Talking Biz News Today — May 23, 2019
Some of Thursday’s top business news stories: Associated Press US stocks fall on mixed earnings, trade tensions, by Damian J. Troise and Alex Veiga Retailers, shoppers could feel more pain if tariffs spread, by Anne D’Innocenzio Bloomberg Fed pushes back against rate cuts that markets continue to seek, by Craig Torres Tesla’s woes make it a “restructuring story,” Morgan […]
Coverage: Urban Outfitters will start renting clothes
Urban Outfitters Inc. is jumping into clothing rental, trying to tap one of the fastest-growing areas of fashion without discouraging shoppers from visiting its stores. Khadeeja Safdar of The Wall Street Journal had the news: The company, which owns the namesake chain along with Free People and Anthropologie stores, is set to launch this summer an […]
Talking Biz News Today — May 22, 2019
Some of Wednesday’s top business news stories: Associated Press U.S. home sales fell 0.4% in April amid limited supply, by Josh Boak Department store woes reflected in latest batch of results, by Anne D’Innocenzio Bloomberg A blood test can predict dementia. Trouble is, there’s no cure, by Kanoko Matsuyama Blue states warned of a SALT apocalypse. It hasn’t […]
Talking Biz News Today — May 21, 2019
Some of Tuesday’s top business news stories: Associated Press Report: More companies in China handing over technology, by Joe McDonald Seeing a twisted road ahead, Ford cuts 7k white-collar jobs, by Tom Krisher Bloomberg DOJ leans against approving T-Mobile’s takeover of Sprint, by David McLaughlin Nike, Adidas call tariffs “catastrophic” in open letter to Trump, by Eben Novy-Williams […]
Coverage: Dressbarn is closing all 650 stores
Dressbarn announced Monday “plans to commence a wind-down of its retail operations, including the eventual closure of its approximately 650 stores.” Kelly Tyko of USA Today had the news: All Dressbarn stores are open along with the website, the statement said. There are no current changes to Dressbarn’s return, refund, or gift card policies. “During the […]
Talking Biz News Today — May 20, 2019
Some of Monday’s top business news stories: Associated Press Tribes, environmentalists battle copper mine in Arizona, by Anita Snow China’s ban on scrap metal a boon to U.S. recycling plants, by Mary Esch Bloomberg Switzerland votes “yes” to being tax home for big business, by Catherine Bosley As suicide rises, health insurers find ways to deny mental coverage, […]
WSJ seeks economics news editor in DC
The Wall Street Journal is seeking an editor to run core U.S. economic news, from the first flashes for newswires from federal data lockups to ambitious news and analysis on key trends driving the national economy. The editor will be well-organized, capable of running a complicated schedule of must-deliver economic data and also have the […]
Coverage: Pinterest falls 17% after first post-IPO earnings
Shares of Pinterest Inc. plunged in extended trading after the company posted a wider-than-expected loss in its first quarterly report following its public-market debut. Aisha Al-Muslim of The Wall Street Journal had the news: The drop makes Pinterest the latest technology company to encounter difficulty not long after a much-anticipated public offering. Pinterest shares were […]
Talking Biz News Today — May 17, 2019
Some of Friday’s top business news stories: Associated Press Countertops and rubber bands: US pursues obscure trade cases, by Paul Wiseman US economic sanctions on Huawei could backfire, by Frank Bajak Bloomberg Trump’s business earnings fall as revenue at Mar-A-Largo declines, by Shahien Nasiripour and Bill Allison Factories making a U.S. heart drug are plagued […]
Coverage: California concludes that PG&E caused huge fire
California investigators found that PG&E Corp.’s equipment sparked the deadliest wildfire in state history, putting additional pressure on a company already facing billions of dollars in fire-related liability costs. Katherine Blunt of The Wall Street Journal had the news: The California Department of Forestry and Fire Protection said on Wednesday it had determined that a PG&E […]
