Talking Biz News Today — Feb. 14, 2019

Some of Thursday’s top business news stories: Associated Press Ex-Apple lawyer accused of profiting from confidential info, by Michael Liedtke Google to invest $13 billion in new offices, data centers, by Rachel Lerman Bloomberg Goldman considered buying a boutique firm in mid-market push, by Sridhar Natarajan and Kiel Porter Facebook’s future is private groups, for better or worse, by Selina Wang […]

Coverage: Publishers chafe at cut from Apple’s new service

Apple’s upcoming Spotify-style magazine subscription service, an offering with all-you-can eat access to dozens of publishers, will only pay the media partners 50 percent of the revenue. Garett Sloane of Ad Age had the news: Apple plans to take half of the proceeds from $10 monthly subscriptions to the magazine service, leaving publishers to split the […]

Talking Biz News Today — Feb. 13, 2019

Some of Wednesday’s top business news stories: Associated Press NY Fed: Auto loan delinquencies at highest point since 2010, by Tom Krisher A political “bomb” over drug prices could threaten NAFTA 2.0, by Paul Wiseman Bloomberg Before Bezos fight, Enquirer parent AMI faced steep losses, by Shahien Nasiripour What it’s like to work inside Apple’s “Black Site,” by Joshua […]

Coverage: Reddit gets investment that values company at $3 billion

Reddit Inc., the discussion forum known for its “ask me anything” online town halls with celebrities and politicians, was valued at $3 billion after a new financing round that brought in Chinese internet giant Tencent HoldingsLtd. as an investor. Yoree Koh and Shan Li of The Wall Street Journal had the story: Reddit raised $300 million in the latest fundraising […]

Talking Biz News Today — Feb. 12, 2019

Some of Tuesday’s top business news stories: Associated Press What the FDA’s actions mean for dietary supplements, by Candice Choi US stock indexes end mixed ahead of US-China trade talks, by Damian J. Troise and Alex Veiga Bloomberg National Enquirer publisher denies having ties to Saudi Arabia, by Gerry Smith The incredible shrinking Singapore stock market, by Livia Yap and Tom Redmond Fortune […]

Coverage: What’s next for Sears under Lampert?

Former Sears CEO and hedge fund billionaire Eddie Lampert got his wish as a bankruptcy judge approved his $5.2 billion plan to save 425 stores and 45,000 jobs, keeping the iconic retailer alive, but many are still questioning if that will actually happen. Jade Scipioni of FoxBusiness.com had the story: Ray Wimer, assistant professor of retailer practice at Syracuse […]

Talking Biz News Today — Feb. 11, 2019

Some of Monday’s top business news stories: Associated Press Tabloid CEO’s lawyer denies Examiner tried to extort Bezos, by Michael Balsamo US refiner Citgo emerges as key to Venezuela’s power battle, by Alexandra Olson Bloomberg Does Jay Powell have the stock market’s back? by Michael P. Regan Huawei sting offers rare glimpse of U.S. targeting a Chinese giant, […]

Talking Biz News Today — Feb. 8, 2019

Some of Friday’s top business news stories: Associated Press Bezos says Enquirer threatened to publish revealing pics, by Michael Balsamo US stock indexes drop as economic, earnings warnings rise, by Alex Veiga Bloomberg Student’s funds seized after paying $500,000 rent for penthouse, by Chris Elser Where tech giants are getting slapped over policy, by Stephanie Bodoni Fortune Why you […]

Coverage: Spotify is buying two podcasting companies

Spotify Technology SA is buying a pair of podcasting companies, accelerating its investment in non-music content as it seeks to broaden its appeal and snap up share of listening time from radio. Anne Steele of The Wall Street Journal had the news: The company, which is already the second-largest podcasting platform, said it would buy podcast publisher Anchor […]

Talking Biz News Today — Feb. 7, 2019

Some of Thursday’s top business news stories: Associated Press Video game companies lead modest slide in US stocks, by Damian J. Troise and Alex Veiga Some workers still unpaid after shutdown, dread what’s next, by Michelle R. Smith Bloomberg PG&E contains gas leak that caused San Francisco explosion, by David R. Baker and Will Wade Beer tax cut wins bipartisan support, by Laura […]