Coverage: Visa buys Visa Europe
Visa announced early Monday morning that it would buy Visa Europe. The potential $23 billion deal had been speculated about for some time. The Associated Press had this news blast: Visa plans to buy Visa Europe in a cash-and-stock deal that could be worth more than $23 billion. The global payments processor says it will […]
Talking Biz News Today – Nov. 2, 2015
Some of Monday’s top business news stories: The Wall Street Journal HP Inc. and Hewlett Packard Enterprise seek relevance through spinoff, by Robert McMillan Bill Ackman: Valeant could have handled pharmacy relationship better, by Liz Hoffman, Rob Copeland and Michael Rapoport Bloomberg Watch for these six things ahead of the Fed’s December meeting, by Jeanna […]
Coverage: Valeant cuts ties with mail-order pharmacy
Trouble for Canadian pharmaceutical company Valeant continues to grow, with the company announcing it will cut ties with Philidor Rx Services immediately. Philidor is believed to have helped Valeant pad its pockets by aggressively preventing patients from having access to lower-cost alternatives. Lisa Beilfuss of The Wall Street Journal had the day’s latest development: Valeant […]
Talking Biz News Today – Oct. 30, 2015
Some of Friday’s top business news stories: The Wall Street Journal Oil firms face reality of sustained low prices, by Sarah Kent, Eric Sylvers and Inti Landauro Pfizer, Allergan confirm talks, by Chelsey Dulaney Quartz IBM is going to change how we forecast the weather with Watson, by Mike Murphy 76% of online shopping in […]
Coverage: Will Walgreens-Rite Aid pass regulators?
Walgreens announced a $9.4 billion takeover of rival chain Rite-Aid, but the excitement from the merger has worn off and now many are questioning if regulators will approve the deal. The antitrust question is a big one, especially since the two drug stores will have more than 12,000 stores nationwide once combined. Hiroko Tabuchi of The New […]
Talking Biz News Today – Oct. 29, 2015
Some of Thursday’s top business news stories: The Wall Street Journal Fed signals interest rate increase ‘at its next meeting’ after standing pat, by Jon Hilsenrath Walgreens says Rite Aid deal is about retail footprint, by Paul Ziobro and Chelsey Dulaney Quartz Volkswagen’s new CEO can feel your pain, by Jason Karaian Ferrari’s first batch […]
Coverage: VW posts huge loss in its third quarter earnings
It has undoubtedly been a tough couple of months for Volkswagen, and news Tuesday for the German automaker did not get better. For the first time in 15 years, Volkswagen reported a quarterly loss. The loss, totaling $1.9 billion for the quarter, comes on the back of a sweeping emissions scandal that rocked the once trusted […]
Talking Biz News Today – Oct. 28, 2015
Some of Wednesday’s top business news stories: The Wall Street Journal Walgreens agrees to buy Rite Aid for $9.4 billion, by Dana Mattioli, Michael Siconolfi and Dana Cimilluca Apple earnings lifted by iPhone sales in China, by Daisuke Wakabayashi Bloomberg Twitter sales forecast misses estimates as Dorsey begins revamp, by Sarah Frier Northrop tops Boeing-Lockheed […]
Coverage: Meat causes cancer or is it just a bunch of baloney?
The World Health Organization released a new report Monday connecting red and processed meats to cancer in humans, and the news dominated headlines throughout the day. But, surprisingly enough, WHO’s report had a seemingly minor impact on hot dog makers’ and meat sellers’ stock prices. Kelsey Gee and Shirley S. Wang of The Wall Street Journal has […]
Talking Biz News Today – Oct. 27, 2015
Some of Tuesday’s top business news stories: The Wall Street Journal U.S. companies warn of slowing economy, by Theo Francis and Kate Linebaugh Duke Energy to buy Piedmont Natural Gas for $4.9 billion, by Rebecca Smith Bloomberg Valeant CEO staunchly defends drugmaker’s accounting, ethics, by Doni Bloomfield and Melissa Mittelman How red meat joined the […]
