Talking Biz News Today — Oct. 1, 2018
Some of Monday’s top business news stories: Associated Press Employers jump into providing care as health costs rise, by Tom Murphy Las Vegas pauses but moves ahead a year after shooting, by Tim Dahlberg Bloomberg Tesla is “very close” to profitability, Musk says in staff email, by Josh Eidelson New Mexico is top performing state economy since Trump […]
Coverage: SEC files charges against Tesla’s Musk
U.S. securities regulators on Thursday accused Tesla Inc. Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month. Jonathan Stempel and Alexandria Sage of Reuters had the news: […]
Talking Biz News Today — Sept. 28, 2018
Some of Friday’s top business news stories: Associated Press More U.S. corporate giants warn tariffs will mean price hikes, by Tom Krisher and Josh Boak House approves GOP tax measures for savings, startups, by Marcy Gordon Bloomberg Lions Gate’s Amazon pact is seen a a step toward possible takeover, by Kamaron Leach Geron plunges 68% after J&J ends partnership that […]
Coverage: SurveyMonkey rises in first day of trading
SurveyMonkey soared more than 60 percent in its stock market debut Wednesday, after opening at $18.75 per share. Sara Salinas of CNBC.com had the news: The software company that offers digital survey and data analytics services for enterprise and personal use priced its shares at $12 a piece Tuesday night, above the expected range of $9 […]
Talking Biz News Today — Sept. 27, 2018
Some of Thursday’s top business news stories: Associated Press Fed raises rates for third time this year with one more expected, by Martin Crutsinger US, Japan agree to negotiate a free trade agreement, by Matthew Pennington Bloomberg Tesla is offering customers incentives in an end-of-the-quarter rush, by Dana Hull A $100 billion giant is spiraling and no one […]
Coverage: Nike shares fall despite earnings beat
Nike Inc. shares fell by 4 percent after it posted double-digit earnings growth for its fiscal first quarter as the company works to revive its business in the U.S. and courts controversy with a new ad campaign featuring former San Francisco 49ers quarterback Colin Kaepernick. Lauren Thomas of CNBC.com had the news: Its shares fell by more […]
Talking Biz News Today — Sept. 26, 2018
Some of Wednesday’s top business news stories: Associated Press Into the fold? What’s next for Instagram as founders leave, by Barbara Ortutay NTSB faults Air Canada’s pilots for last year’s near disaster, by David Koenig Bloomberg SurveyMonkey raises $180 million in U.S. initial public offering, by Alex Barinka Tech giants spend $80 billion to make sure no one […]
Coverage: The Fed is ready to raise interest rates
The Federal Reserve Board is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. Martin Crutsinger of the Associated Press had the news: But with President Donald Trump’s trade fights posing a risk to the U.S. economy, the Fed may soon be ready to slow […]
Talking Biz News Today — Sept. 25, 2018
Some of Tuesday’s top business news stories: Associated Press Why the “gig” economy may not be the workforce of the future, by Christopher Rugaber Drug prices going up despite Trump promise, by Linda A. Johnson and Nicky Forster Bloomberg Starbucks plans “significant changes” to company’s structure, by Leslie Patton Google wants to answer the questions you haven’t even […]
Coverage: Comcast outbids 21st Century Fox for Sky
Comcast has won an auction to acquire UK telecommunications company Sky, bidding $38.8 billion to overtake Rupert Murdoch’s 21st Century Fox after a lengthy bidding war this summer. Andrew Liptak of The Verge had the news: Comcast’s win paves the way for it to acquire Sky and its 23 million European subscribers and entertainment assets. Sky’s […]
