Tag Archives: Ghosn

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 1.9.2020 | Top Story: “Highlights” from Carlos Ghosn’s Accusatory Press Conference

BY: Michael D. Reif | January 9, 2020

A recap of Carlos Ghosn’s big media moment on Wednesday, which was short on the escape details everyone wanted to hear and long on accusations against other execs at Nissan and Japan’s justice system – NYTimes and WSJ and Bloomberg and MarketWatch The Journal’s reporting that food-delivery company Grubhub, which went public nearly 6 years … 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 1.7.2020 | Top Story: Facebook Ban of “Deepfakes”

BY: Juvian Hernandez | January 7, 2020

Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made statements they never actually stated. The policy will not apply to parody and satire. New York Times – Bloomberg and WSJ … Continue reading

Financial Daily Dose 12.16.2019 | Top Story: Boeing Execs Mull Halting 737 Max Production as FAA Clearance Stalls

BY: Juvian Hernandez | December 16, 2019

Boeing’s 737 MAX faces an uncertain future. Boeing is considering at least a temporary halt to its 737 Max production “as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020.” Boeing has already cut production by some 20% on the plane since the second of two fatal crashes, and … Continue reading

Financial Daily Dose 8.27.2019 | Top Story: OK Judge Hits Johnson & Johnson With $572 Million Fine in Opioid Trial

BY: Michael D. Reif | August 27, 2019

A bad day for J&J in Oklahoma at the close of the state’s trial against Johnson & Johnson means that the company’s on the hook for upwards of $572 million for its role in the opioid crisis that’s decimated swaths of the state. The trial was the first against an opioid manufacturer and bodes ill … Continue reading

Financial Daily Dose 5.28.2019 | Top Story: Fiat Chrysler and Renault in Talks to Merge

BY: Michael D. Reif | May 28, 2019

Fiat Chrysler and struggling post-Ghosn French automaker Renault are in talks to complete a merger of equals that could “reshape the global automobile industry.” If a deal is reached the combined company would be the third largest car company by sales in the world – NYTimes and WSJ and Bloomberg Fresh off an $85 million … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 9, 2019

Because why not another trade war open front, right? The White House has announced plans for tariffs on a wide range of $11 billion worth of EU goods stemming from a WTO ruling of nearly a year ago that planemaker Airbus “had received illegal funding for its A380 and A350 models” to the detriment of … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 4, 2019

Not shockingly, the White House’s recent insistence on keeping tariffs in place on China (to ensure deal compliance) is proving to be a major stumbling block in negotiations on a grand trade deal between the US and China. We’ll be keeping an eye on that dynamic as China’s Vice Premier Lui heads to the White … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 18, 2019

The White House is reportedly considering easing some tariffs on Chinese markets “as a way to calm markets and give Beijing an incentive to make deeper concessions in a trade battle that has rattled global economies.” The push to lift or eliminate some tariffs is pitting Treasury Secretary Mnuchin, who favors the idea, against US … Continue reading