Coverage: Theranos-Walgreens deal crumbling
Things continue to get worse for Elizabeth Holmes and her team at Theranos with major partner Walgreens now threatening to break its contract with the struggling blood-testing firm. Theranos has been under a microscope since the Wall Street Journal reported problems with the way the company does its specialized blood testing. Parikshit Mishra of Reuters […]
Talking Biz News Today – Feb. 11, 2016
Some of Thursday’s top business news stories: The Wall Street Journal Time Warner outlook solid; revenue misses, by Lisa Beilfuss Coca-Cola fights for ‘Zero’ trademark rights, by Mike Esterl Bloomberg Yellen signals rate path hinges on whether turmoil persists, by Christopher Condon, Jana Randow and Craig Torres Deutsche Bank may write down Postbank again closer to sale, by Nicholas Comfort […]
Coverage: Disney announces quarterly earnings, shares drop
“Star Wars: The Force Awakens” is undoubtedly a big hit for the Walt Disney Co., but when the Burbank, Calif.-based company reported earnings Tuesday, the only thing analysts cared about was ESPN. In the quarter, ESPN saw a decline in subscribers, prompting many to question the sports network’s dominance. Amanda Gomez of TheStreet summed up […]
Talking Biz News Today – Feb. 10, 2016
Some of Wednesday’s top business news stories: The Wall Street Journal Viacom CEO defends his leadership, by Keach Hagey and Lisa Beilfuss Coke results top expectations on volume, pricing growth, by Chelsey Dulaney Bloomberg Is the Oprah effect starting to show up in Weight Watchers results?, by Nick Turner As if Shkreli needed more trouble, Wu-Tang artist sues him, […]
Coverage: Anxiety over global banking market increases
The week is off to a rocky start for the world’s biggest banks, as stocks tumbled upon increased anxiety over the future of the industry. Peter Eavis of The New York Times had the day’s unsettling news: An unsettling trend has emerged from the heavy selling that sent global markets tumbling this year: Investors are […]
Talking Biz News Today – Feb. 9, 2016
Some of Tuesday’s top business news stories: The Wall Street Journal Chesapeake says it doesn’t plan to pursue bankruptcy, by Timothy Puko and Erin Ailworth ‘Star Wars’ is the force behind strong Hasbro sales, by Paul Ziobro and Austen Hufford Bloomberg Google CEO Pichai receives record $199 million stock grant, by Anders Melin and Caleb Melby The probability of negative U.S. […]
Coverage: Super Bowl ads lighten up
His viral dance moves inspired thousands of memes when “Hotline Bling” premiered, so why not take advantage of it? On Sunday, T-Mobile treated viewers to a 30-spot poking fun at rapper Drake’s hit song, but it was not the only funny advertisement of the night. For Super Bowl 50, advertisers took a decidedly different approach […]
Talking Biz News Today – Feb. 8, 2016
Some of Monday’s top business news stories: The Wall Street Journal Big companies pull back after rough quarter, by Theo Francis Super Bowl ads bring lighter tone, by Suzanne Vranica Bloomberg Chobani rejects PepsiCo’s offer to take stake in yogurt company, by Craig Giammona and Jennifer Kaplan VW may report earnings in April, hold investor meeting by June, by Elisabeth Behrmann […]
Coverage: Shkreli “testifies” before Congress
Martin Shkreli, the now infamous ex-pharmaceutical executive, is not known for his silence, but he sat silent Thursday as Congressional members grilled him about his decision to hike drug prices while running Turning. But in typical Shkreli fashion, he quickly took to Twitter to insult his questioners following the public hearing. Hard to accept that […]
Talking Biz News Today – Feb. 5, 2016
Some of Friday’s top business news stories: The Wall Street Journal Philip Morris revenue, cigarette shipments decline, by Chelsey Dulaney Shell profit battered by weak oil prices, by Sarah Kent Bloomberg Viacom’s board names Dauman chairman, replacing aging Redstone, by Christopher Palmeri and Lucas Shaw Consumer comfort in U.S. little changed near three-month high, by Tatiana Darie The Associated Press Orders to […]
