Coverage: Ann Sarnoff becomes first woman CEO of Warner

Warner Bros. named BBC America’s Ann Sarnoff its new chief executive officer. CNN’s Brian Stelter had the news: Ann Sarnoff is about to become the new chair and CEO of Warner Bros. — and the first female chief in the studio’s storied history. Sarnoff’s appointment was announced on Monday by John Stankey, the CEO of […]

Reuters hires WSJ’s Cotaga to cover forex and bonds

Reuters has hired Wall Street Journal reporter Olga Cotaga to cover foreign exchange trading and bonds. She has been writing daily market comments on forex and United Kingdom real estate for Dow Jones Market Talk for The Journal and the Dow Jones News Jones. She also writes features for The Journal on the same topics. […]

Talking Biz News Today — June 24, 2019

Some of Monday’s top business news stories: Associated Press 50 years later, the moon is still great for business, by Alexandra Olson States’ push to legalize sports betting differs by region, by Geoff Mulvihill Bloomberg Uniqlo Owner Considers Paying Star Employees $280,000 After 3 Years, by Lisa Du, Chikafumi Hodo Facebook Must Face Lawsuit Over […]

Coverage: Bernie Sanders to propose plan for canceling $1.6 trillion in student debt

Senator Bernie Sanders will later today propose legislation that could see $1.6 trillion in student debt erased from the board. Ryan Nobles and Gregory Krieg had the news for CNN: Sen. Bernie Sanders is set to stake out uncharted territory in the Democratic presidential primary, offering up a plan to completely eliminate the student loan […]

Coverage: Slack debuts on NYSE

Slack, the messenger/CMS company, gained a market value of over $19 billion in its first day of trading. The BBC had the news: Shares in messaging app Slack surged 49% as the company became the latest tech start-up to join the stock market. Slack set a guide price of $26 a share, but rose 60% […]

Talking Biz News Today — June 21, 2019

Some of Friday’s top business news stories: Associated Press Walmart to pay $282 million over foreign corruption charges, by Matthew Barakat Storms bring tornadoes, floods, power outages across the US, by Jeff Martin, Jay Reeves Bloomberg King Dollar’s Reign May Be Ending as Fed Debates a U-Turn, by Ruth Carson, Chikako Mogi Tesla Bull Jefferies […]

Talking Biz News Today — June 20, 2019

Some of Thursday’s top business news stories: Associated Press Waymo teams up with Renault, Nissan on robotaxis outside US, by Michael Liedtke 1 in 6 ER visits or hospital stays triggers ‘surprise’ bill, by Ricardo Alonso-Zaldivar Bloomberg Banks to Fight Over $18 Trillion Held By the Poorest of the Rich, by Patrick Winters Women Are […]

Coverage: Walmart to launch self-driving vans to lower shipping costs

Walmart will start testing an autonomous driving program that could halve its middle-mile shipping costs. Bloomberg’s Keith Naughton and Matthew Boyle had the news: Walmart Inc. came to dominate retailing through its mastery of logistics—the complicated choreography of getting goods from farm or factory to the consumer. But even the world’s biggest store doesn’t make […]

Talking Biz News Today — June 19, 2019

Some of Wednesday’s top business news stories: Associated Press New England newspaper owner fights to save local journalism, by Alexandra Olson Boeing signs first deal for 737 Max jet since deadly crashes, by Angela Charlton Bloomberg Apple Wants Suppliers to Explore Major Shift From China: Nikkei, by Debby Wu Trump Moves From Trade War to […]

Coverage: PG&E agrees to $1-billion settlement in wildfire case

PG&E has agreed to pay compensation of $1 billion to several local governments in California for devastating wildfires caused by the utility’s distribution lines. Jim Christie had the news for Reuters: PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires […]