Tag Archives: Huawei

Financial Daily Dose 12.04.2019 | Top Story: Google Co-founders Step Down From Executive Roles at Parent Alphabet

BY: Michael D. Reif | December 4, 2019

Google announced late Tuesday that co-founders Larry Page and Sergey Brin are “stepping down from executive roles at Google’s parent company, Alphabet.” Google CEO Sundar Pichai will now helm both operations, while Page and Brin will stay on Alphabet’s board. The duo also remains firmly in control of a majority of the company’s voting shares … Continue reading

Financial Daily Dose 12.02.2019 | Top Story: US Restores Metal Tariffs on Argentina and Brazil

BY: Juvian Hernandez | December 2, 2019

The White House will again slap tariffs on steel and aluminum imports from Argentina and Brazil in an apparent reaction to “massive devaluation” of  currencies in both South American nations – WSJ and NYTimes and Bloomberg Chinese tech giant, Huawei Technologies Co., can resume trading with some U.S. chip suppliers. Huawei, long seen as a … Continue reading

Financial Daily Dose 9.23.2019 | Top Story: WeWork Board Considering Ousting CEO

BY: Michael D. Reif | September 23, 2019

WeWork’s drama in past weeks—which includes a planned and postponed public offering thanks to rough financials and dicey corporate governance—is prompting the company to consider swapping out founder Adam Neumann as CEO to “salvage its troubled initial public offering” – Bloomberg and NYTimes and WSJ Last Friday’s combo of a cancelled farm trip by the … Continue reading

Financial Daily Dose 9.4.2019 | Top Story: UK Parliament Rebels to Defy Prime Minister on Brexit

BY: Michael D. Reif | September 4, 2019

Aaaand, we’re back at it.  Hope all enjoyed a good holiday weekend. One can prorogate all one wants, but raise the ire of British MPs, and a price will be paid, my friends. So goes the story for PM Boris Johnson, against whom British lawmakers “rose up” on Monday to “prevent him from taking the … Continue reading

Financial Daily Dose 8.30.2019 | Top Story: E-cig Company Juul Faces Federal Probes into Marketing and Health Concerns

BY: Michael D. Reif | August 30, 2019

The FTC has opened a probe into e-cigarette maker Juul’s marketing practices, including allegations that the company “used influencers and other marketing to appeal to minors” – WSJ The inquiry only adds to Juul’s federal agency concerns – Bloomberg Saudi Aramco unveiled plans on Thursday for a two-stage IPO that with debut on the Saudi … Continue reading

Financial Daily Dose 8.20.2019 | Top Story: Top Execs Signal Shift in Corporate Priorities Beyond Just Shareholder Gain

BY: Michael D. Reif | August 20, 2019

A survey of the country’s most powerful CEOs by the Business Roundtable shows an interesting shift in how they view their top priority—no longer does advancing the interests of shareholders take the top spot. Instead, the leaders identified investing in employees, delivering value to customers, and dealing “fairly and ethically with their suppliers” as primary … Continue reading

Financial Daily Dose 8.19.2019 | Top Story: US Weighing Huawei Reprieve to Smooth Trade Talks with China

BY: Michael D. Reif | August 19, 2019

The White House is reportedly extending the temporary license for some US businesses to work with Huawei, a move that would likely help smooth the way for trade negotiators between the US and China to see their way back to the table – WSJ and MarketWatch After last week’s drama, it doesn’t feel like a … Continue reading

Financial Daily Dose 8.9.2019 | Top Story: Uber posts massive Q2 losses and slowing growth

BY: Michael D. Reif | August 9, 2019

Uber went big on Thursday. Unfortunately, for everyone (including fans of cinnamon gum and oversized gingers) it was Big Red, as the ride-hailing company posted a $5.2 billion loss for Q2—its largest ever since it began disclosing financials in 2017 – NYTimes and WSJ and Bloomberg and MarketWatch Tech behemoths weren’t the only ones having … Continue reading

Financial Daily Dose 7.31.2019 | Top Story: Fed Likely to Cut Interest Rates

BY: Michael D. Reif | July 31, 2019

At this point, pretty much everyone on Wall Street is expecting the Fed to cut interest rates as its FOMC meeting breaks later today. Some thoughts on what’s likely to happen and how the Street could react to the news – MarketWatch and NYTimes and WSJ and Bloomberg Even as trade talks between the US … Continue reading

Financial Daily Dose 7.15.2019 | Top Story: FTC Fines Facebook $5 billion Over Privacy Violations

BY: Michael D. Reif | July 15, 2019

Late Friday, the Federal Trade Commission hit Facebook with a $5 billion fine for the social media company’s range of privacy violations over the past few years – NYTimes and Wired and WSJ and Bloomberg The amount is massive, yet the sheer size and power of Facebook is enough that the general consensus is that … Continue reading