Let's talk about business | Phuks!

4

China orders 5 million kilos of Kenyan Black Tea and the deal is expected to increase to more than 30 million kilograms annually (worldteanews.com)

posted by pembo210

6

Airbnb Inc is set to hire Morgan Stanley and Goldman Sachs Group Inc as joint lead advisers on its planned stock market flotation next year (www.reuters.com)

posted by pembo210

9

More than two dozen major companies ranging from Campbell’s Soup to Kia sued the nation’s four biggest railway companies, contending they had a price-fixing scheme (www.apnews.com)

posted by pembo210

7

United Auto Workers’ strike could cost GM $1 billion+ (www.apnews.com)

posted by pembo210

6

Johnson & Johnson settles with 2 Ohio counties ($20M), becoming the latest company to settle a lawsuit to get out of the first federal trial over the nation’s opioids crisis (www.apnews.com)

posted by pembo210

4

Mylan to pay $30M SEC fine related to EpiPen overcharge probe (www.reuters.com)

posted by pembo210

5

Fiat Chrysler to pay $40M fine for overstating sales numbers (www.apnews.com)

posted by pembo210

3

Wealthy investors wake up to climate change as ‘single greatest threat to the world;’ (www.forbes.com)

posted by smallpond

4

The incredible belief that corporate ownership does not influence media content (fair.org)

posted by smallpond

5

Thomas Cook collapses as last-ditch rescue talks fail (www.bbc.co.uk)

posted by [Deleted]

6

Apple says the European Union’s order for Apple to pay 13 billion euros in back taxes “defies reality and common sense” (www.reuters.com)

posted by pembo210

4

Toyota invests $391 million in its Texas truck assembly plant (www.reuters.com)

posted by pembo210

3

Nissan is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion (www.reuters.com)

posted by pembo210

3

Apple awarded $250 million to Corning Inc.’s continued work to develop glass for iPhones and other devices (apnews.com)

posted by pembo210

4

OxyContin maker Purdue Pharma files for bankruptcy protection (www.reuters.com)

posted by [Deleted]

4

Square grants $100,000 for open development to Bitcoin payment processor BTCPay (thecoinrise.com)

posted by pembo210

6

UAW says its 49K members at GM plants will go on strike (www.apnews.com)

posted by [Deleted]

5

Idle mines portend dark days for top US coal region (www.apnews.com)

posted by [Deleted]

4

PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California (www.reuters.com)

posted by pembo210

4

Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac, becoming the first of 16 financial services companies to settle litigation by investors (www.reuters.com)

posted by pembo210

5

Mexico’s Pemex said it has launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023 in effort to shore up the state oil firm (www.reuters.com)

posted by pembo210

5

Walmart is rolling out a grocery delivery subscription service this fall as it races to gain an advantage in the competitive fresh food business (www.apnews.com)

posted by pembo210

6

GE begins divestment of Baker Hughes oil and gas company with sale of $2.7 billion in shares (www.reuters.com)

posted by pembo210

5

Daimler enlists computer game designers to create games that encourage efficient driving (www.reuters.com)

posted by pembo210

5

Germany to spend 650 million euros over the next two years into IBM quantum computing alliance (www.reuters.com)

posted by pembo210

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