Financial news on March 07, 2019
Business and Financial news
The acquisition of HotelTonight, a service for travelers seeking last-minute hotel bookings, expands Airbnb’s listings ahead of an expected initial public offering. Read more..
While the United States and China have made progress toward a compromise, Beijing is leery of holding a summit without concluding a deal first. Read more..
If “Fox News Sunday” is an appropriate venue for some candidates, the anchor wonders, why can’t Fox News host a debate? Read more..
Policymakers unexpectedly reinstated a program meant to encourage banks to lend, a sign that its concerns extend beyond the immediate region. Read more..
The proposal would affect salaried workers making less than $35,000, up from about $23,700, but is less sweeping than an Obama administration plan. Read more..
Concern that cars could be seriously hacked — by criminals, terrorists or even rogue governments — has prompted a new round of security efforts on the part of the auto industry. Read more..
Spain’s Socialist prime minister pushed through a 22 percent increase in the minimum wage law. As salaries increase, businesses fear an erosion in jobs. Read more..
The Hollywood Reporter portrayed a situation in which the chairman of Warner Bros., Kevin Tsujihara, pushed for a woman with whom he had a sexual relationship to be considered for film and TV roles. Read more..
A drive in college towns aims to get the fast-food chain to follow McDonald’s and Walmart in buying tomatoes grown under strict labor standards. Read more..