Tag Archives: France

Financial Daily Dose 7.13.2020 | Top Story: OPEC Weighs Expanded Oil Production Just Months After Agreeing on Cuts

BY: Michael D. Reif | July 13, 2020

OPEC and its oil-producing allies (in Russia and elsewhere) are reportedly working on a plan to ease cuts on oil production they agreed upon in April “amid signs that demand is returning to normal levels following coronavirus-related lockdowns” and internal pressure from the Saudis – WSJ and Bloomberg and NYTimes Disney World’s back open, even … Continue reading

Financial Daily Dose 6.10.2020 | Top Story: Fed Expected to Stay the Course Despite Jump in May Jobs

BY: Michael D. Reif | June 10, 2020

The Fed is expected to hold rates steady as its June Open Market Committee meeting wraps today. Analysts expect that the better-than-expected May jobs numbers won’t be nearly enough for the central bank to suggest it is close to “exiting from emergency policies to keep credit flowing as it monitors what officials have warned will … Continue reading

Financial Daily Dose 3.5.2020 | Top Story: HP Rejects Xerox’s Hostile Takeover Bid

BY: Michael D. Reif | March 5, 2020

HP has officially rejected Xerox’s enhanced takeover bid, again calling the offer “too low” and decrying its “disproportionate[] benefit” for Xerox shareholders – WSJ and Bloomberg and MarketWatch A new House of Representatives report reveals that in 2018, a top-ranking CFPB official “privately offered reassurances” to interim Wells Fargo CEO C. Allen Parker that there … Continue reading

Financial Daily Dose 1.22.2020 | Top Story: Boeing Again Delays Return of 737Max to the Skies

BY: Michael D. Reif | January 22, 2020

Boeing has again pushed back the return of its flawed 737Max model, revealing yesterday that it doesn’t expect regulators to sign-off on their return to the air until at least summer – NYTimes and WSJ and Bloomberg and MarketWatch Brazilian prosecutors have charged former Vale SA CEO Fabio Schvartsman and ten others with homicide “in … Continue reading

Financial Daily Dose 1.16.2020 | Top Story: US and China Make Phase One Official While Trade Questions Linger

BY: Michael D. Reif | January 16, 2020

Well, Phase One is official, thanks to a White House signing yesterday that included Chinese Vice Premier Liu He. With that act comes our first substantive look at the deal that’s been thus-far shrouded in secrecy. Some highlights: commitments from China to purchase “an additional $200 billion worth of American goods and services by 2021,” … Continue reading

Financial Daily Dose 1.8.2020 | Top Story: Speaker Company Sonos Sues Google for Patent Infringement

BY: Michael D. Reif | January 8, 2020

Home speaker maker Sonos has sued Google, accusing the company of “infringing on five of its patents, including technology that lets wireless speakers connect and synchronize with one another.” Sonos had originally partnered with Google in 2013 on a music service that would work easily with Sonos’ speakers (back when Google was merely “an internet … Continue reading

Financial Daily Dose 12.03.2019 | Top Story: US Threatens Tariffs on French Goods Over New Digital Services Tax

BY: Michael D. Reif | December 3, 2019

Because who wants a nice quiet December, right? Yesterday, the U.S. opened yet another trade war front by proposing retaliatory tariffs of up to 100% on a wide range of French imports after announcing that “it found France’s newly enacted digital service tax to discriminate against U.S. companies.” The proposed levies wouldn’t take effect until … Continue reading

Financial Daily Dose 7.17.2019 | Top Story: EU Antitrust Regulators Probing Amazon Third-Party Seller Data Collection

BY: Michael D. Reif | July 17, 2019

EU regulators announced today that they’ve been conducting an investigation into Amazon and “how it collects and uses data from third-party sellers who appear on the retailing giant’s website” with an eye to potential antitrust violations. Amazon requires the sellers to share certain information with it, and the probe will center on “how Amazon uses … Continue reading

Financial Daily Dose 7.12.2019 | Top Story: Amazon to Spend $700M Retraining 100,000 Workers

BY: Michael D. Reif | July 12, 2019

Amazon announced this week that it will spend $700 million to retrain a third of its US workforce to adapt to the increasing amount of robotic and automation technology in its warehouses.  The 6-year effort will eventually impact roughly 100,000 employees – NYTimes and WSJ and Bloomberg Also, in decidedly non-warehouse-related Amazon news, Alexa’s getting … Continue reading