foods Co.— maker of Horizon Organic dairy products and Earthbound Farm salad greens — for $10.4 billion, expanding its business in the United States. Stephanie Strom of the New York Times has the news: The deal, aimed at enhancing the American profile of the company […]
Talking Biz News Today — July 8, 2016
Some of Friday’s top business news stories: Associated Press Forecast for stocks in second half of the year: Turbulence, by Stan Choe U.S. gives tentative OK for flights to Cuba from 10 cities, by Joan Lowy and Scott Mayerowitz Bloomberg Boeing’s agreement with Iran comes under congressional scrutiny, by Kambiz Foroohar Moore Capital’s Barna fired […]
Coverage: Fed now backing away from future rate hikes
Talking Biz News Today — July 7, 2016
Some of Thursday’s top business news stories: Associated Press More than 500,000 hoverboards recalled after fires, burns, by Joseph Pisani Verizon hikes prices, but new options could save you money, by Anick Jesdanun Bloomberg Fed’s urgency to hike rates fades as jobs and Brexit dim outlook, by Craig Torres and Jenna Smialek McDonald’s to expand […]
Coverage: Twinkie parent Hostess Brands will go public again
The parent company of the golden sponge cake with creamy filing — otherwise known as the Twinkie — plans to go public again, four years after the company almost shut its doors forever. Nathan Bomey of USA Today has the news: The owners of Hostess — private equity firm Apollo Global Management and billionaire investor C. Dean Metropoulos […]
Talking Biz News Today — July 6, 2016
Some of Wednesday’s top business news stories: Associated Press Divided country: Town and country offering differing realities, by Nicholas Riccardi FDA approves first dissolving stent for U.S. patients, by Matthew Perrone Bloomberg Medivation enters talks with Sanofi, others after raises bid, by Caroline Chen Twitter names former Facebook chief technology officer to board, by Sarah […]
Coverage: Japanese company Line Corp. ups IPO price
Japanese messaging-app company Line Corp. raises its initial public offering price on Monday to between $28.50 and $32.50, signaling what would be the largest technology IPO so far this year. Alexander Martin of The Wall Street Journal has the news: In a news release, Line said the decision to raise its price range took into consideration […]
Talking Biz News Today — July 5, 2016
Some of Tuesday’s top business news stories: Associated Press Stocks dip in Europe amid thing trading, by Joe McDonald When the neighborhood is owned by billion-dollar companies, by Mike Schneider Bloomberg Cathay Pacific’s slump makes Singapore Airlines look good, by Jonathan Burgos and Kyunghee Park OPEC crude production rises in June led by Nigeria gains, […]
