Liz Hester
Liz Hester is a former vice president of internal communications at JP Morgan Chase. Before that, Hester was a reporter on the finance team at Bloomberg News, where she covered Wall Street banks and initial public offerings, among other beats. She has a bachelor’s degree from Wake Forest University and a master’s degree from Northwestern University. Hester will be the primary writer for Talking Biz 2.
- New home prices are up
Seems like the housing market has shaken off the last of the crisis. Bloomberg reports that new home sales are at the second-highest level since 2008 and demand is growing. Here’s the story: Sales of new U.S. homes climbed in April to the second-highest level in almost five years as lower borrowing costs and job
- Covering Bernanke at Congress
Federal Reserve Board Chairman Ben Bernanke appeared before a Congressional hearing on Wednesday and the headlines he made were decidedly different across the various national media covering his remarks. First, the Wall Street Journal story, which ran with the headline “Bernanke: Bond Buys Could Slow at ‘Next Few Meetings’” and focused on the Fed’s ending
- Apple and those pesky tax laws
Apple CEO Tim Cook was in the spotlight Tuesday while being grilled by a Senate committee on Apple’s payment (or lack thereof) of taxes. The company is accused of using overseas accounts to hold cash, making it exempt from U.S. taxes, something the executive strongly denied. From the Wall Street Journal: Mr. Cook’s appearance on Capitol
- Companies review health plans
The Wall Street Journal had an interesting and important piece on how employers, especially those with lower-earning workforces, are looking to provide coverage in order to comply with the Affordable Care Act. Here are some of the details of what companies are considering: Employers are increasingly recognizing they may be able to avoid certain penalties
- Spending $1.1 billion to save Yahoo
Yahoo Inc. is going to spend $1.1 billion in cash to purchase blogging site Tumblr, which has yet to make money. It’s a bold move, especially for the closely watched CEO Marissa Mayer. Here are a few of the details and rational for the deal from the Wall Street Journal story: Tumblr, founded in 2007,
