Coverage: NBC and Kelly reach a separation agreement
NBC News announced its professional divorce agreement with Megyn Kelly late Friday, ending an association with the former Fox News Channel star whose attempt to become a network morning television star as part of the “Today” show floundered. David Bauder of the Associated Press had the news: Terms were not disclosed. Kelly was in the second […]
Talking Biz News Today — Jan. 14, 2018
Some of Monday’s top business news stories: Associated Press Trade war’s wounded: Companies improvise to dodge cost hikes, by Paul Wiseman Industry wary of alternatives tries to protect a word: meat, by Grant Schulte Bloomberg The new American car recession has already started, by Keith Naughton, David Welch and Gabrielle Coppola Millennial women are pouring into jobs, fueling U.S. labor […]
Coverage: Fed chair Powell says it will be “patient”
Jerome H. Powell, the Federal Reserve chairman, reiterated Thursday that the Fed plans to evaluate the health of the economy before moving ahead with any new interest rate increases. Binyamin Appelbaum of The New York Times had the news: Patience is the Fed’s new watchword, and Mr. Powell used it at least four times in his remarks. He […]
Talking Biz News Today — Jan. 11, 2019
Some of Friday’s top business news stories: Associated Press Industrials lead US stocks higher again; Macy’s nosedives, by Marley Jay Strong economy does little to lift department store sales, by Anne D’Innocenzio and Michelle Chapman Bloomberg JPMorgan to boost bonus pull for stock traders, bankers, by Michelle Davis Burned-out millennials need careers, not just jobs, by Noah Smith Fortune Bitcoin tumbles […]
Coverage: Lampert raises bid for Sears to $5 billion
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation. Lauren Hirsch of CNBC.com had the story: This latest attempt comes one day after Lampert’s initial $4.4 billion bid to save Sears was rejected by the company. It faced a number of challenges, […]
Talking Biz News Today — Jan. 10, 2019
Some of Thursday’s top business news stories: Associated Press Fed minutes: Growing risks make rate hike path less clear, by Martin Crutsinger Stocks post fourth straight gain as hopes build on China trade, by Marley Jay Bloomberg Goldman’s $500 million lawyer has called it quits, by Sridhar Natarajan and Tom Metcalf Hedge funds have lost their rhythm, by Matt Levine Fortune […]
Coverage: Herbalife CEO quits after comments discovered
Herbalife Nutrition Ltd.’s chief executive resigned after the company said it discovered comments he made prior to becoming CEO that were inconsistent with its standards. Patrick Thomas of The Wall Street Journal had the story: The nutritional-supplement company said CEO Richard Goudis, who assumed the post in June 2017, resigned Tuesday. Prior to becoming CEO, Mr. Goudis was […]
Talking Biz News Today — Jan. 9, 2019
Some of Wednesday’s top business news stories: Associated Press Sears gets another reprieve from liquidation, by Anne D’Innocenzio What air travelers should know about the government shutdown, by David Koenig Bloomberg Realtors say the government shutdown is killing home sales, by Prashant Gopel Tim Cook’s $12 million bonus in 2018 is his biggest ever, by Anders Melin Fortune Regulatory […]
Coverage: Eli Lilly makes $8 billion bet on cancer drugs
Eli Lilly said Monday it will buy Loxo Oncology Inc. for $8 billion, an expensive bet on a pipeline of cancer drugs that target rare genetic mutations and the biggest acquisition in the drugmaker’s 143-year history. Tamara Mathias and Ankur Banerjee of Reuters had the news: The price represents a 68 percent premium to Loxo’s Friday share price close, which […]
Talking Biz News Today — Jan. 8, 2019
Some of Tuesday’s top business news stories: Associated Press US-China trade talks start amid cooling economic growth, by Joe McDonald Jittery Wall Street has a lot ahead to be nervous about, by Stan Choe Bloomberg Airports worried about screener absences if the shutdown continues, by Alan Levin Housing bear who called 2018 slowdown says worst yet to come, […]
