Coverage: Oil prices hit three-year high
Oil prices hit new 2018 highs — and a three-year high — as missile strikes on top crude exporter Saudi Arabia added to the market’s worries about escalating conflict between the United States and Russia in Syria. Tom DiChristopher of CNBC.com had the news: Brent, the benchmark for international oil prices, earlier climbed to its highest […]
Talking Biz News Today — April 12, 2018
Some of Thursday’s top business news stories: Associated Press Zuckerberg testimony reveals lawmaker confusion on Facebook, by Mary Clare Jalonick and Barbara Ortutay Fed in March discussed “slightly steeper” future rate hikes, by Martin Crutsinger Bloomberg Wynn’s Boston casino is rising on land tied to a mobster, by Neil Weinberg This is America’s richest zip code, by Shelly Hagan and Wei Lu Fortune […]
Coverage: Facebook’s Zuckerberg goes to Congress
Facebook CEO Mark Zuckerberg disclosed Tuesday his company is “working with” special counsel Robert Mueller in the federal probe of Russian interference in the 2016 presidential campaign and working hard to change its own operations after the harvesting of users’ private information by a Trump campaign-affiliated data-mining company. Mary Clare Jalonick and Barbara Ortutay of the AP had […]
Talking Biz News Today — April 11, 2018
Some of Wednesday’s top business news stories: Associated Press Under Trump, a voice for the American consumer goes silent, by Ken Sweet China president’s conciliatory trade gesture raises optimism, by Paul Wiseman and Joe McDonald Bloomberg Wall Street faces higher capital demands under Fed proposal, by Jesse Hamilton BofA will stop lending to makers of assault-style guns, by Laura J. Keller and Polly […]
Coverage: Merck reports positive results for cancer drug
Merck & Co. disclosed Monday that its Keytruda cancer medicine helped previously untreated lung cancer patients live longer than chemotherapy in a late-stage trial, which may solidify its position as the leading drug maker in this lucrative market. Tamara Mathias of Reuters had the story: Shares of the drugmaker were up 3.1 percent at $55.07. Merck is […]
Talking Biz News Today — April 10, 2018
Some of Tuesday’s top business news stories: Associated Press Body parts from threatened wildlife widely sold on Facebook, by Michael Biesecker and Michael Liedtke Major banking groups side with Senate in Dodd-Frank overhaul, by Kevin Freking Bloomberg Another rally crumbles on a volatile Monday, by Lu Wang and Elena Popina The great Blackstone swaps saga just became a whole lot crazier, by Sridhar Natarajan […]
Coverage: Kinder Morgan suspends pipeline work
Kinder Morgan said Sunday it is suspending all non-essential activities and related spending on its controversial Trans Mountain pipeline expansion project that would nearly triple the flow of oil from Canada’s oil sands to the Pacific Coast. Rob Gillies of The Associated Press had the story: The company said its decision is based on the British […]
Talking Biz News Today — April 9, 2018
Some of Monday’s top business news stories: Associated Press Facebook to send Cambridge Analytics data-used messages on Monday, by Barbara Ortutay UN, Singapore concerned about rising trade tensions, by Dake Kang Bloomberg Deutsche Bank leans toward replacing Cryan with Sewing, by Steven Arons and Eyk Henning Trump predicts China will be first to buckle in trade dispute, by Ros Krasny and Sho Chandra […]
Coverage: Trade deficit rises to near 10-year high
The U.S. trade deficit increased to a near 9-1/2-year high in February, with both imports and exports rising to record highs in a sign of strong domestic and global demand. Lucia Mutikani of Reuters had the news: News on Thursday of the worsening trade deficit came as the United States and China were embroiled in tit-for-tat […]
Talking Biz News Today — April 6, 2018
Some of Friday’s top business news stories: Associated Press Mulvaney gives big pay bumps to his hires at consumer agency, by Ken Sweet Target settles suit claiming its hiring practices discriminated, by Joseph Pisani Bloomberg Dollar rebound hinges on jobs report, by Ivan Levingston and Lananh Nguyen Facebook’s Sandberg reassures investors after pause by a “few,” by Sarah Frier Fortune Amazon […]
