Financial news on March 07, 2019

Business and Financial news
Airbnb Acquires HotelTonight to Expand Travel Portfolio

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..

By ERIN GRIFFITH - The New York Times

Chinese Officials Becoming Wary of a Quick Trade Deal

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..


Chris Wallace of Fox News Calls Democrats’ Debate Ban ‘Shortsighted’

If “Fox News Sunday” is an appropriate venue for some candidates, the anchor wonders, why can’t Fox News host a debate? Read more..

By MICHAEL M. GRYNBAUM - The New York Times

Global Economy Slows, Pushing Europe’s Central Bank to Make a Surprise Move

Policymakers unexpectedly reinstated a program meant to encourage banks to lend, a sign that its concerns extend beyond the immediate region. Read more..

By JACK EWING - The New York Times

Labor Department Seeks to Make More Eligible for Overtime

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..

By NOAM SCHEIBER - The New York Times

Locking More Than the Doors as Cars Become Computers on Wheels

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..

By JIM MOTAVALLI - The New York Times

Spain’s Minimum Wage Just Jumped. The Debate Is Continuing.

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..

By LIZ ALDERMAN - The New York Times

WarnerMedia to Investigate Claims Involving a Top Executive

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..

By BROOKS BARNES - The New York Times

Why Wendy’s Is Facing Campus Protests (It’s About the Tomatoes)

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..

By NOAM SCHEIBER - The New York Times

See what else happened on March 07, 2019