Coverage: Japan economy unexpectedly slows
Japan’s economy grew less than forecast in the three months through June 30 as business spending contracted for a second straight quarter. Eleanor Warnock of The Wall Street Journal had the news: Japan’s economy expanded an annualized 0.2% in the April-June quarter, compared with a 0.7% expansion forecast by 20 economists surveyed by The Wall Street […]
Talking Biz News Today — Aug. 15, 2016
Some of Monday’s top business news stories: Associated Press Lululemon’s CEO sees plenty of room to grow, by Anne D’Innocenzio “Suicide Squad” loses some luster in second box office weekend, by Lindsey Bahr Bloomberg KKR said to mull bid for Entertainment One after ITV spurned, by David Heller, Kiel Porter and Manuel Baigorri Venezuela just increased […]
Coverage: Market indexes party like it’s 1999
The Dow Jones Industrial Average, the S&P 500 Index and the Nasdaq index all posted record closing highs on Thursday, the first time that’s happened since 1999, right before the Internet bubble burst. Riva Gold and Timothy Puko of The Wall Street Journal had the news: The rally was sparked by higher oil prices and earnings reports from […]
Talking Biz News Today — Aug. 12, 2016
Some of Friday’s top business news stories: Associated Press Department stores hope to recapture appeal, be destinations, by Anne D’Innocenzio Arianna Huffington signs off at The Huffington Post, by Joseph Pisani and Tali Arbel Bloomberg Delta’s pilot talks are delayed three weeks by federal mediator, by Mary Schlangenstein The eccentric billionaire who ignores investors to […]
Coverage: ComScore replaces CEO and CFO amid accounting issues
ComScore, which tracks media consumption, announced Wednesday that its chief executive officer was being replaced due to problems the California-based company found. Miriam Gottfried of The Wall Street Journal had the news: The media-measurement firm said Wednesday it was replacing Chief Executive Serge Matta with co-founder and chairman emeritus Gian Fulgoni and swapping out its chief financial officer […]
Talking Biz News Today — Aug. 11, 2016
Some of Thursday’s top business news stories: Associated Press Delta struggles through third day of computer problems, by Scott Mayerowitz Judge dismisses suit accusing Twitter of supporting IS group, by Barbara Ortutay Bloomberg Shake Shack falls after fast-food slump weighs on sales growth, by Leslie Patton Cars drive past mobile phones, tablets as wireless growth […]
Coverage: Disney buys stake in baseball streaming service
Walt Disney Co. announced Tuesday that it was spending $1 billion to buy a stake in the Major League Baseball streaming service, adding to its ESPN sports business. Ben Fritz and Shalini Ramachandran of The Wall Street Journal had the news: One year after its shares began a 12% slide driven by concerns over ESPN’s growth trajectory, Walt […]
Talking Biz News Today — Aug. 10, 2016
Some of Wednesday’s top business news stories: Associated Press Facebook hates ad blockers so much it now blocks them, by Barbara Ortutay Some Delta systems haven’t fully recovered by outage, by David Koenig Bloomberg Disney profit tops estimates as film gains overshadow TV, by Christopher Palmeri Valeant shares have record day as investors get relief, by […]
Coverage: Delta computer failure hits travelers
Delta Air Lines Inc. had a major computer failure on Monday, leading to the cancellation of hundreds of flights and stranding passengers across the country. Jeffrey Dastin of Reuters had the news: Atlanta-based Delta, the second-largest U.S. airline by passenger traffic, said it had canceled 451 flights after a power outage that began around 2:30 a.m. […]
Talking Biz News Today — Aug. 9, 2016
Some of Tuesday’s top business news stories: Associated Press Boom in live video helping some creators make a living, by Ryan Nakashima U.S., HSBC in deal over service members’ car repossessions, by Eric Tucker Bloomberg Here are the signs that American workers are gaining power and higher pay, by Luke Kawa and Julie Verhage New […]
