Coverage: Report says Jessica Alba’s Honest Co. uses banned ingredient
The Honest Company is under fire again. The company, which was co-founded by Jessica Alba, boasts about its “safe” products and even goes so far as to list ingredients it deems unsafe, but an investigation by The Wall Street Journal revealed the company uses one of its forbidden ingredients in its laundry detergent. Serena Ng […]
Talking Biz News Today — March 11, 2016
Some of Friday’s top business news stories: CNBC.com Oil slump teaches Draghi a tough lesson, by Matt Clinch Why China fixed the yuan higher against the dollar, by Leslie Shaffer Bloomberg Yahoo’s Mayer hopes to stay in job even if company changes hands, by Brian Womack Valeant CEO says no more surprises, in meeting with […]
Coverage: Volkswagen’s U.S. CEO Michael Horn is out
Michael Horn was Volkswagen’s public face in the early days after its highly-publicized emissions scandal broke, but now the German automaker’s top U.S. manager is out. The company disclosed in a filing Wednesday that Horn left the company and will be replaced by Hinrich Woebcken. John Stoll and Mike Spector of The Wall Street Journal had the day’s news: […]
Talking Biz News Today — March 10, 2016
Some of Thursday’s top business news stories: CNBC.com Pizza Hut to award free pizza for National Pi Day, by Sarah Whitten Taco Bell launches $1 breakfast menu nationwide, by Sarah Whitten Bloomberg European central bank to expand QE, cut interest rates, by Alessandro Speciale Jobless claims in U.S. drop to lowest level in five months, […]
Coverage: Maria Sharapova’s ban has her sponsors running
It was just Monday that Maria Sharapova admitted to failing her drug test at the Australian Open for her use of the drug meldonium, but her biggest sponsors are reacting fast but suspending ties with the now banned tennis star. The loss in sponsorship income could cost Sharapova, who is the highest-paid female athlete, according […]
Talking Biz News Today — March 9, 2016
Some of Wednesday’s top business news stories: New York Times Volkswagen inquiry expands to 17 suspects, by Jack Ewing United Continental shareholders turn to Bethune to lead revolt, by Michael de la Merced and Jad Mouawad Bloomberg Lumber Liquidators falls as Tilson shorts it a second time, by Matthew Townsend Citigroup says market revenue to fall 15% in […]
Coverage: Burberry worries about potential takeover
In an interesting turn of events, Burberry is searching for a mystery investor who as accrued a 5 percent stake in the British luxury design house. The surprise announcement has led many to speculate whether the company might be a potential acquisition target. Bryce Elder, Arash Massoudi and Patrick Jenkins of the Financial Times had […]
Talking Biz News Today — March 8, 2016
Some of Tuesday’s top business news stories: New York Times Microsoft opens its corporate data software to Linux, by Quentin Hardy Wells Fargo charged with fraud in video game start-up case, by Michael Corkery Bloomberg Shake Shack drops as slowing growth threatens brand cachet, by Leslie Patton Rich golfers buy up Pacific coastline 13 hours from […]
Coverage: Ralph Baruch, former Viacom president, passes away at 92
Ralph Baruch, a pioneer of the broadcasting industry, died at his home in New York City. He was 92. Baruch led Viacom during the company’s separation from CBS during the 1970s. He was also an influential voice over legislation concerning the deregulation of the cable industry. Matt Schudel of The Washington Post had the unfortunate […]
Talking Biz News Today — March 7, 2016
Some of Monday’s top business news stories: CNNMoney.com The retirement crisis facing Hispanics, by Tanzina Vega United CEO returning two months after heart transplant, by Jackie Wattles Bloomberg American Airlines pilots blast return of ‘toxic culture,’ by Mary Schlangenstein “Zootopia” sets Disney record with $73.7 million opening weekend, by Anousha Sakoui Fortune Why J.C. Penney’s CEO isn’t closing more […]
