Tag Archives: Ebay

Financial Daily Dose 6.25.2020 | Top Story: Bayer Inks $10 Billion+ Deal to Settle Roundup Cancer Claims

BY: Michael D. Reif | June 25, 2020

Bayer, the German parent company of Monsanto, will pay more than $10 billion to resolve “tens of thousands of claims in the United States that its popular weedkiller Roundup causes cancer.” The settlement covers an estimated 95,000 cases and includes some $1.25 billion “to deal with future claims from people who used Roundup and may … Continue reading

Financial Daily Dose 6.16.2020 | Top Story: Supreme Court Issues Landmark Decision Protecting LGBTQ and Transgender Workers

BY: Michael D. Reif | June 16, 2020

On Monday, the Supreme Court delivered a surprising and monumental win for LGBTQ and transgender Americans, ruling 6-3 that the Civil Rights Act of 1964 applies to protect “gay and transgender workers from workplace discrimination.” The “vastly consequential” decision extended workplace protections to the millions of workers in states where, until yesterday morning, “it was … Continue reading

Financial Daily Dose 3.11.2020 | Top Story: US Markets Officially Hit Bear Territory as COVID-19 Fallout Continues

BY: Michael D. Reif | March 12, 2020

Go ahead and put Tuesday, March 11th in the history books. The same day the WHO declared the COVID-19 outbreak as an official pandemic, the US stock market’s 11-year bull run officially came to an end, with the Dow closing 20% below its high from just a month ago. The S&P 500 was right on … Continue reading

Financial Daily Dose 2.5.2020 | Top Story: Amazon Joins Trillion-Dollar Market Cap Club

BY: Michael D. Reif | February 5, 2020

Amazon closed out the trading day yesterday as an official member of the $1 trillion club for the first time. Because Jeff really needed a win, folks. The company joins Microsoft, Alphabet, and Apple in that rarified “four-comma club” – Bloomberg and MarketWatch NYSE owner Intercontinental Exchange has submitted a takeover offer for eBay Inc. … Continue reading

Financial Daily Dose 9.26.2019 | Top Story: Juul Labs and EBay join WeWork in Replacing CEOs This Week

BY: Michael D. Reif | September 26, 2019

This week’s CEO exodus continues, with Juul Labs CEO Kevin Burns taking a hike in the midst of “public and regulatory outrage over the soaring use of teenage vaping.” Altria exec KC Crosthwaite will replace Burns. Altria, the “major tobacco company that owns a 35 percent stake in Juul,” revealed on this week that it … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 27, 2019

The DC Circuit Court of Appeals dealt the DOJ a blow yesterday with a ruling that “rejected the government’s claim that a lower court had applied antitrust laws incorrectly in allowing the merger” between AT&T and Time Warner to proceed. The Justice Department announced that it wouldn’t seek another appeal of the $85.4 billion deal … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 23, 2019

The European Union has fined Mastercard $650 million for “breaching antitrust rules by raising payment-processing fees artificially, leading to higher prices for retailers and consumers” alike. The penalty came after a 6-year investigation by the EU’s antitrust watchdogs – NYTimes and Law360 The Journal has uncovered a push by employers to artificially inflate their Glassdoor … Continue reading