Week in Review: Canada’s Recession, Global Economy Slowdown, Uber Hit by Big Lawsuit, Low-Income Pay Slides
By Peter Ward September 4, 2015
Canada officially slipped into recession in the second quarter; California Uber drivers got class action for their lawsuit; IMF warns of global slowdown; low-income pay has suffered even in the recovery.
Week in Review: Fund Valuation Fracas, Tech Startup Fears, Warner Bros. Eyes China, China’s Fake Goldman Sachs
By Peter Ward August 28, 2015
A computer glitch at BNY Mellon this week upset valuations of billions of dollars of mutual fund assets; as global markets falter, some fear private tech startup giants may be due for a correction of their own; Despite weakness in China’s economy, its movie business is booming.
Week in Review: Interest Rate Hike on Hold? Oil Tumbles, Walmart Disappoints, Airbus Inks Record Deal
By Peter Ward August 21, 2015
The Federal Reserve this week suggested September might be too soon for a rate hike; Oil prices slid to new lows; Walmart turned in weak earnings due to investments in customer service; Airbus sold a lot of airplanes.
Week in Review: Google Makeover, China Devalues, Greece Grows, Berkshire Hathaway Inks Historic Deal
By Peter Ward August 14, 2015
Google created a new parent company Alphabet; China yuan fell 4.4%, its largest drop in two decades; Greece grew in the 2nd quarter, shocking everyone; Berkshire Hathaway just made its biggest purchase ever.
Week in Review: Libor Rigger Gets Jail, Puerto Rico Defaults, ESPN Trips Up Disney, New CEO Pay Rules
By Peter Ward August 7, 2015
A former trader at UBS was the first to stand trial in the Libor rigging case; Puerto Rico calls for debt restructuring; Disney shares slide on ESPN worries; SEC issues new rules requiring public companies to disclose CEO-employee pay ratios.
Week in Review: Rate Hike on Horizon, China Topsy Turvy Again, Twitter Bashes Itself, Goldman Hearts Tech
By Peter Ward July 31, 2015
Fed officials hinted that a rate hike may come as soon as September; after a reprieve, China’s stock market hit more turbulence this week; Twitter stock tanked after CEO’s frank comments.
Week in Review: Nikkei Nabs Financial Times, Lockheed Buys Sikorski, McDonald’s Slump, Imploding China Interactive
By Peter Ward July 24, 2015
Japanese media company buys The Financial Times Group; Lockheed Martin purchases the maker of Black Hawk helicopters; McDonald’s can’t stem sales slump; Is China’s trouble more like the Great Depression or Japan’s 1989 crash?
Week in Review: Grexit Averted, Iran Nuclear Sanctions Lifted, Amazon Turns 20, 50 Cent Bankruptcy
By Peter Ward July 17, 2015
Greece agreed to an aggressive bailout deal; Iran agreed to suspend its nuclear program; Amazon celebrated its 20th anniversary; Rapper 50 Cent filed for Chapter 11.
Week In Review: Greece Defaults, Puerto Rico’s Debt Woes Mount, Export-Import Bank Expires, Ace Buys Chubb
By Jackie Faye July 3, 2015
Greece defaults on its IMF loans; Puerto Rico says its debt is not repayable; Fallout continues for Donald Trump; Ace-Chubb hookup is biggest insurance deal ever.
Week In Review: Obamacare Wins, Retailers Drop Confederate Flag, Down to the Wire in Greek Bailout, Ikea Raises Wages
By Jackie Faye June 26, 2015
Obamacare is upheld in the Supreme Court for the second time in three years; Retailing giants withdraw products featuring Confederate flag; Ikea raises minimum wage; Greek bailout talks down to the wire ahead of June 30 deadline; WSJ maps CEO pay and shareholder value.
Week in Review: Airbag Recall, Banks’ Currency Scheme, YouTube Kids Controversy, L.A. Hikes Min. Wage
By Alexis Fitts May 22, 2015
Takata issues massive recall of defective airbags; Los Angeles raises its minimum wage to $15; YouTube Kids faces FTC claims; banks plead guilty to felony criminal charges of manipulating foreign exchange markets.
Week in Review: Crumbling American Rail, Verizon Buys AOL, Facebook Goes for $15, WalMart Guzzles California’s Water
By Alexis Fitts May 15, 2015
Facebook raises minimum wages to $15; Wal-Mart sources bottled water from drought-stricken Sacramento; Verizon buys AOL for $4.4 billion; Texas ice cream maker Blue Bell struggles following bacterial outbreak.
Week in Review: Fast-Track Drugs, Tesla’s Blockbuster Battery, Whole Foods for Millennials, Shameful Nail Salons
By Alexis Fitts May 8, 2015
Johnson & Johnson will fast-track unapproved drugs for the dying; Alibaba hires a new CEO from the inside; Whole Foods is creating a line of stores for younger shoppers; Tesla’s new solar batteries take off; Working conditions at New York City’s nail salons are abysmal.
Week in Review: U.S. Economy Stalls, ‘Secret’ Shuttered, Slow Oil Profits, Priced out of Parenthood
By Alexis Fitts May 1, 2015
U.S. GDP slows in the first quarter; ‘Secret’ Chat App fails to take off despite big investments; Oil profits stagnate on falling prices; Parenthood is now pricier than real estate; Ferguson demographics mapped.
Week in Review: Facebook’s Growing Pains, Cybersecurity Bill, California on Equal Pay, Education Payout
By Alexis Fitts April 24, 2015
Facebook falls short on profit; Google’s newest venture is wireless; the U.S. House takes on cybersecurity; California attempts to close wage gap for women; pay levels are plunging for less educated workers.
Week in Review: Google’s Antitrust Trouble, Etsy’s Crafty IPO, “Fight for $15,” A New Magic Kingdom
By Alexis Fitts April 17, 2015
Google faces antitrust allegations in Europe; Etsy’s craftiness was valued at $3.5 billion in IPO; the “Fight for $15” minimum wage protest hit 230 cities; Goldman Sachs’ earnings wowed; ushering in a new Magic Kingdom.
Week in Review: YouTube takes on Netflix, Shell Acquires BG Group, Greece Pays Up, Mapping California’s Water
By Alexis Fitts April 10, 2015
YouTube is planning to launch a video subscription service; Greece made a $450 million euro loan repayment; Royal Dutch Shell bought BG Group for $70 billion, the biggest energy merger in a decade; the New York Times maps where California’s water goes.
Week In Review: McDonald’s Wage Hike, WalMart Backs Gay Rights, Pao Loses to Silicon Valley, Weak March for Jobs
By Jackie Faye April 3, 2015
McDonald’s the latest to hike minimum pay; WalMart defends LGBT rights in Arkansas; Ellen Pao loses to Silicon Valley; jobs data shows weakness in March.
Week in Review: Facebook’s New Offerings, Kraft + Heinz, China Buying Italy, New York’s Grossest Groceries
By Alex Plough March 27, 2015
Facebook this week announced a series of new features; Private equity firm 3G backed a merger of Kraft and Heinz; China National Chemical bought Italy’s Pirelli tire maker; journalists investigate the freshness of New York produce.
Week in Review: Eyeing Rate Hikes, China Rival to World Bank, Frankfurt Protests Violent, Apple TV Launch
By Alex Plough March 20, 2015
US Federal Reserve slowly losing its patience; China launches development bank to rival IMF and World Bank; Anti-austerity protests in Frankfurt turn injure police and protestors; Apple launches TV streaming service; Bloomberg tracks NCAA college basketball picks and money trails.
Week in Review: Stress Test Failures, IMF Props Up Ukraine, Apple Watch Launches, Australia’s Jails Inc.
By Alex Plough March 13, 2015
Two European banks fail the stress test; IMF drops Ukraine a life line; Apple Watch inspires admiration, fear and trembling; Australia profits from imprisoning asylum seekers.
Week in Review: Silicon Valley Harassment on Trial, Citigroup Exits Subprime, Alibaba Uncut, Corporate Tax Avoiders
By Alex Plough March 6, 2015
Silicon Valley gender discrimination on trial; Citigroup sells its subprime business OneMain Finacial; Damaging disclosures hurt Alibaba stock; Data interactive on corporate tax avoiders shows cost to the U.S.
Week in Review: Walmart Wage Hike, Google’s Mobile Wallet, Cuba-Us Biz, Social Mobility Interactive
By Alex Plough February 27, 2015
Walmart will raise it’s minimum wage to $10 an hour by next February; Google is rolling out a mobile wallet to compete with Apple Pay; businesses are preparing to take advantage of thawing relations between Cuba and the U.S.
Week in Review: Grexit Menace, More HSBC Dirt, Oscar Math, Apple’s Electric Minivan?
By Alex Plough February 20, 2015
Negotiations between Greece and the Eurozone collapse; Swiss authorities raid HSBC’s Geneva headquarters as scandal grows; More fodder for Apple electric car rumor mill; calling the Oscars.