Talking Biz News Today — July 2, 2018
Some of Monday’s top business news stories: Associated Press Trump delaying NAFTA deal until after midterm elections, by Ken Thomas Canada tariffs on U.S. goods from ketchup to lawn mowers begin, by Paul Wiseman and Tracey Lindeman Bloomberg Tesla final hits Model 3 target, turns effort to sustainability, by Dana Hull and Josh Eidelson Recruiting smoking’s new suckers just got harder, by David […]
Coverage: Amazon is buying PillPack for $1 billion
Amazon.com Inc. said on Thursday it would buy small online pharmacy PillPack, a move that will put the world’s biggest online retailer in direct competition with drugstore chains, drug distributors and pharmacy benefit managers. Ankur Banerjee and Bill Berkrot of Reuters had the news: The deal’s potential to disrupt major players across the drug supply chain nationwide prompted […]
Talking Biz News Today — June 29, 2018
Some of Friday’s top business news stories: Associated Press Faster delivery of everything is the next big thing, by Anne D’Innocenzio and David Koenig Trump choice to head IRS says he’ll work for all taxpayers, by Marcy Gordon Bloomberg Deutsche Bank’s U.S. unit fails stress test as controls cited, by Laura J. Keller and Yalman Onaran Bridgewater to give employees more control as […]
Coverage: Apple and Samsung are ending their patent fight
Apple and Samsung have finally put an end to their long-running patent battle whose central question was whether Samsung copied the iPhone. Jacob Kastrenakes of The Verge had the news: The patent battle started in 2011 and initially resulted in a $1 billion ruling in Apple’s favor. But it didn’t end there. A series of appeals pushed the dispute to the […]
Talking Biz News Today — June 28, 2018
Some of Thursday’s top business news stories: Associated Press Jury: Dr. Dre’s Beats headphones owes ex-partner $25 million, by Andrew Dalton Top court: Unions can’t force government workers to pay fees, by Mark Sherman Bloomberg Facebook payout for Oculus stolen tech cut to $250 million, by Tom Korosec Musk says “rude awakening” awaits bearish Goldman Sachs analyst, by Dana […]
Coverage: GE is spinning off its health care business
General Electric Co. announced plans on Tuesday to spin off its health-care unit and separate its stake in oil services company Baker Hughes over the next two to three years so that it can focus its operations on the aviation, power and renewable energy businesses. Tae Kim of CNBC.com had the news: GE said it will […]
Talking Biz News Today — June 27, 2018
Some of Wednesday’s top business news stories: Associated Press Do you really know what your kid’s doing on that device? by Martha Irvine Enemy turned ally: Poliovirus is used to fight brain tumors, by Marilynn Marchione Bloomberg Intel’s interim CEO tells staff he doesn’t want the job, by Ian King Bank stocks are on their longest losing streak […]
Coverage: Gray Television buying Raycom for $3.6 billion
Atlanta-based TV station owner Gray Television has a $3.6 billion deal to buy Raycom Media, creating a station group with a wide footprint in the Midwest and South. Cynthia Littleton of Variety had the news: The deal marks the latest example of consolidation in traditional TV. The union of Gray and Montgomery, Ala.-based Raycom will bring 142 TV stations […]
Talking Biz News Today — June 26, 2018
Some of Tuesday’s top business news stories: Associated Press Harley, stung by tariffs, shifts some production overseas, by Ivan Moreno Stocks skid as tariff worries pull technology stocks lower, by Marley Jay Bloomberg Andreessen Horowitz taps first female general partner for crypto, by Julie Verhage Walgreens beefs up pharmacist training after women denied drug, by Robert Langreth and Aziza Kasumov Fortune […]
Coverage: OPEC, other countries agree to raise oil output
OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. Ahmad Ghaddar, Alex Lawler and Vladimir Soldatkin of Reuters had the story: The Organization of the Petroleum Exporting Countries had announced an OPEC-only production agreement on Friday, also without […]
