Talking Biz News Today — Nov. 12, 2018
Some of Monday’s top business news stories: Associated Press With Uber Eats’ fast growth comes potential for profits, by Tom Krisher Pabst says MillerCoors is trying to put it out of business, by Ivan Moreno Bloomberg Legal pot is a nightmare for airports and travelers, by Justin Bachman New York’s fine dining scene is skewing in one direction, […]
Coverage: Disney is clicking on all cylinders — almost
The box office success of “Incredibles 2” and “Ant-Man and the Wasp” combined with the popularity of the Walt Disney Co.’s theme parks bolstered quarterly earnings at the Hollywood conglomerate. Brent Lang of Variety had the news: Diluted earnings per share for the fourth quarter increased 37% to $1.55, while revenues climbed 12% to $14.3 billion. Net income […]
Talking Biz News Today — Nov. 9, 2018
Some of Friday’s top business news stories: Associated Press Fed leaves key rate unchanged but sees further hikes ahead, by Martin Crutsinger Google bows to worker pressure on sexual misconduct policy, by Michael Liedtke Bloomberg P&G to reorganize structure in more than might make Nelson Peltz proud, by Lauren Coleman-Lochner Tesla’s insider chairwoman stirs doubts on Musk being […]
Coverage: Roku falls 12% after earnings beat
Shares of Roku plunged as much as 12 percent in extended trading Wednesday despite beating on both the top and bottom lines in its third-quarter earnings. Sara Salinas of CNBC.com had the news: Roku raised full-year revenue guidance to a range of $722 million to $732 million, up from a previous range of $710 million to $730 million. That […]
Talking Biz News Today — Nov. 8, 2018
Some of Thursday’s top business news stories: Associated Press Tech and health care lead U.S. stock surge after midterms, by Marley Jay With split Congress, prospect for economic deals looks dim, by Josh Boak Bloomberg U.S. consumer credit rose less than expected in September, by Sho Chondra Qualcomm gives weak forecast on loss of Apple iPhone orders, by Ian […]
Coverage: Papa John’s same-store sales dropped 10% in the third quarter
As it unveiled its third-quarter results late Tuesday afternoon, Papa John’s told analysts that its battle to lure customers back to its stores is still a work in progress, and the performance reflected that. Grace Schneider of the Louisville Courier Journal had the news: North American same-store sales dropped — again — by nearly 10 percent, leading to a consolidated loss before […]
Talking Biz News Today — Nov. 7, 2018
Some of Wednesday’s top business news stories: Associated Press Facebook blocks 115 accounts ahead of U.S. midterm elections, by Kelvin Chan and Barbara Ortutay Asian markets rise awaiting U.S. midterm election results, by Yuri Kageyama Bloomberg A $240 billion-a-day market is leaving London over Brexit, by Will Hadfield Tesla short David Einhorn says last quarter was “as good as it […]
Coverage: Davis, the scourge of CEOs, dies at 89
Evelyn Y. Davis, the well-known corporate gadfly who attended company annual meetings to ask embarrassing questions to chief executive officers over the past three decades, has died at the age of 89. Michael Hiltzik of the Los Angeles Times had the news: At corporate annual meetings back in the 1980s and 1990s, there came a point dreaded […]
Talking Biz News Today — Nov. 6, 2018
Some of Tuesday’s top business news stories: Associated Press Fed likely to keep rates on hold and sketch a bright outlook, by Martin Crutsinger Ride-share companies embrace election frenzy, by Cathy Bussewitz Bloomberg Sears is moving closer to loan deal and stave off shutdown, by Eliza Ronalds-Hannon Senior citizens are replacing teenagers as fast-food workers, by Leslie Patton Fortune […]
Coverage: Amazon is close to picking its HQ2 location
Amazon.com Inc. has progressed to late-stage talks on its planned second headquarters with a small handful of communities, including northern Virginia’s Crystal City, Dallas and New York City. Laura Stevens, Scott Calvert and Tawnell D. Hobbs of The Wall Street Journal had the news: The ongoing talks with some local officials come as discussions appear to have cooled in some […]
