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Category : Business (Archive for 2017-08-01) News by Google
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New York Times
Discovery Communications Agrees to Buy Scripps Networks -- 6th Update
Fox Business
Discovery Communications Inc. has agreed to buy Scripps Networks Interactive Inc. for $11.9 billion, a bet that a larger footprint in lifestyle programming will help it weather cable-TV upheaval. Continue Reading Below. A bigger portfolio of channels ...

Washington Post
Indonesia lifts threat to ban encrypted app Telegram
Washington Post
JAKARTA, Indonesia — Indonesia's information technology minister says the government will allow the encrypted messaging app Telegram to continue operating because it's taking steps to address “negative” content. Minister of Communications and ...

Reuters
Sony sets record with three-fold jump in first quarter operating profit
Reuters
TOKYO (Reuters) - Japan's Sony Corp on Tuesday reported its highest-ever first-quarter operating profit, taking the electronics giant one step toward its highest annual profit in two decades on the back of robust sales of image sensors. In a vote of ...

Business Insider
Elon Musk took a jab at Volvo while talking about the Tesla Model 3's crash test
Business Insider
Tesla CEO Elon Musk took a jab at Volvo while talking about safety features on the Tesla Model 3, his company's new entry-level electric car. During a handover event at Tesla's factory in Fremont, California, Friday night, Musk showed a video that he ...

Reuters
Bitcoin technology faces split, may create clone virtual currency
Reuters
NEW YORK (Reuters) - Bitcoin's underlying software code could be split on Tuesday to create a clone called "Bitcoin Cash," potentially providing a windfall for holders of the digital currency. The initiative is being led by a small group of mostly ...

Washington Post
SC utilities halt work on new nuclear reactors, dimming the prospects for a nuclear energy revival
Washington Post
The long quest to revive the nation's nuclear power industry suffered a crippling setback Monday when two South Carolina utilities halted construction on a pair of reactors that once were expected to showcase a modern design for a new age of nuclear power.

Washington Post
Citing 'basic physics,' a judge berated the FAA over shrinking airline seats
Washington Post
If you're convinced your plane seat gets smaller with each vacation, that your cramped knees and crushed hips are not just a function of your expanding girth, that you're being gradually and intentionally squished bit-by-bit like a slowly boiled frog ...

Forbes
Amid His Most Important Tesla Milestone, Elon Musk Says He May Be Bipolar
Forbes
Elon Musk, much like President Donald Trump, is unusually comfortable sharing views and personal information on Twitter. The guiding force behind Tesla, SpaceX, The Boring Company and Neuralink, a company creating devices to connect human brains ...

Washington Post
Peugeot maker PSA finalizes takeover of GM's Opel, Vauxhall
Washington Post
PARIS — The maker of Peugeot and Citroen cars has finalized its $2.5 billion takeover of General Motors' European brands Opel and Vauxhall, and named new management to chart an attempted turnaround plan. France-based PSA Group said in a ...

Los Angeles Times
Wells Fargo hit with class-action lawsuit over auto insurance charges
Los Angeles Times
Wells Fargo & Co., which is still settling class-action lawsuits over its fake-accounts scandal, has now been hit with yet another — related to the bank's revelation last week that it charged auto loan customers for unnecessary insurance. An Indiana ...

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