Talking Biz News Today — May 16, 2016
Some of Monday’s top business news stories: Associated Press Will robot cars drive traffic congestion off a cliff? by Joan Lowy Vermont to require drug makers to explain price increases, by Dave Gram Bloomberg China’s virtual reality market will be $8.5 billion, and everybody wants a piece, by Lulu Yilun Chen Sandberg speech on resilience may […]
Coverage: Facebook’s news feed is questioned
The objectivity of Facebook’s news feed has come under question as it’s been reported that employees steered it away from conservative news stories, forcing the social media company into damage control. Mae Anderson of the Associated Press had the news: The social media giant on Thursday pulled back the curtain on how its Trending Topics feature […]
Talking Biz News Today — May 13, 2016
Some of Friday’s top business news stories: Associated Press Middle class shrinks in 9 of 10 U.S. cities as income falls, by Christopher S. Rugaber Nordstrom shares tumble on slashed annual outlook, weak 1Q, by Anne D’Innocenzio Bloomberg Bayer exploring bid for $40 billion for Monsanto, by Ruth David, Aaron Kirchfield and Dinesh Nair JBS calls […]
Coverage: Macy’s earnings and the retail malaise
New York-based retailer Macy’s reported earnings Wednesday that beat expectations, but its sales were down 7 percent, and that caused tremors throughout the retail industry. Fred Imbert of CNBC.com had the news: The retail giant posted first-quarter adjusted earnings per share of 40 cents, compared to 56 cents a share in the year-earlier period. Revenue for […]
Talking Biz News Today — May 12, 2016
Some of Thursday’s top business news stories: Associated Press Retailers lead a broad decline in stocks as Macy’s plunges, by Marley Jay How much for that tequila shot? The price is always changing, by Joseph Pisani Bloomberg Google will ban ads for payday loans, by Jack Clark and Zeke Faux Denied breaks, U.S. poultry workers […]
Talking Biz News Today — May 11, 2016
Some of Wednesday’s top business news stories: Associated Press Disney’s movie business is again playing a starring role, by Ryan Nakashima Former broker who had affair with client challenges firing, by Tamara Lush Bloomberg Bezos’s fortune jumps to $61 billion after Amazon shares surge, by Tom Metcalf Big oil unexpectedly backs newest non-fossil fuels, by Joe […]
Coverage: Sumner Redstone competency suit throw out of court
After six months of legal jabs, a California judge dismissed a case challenging media giant media mogul Sumner Redstone’s mental competency. And while this decision was an obvious victory for Redstone and his family, the drama is just beginning with his former girlfriend filing yet another lawsuit against Redstone’s daughter and his professional career now coming under […]
Talking Biz News Today — May 10, 2016
Some of Tuesday’s top business news stories: Atlanta Business Chronicle Braves’ revenue falls, loss worsens in first quarter, by Mark Meltzer Georgia tax collections post modest increase in April, by Dave Williams Boston Business Journal California tech firm sues EMC over trademark, by Sara Castellanos As Shire-Baxalta merger nears, lots of unanswered questions, by Don Seiffert Silicon […]
Coverage: “Captain America: Civil War” easily dominates the box office
Disney has yet another hit of its hand with Captain America: Civil War dominating box offices during its opening weekend. The film is estimated to has raked in $181.8 million, according to industry tracker comScore. Patrick Ryan of USA Today covered the movie’s success: It was hardly a box-office battle for Teams Cap and Iron Man. Captain America: […]
Talking Biz News Today — May 9, 2016
Some of Monday’s top business news stories: Wall Street Journal Disney could face costly search for successor, by Joann Lublin and Ben Fritz Oracle and Google head back to court, by Jack Nicas Bloomberg Dollar jump catches traders short, by Tyler Hall, Netty Idayu Ismail and Anchalee Worrachate Alberta fires spread toward oil-sands area as rain […]
