Talking Biz News Today — Jan. 30, 2019
Some of Wednesday’s top business news stories: Associated Press Three things to watch for from the Federal Reserve on Wednesday, by Martin Crutsinger Billionaires hit Warren on proposed tax hike on top earners, by Elana Schor and Holly Ramer Bloomberg PG&E had rescue options; here’s why it chose bankruptcy instead, by David R. Baker China’s economic woes have further to […]
Talking Biz News Today — Jan. 29, 2019
Some of Tuesday’s top business news stories: Associated Press U.S. sanctions hit Venezuelan oil company, by Alexandra Olson and Cathy Bussewitz U.S. charges Chinese tech giant Huawei, tech executive, by Michael Balsamo Bloomberg Marriott sued by housekeeper over guest sexual misconduct, by Rebecca Greenfield Facebook Watch isn’t living up to its name, by Sarah Frier Fortune McDonald’s and Wendy’s bulk up […]
Coverage: Government shutdown cost economy $6 billion
The month-long government shutdown cost the U.S. economy $6 billion, according to Friday estimates by S&P Global Ratings. That’s $300 million more than Trump’s demand for $5.7 billion to build the southern border wall. Morgan GStalter of The Hill had the news: Trump’s top economic adviser, Larry Kudlow, said earlier this week that he didn’t expect the shutdown […]
Talking Biz News Today — Jan. 28, 2019
Some of Monday’s top business news stories: Associated Press Trump rollbacks for fossil fuel industries carry a steep cost, by Matthew Brown Economy likely to pick up, though pain may linger for some, by Josh Boak Bloomberg Trump’s China tariffs likely to be investigated by the WTO, by Bryce Baschuk This educational gaming company has testing down to […]
Coverage: Starbucks’ earnings post a pleasant surprise
Improved U.S. holiday sales helped Starbucks Corp. achieve better-than-expected results in its fiscal first quarter. Dee-Ann Durbin of the Associated Press had the news: After a disappointing holiday in 2017, Starbucks made some changes. This past year, holiday drinks went on sale earlier and the company removed some merchandise from the lobby to make a clearer […]
Talking Biz News Today — Jan. 25, 2019
Some of Friday’s top business news stories: Associated Press Belt buckles and beer: Shutdown hits businesses hard, by Christopher Rugaber Government shutdown strains emerge in U.S. air travel system, by David Koenig Bloomberg Starbucks is basically a China stock now, by Craig Giammona Scotch for the price of a Tesla? Macallan’s has a 52-year-old bottle for you, by Craig […]
Coverage: Ford posts a loss amid international struggles
Ford Motor Co., which has struggled overseas and saw U.S. sales fall last year, reported its first quarterly net loss in two years Wednesday Tom Krisher of the Associated Press had the news: The Dearborn, Michigan, company said it lost $116 million, or 3 cents a share, in the fourth quarter, compared with a $2.52 billion […]
Talking Biz News Today — Jan. 24, 2019
Some of Thursday’s top business news stories: Associated Press Government shutdown poses increasing risk to wider economy, by Christopher Rugaber Falling home sales not helping middle-class buyers, by Josh Boak Bloomberg Tesla reduces Model S and Model X production; shares drop, by Dana Hull and Josh Eidelson Stocks close higher after whipsawing investors, by Reade Pickert Fortune HQ Trivia swaps cash […]
Coverage: Housing sales drop to three-year low
Existing-home sales ran at a seasonally adjusted annual rate of 4.99 million in December, the National Association of Realtors said Tuesday, the lowest since November 2015. Sales were down 6.4 percent for the month, and 10.3 percent lower than the year-ago rate. Andrea Riquier of MarketWatch.com had the news: In December, home showings were 7.2% lower than a […]
Talking Biz News Today — Jan. 23, 2019
Some of Wednesday’s top business news stories: Associated Press Political shifts, sales slump casts shadow over gun industry, by Lisa Marie Pane Stocks sink on growth fears and possible snag in trade talks, by Marley Jay Bloomberg Newark airport flights are halted after reports of drones, by Alan Levin and Justin Bachman Big pharma group spent record amount as […]
