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Saturday, July 21, 2018

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Business

Business — published: 7/20/2018
Comcast drops Fox bid

NEW YORK — Comcast is dropping its bid for Fox’s entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind “The Simpsons” and X-Men. Comcast can now focus on its pursuit of European pay-TV operator Sky, a deal that would give the Philadelphia-based cable and media company a larger presence outside the U.S. The moves come as the media landscape is shifting dramatically. Cable and telecom companies are buying
Business — published: 7/17/2018
Fall Creek cheese business cuts jobs

FALL CREEK — New Jersey-based Schuman Cheese is cutting 51 jobs at a Fall Creek factory due to increased automation. The company is installing two new pieces of machinery for its cheese-slicing operations at the Imperia Foods facility at 120 Brickyard St. in coming months. This prompts the elimination of 15 positions immediately and another 36 jobs over the next two months, according to a notice the company sent last week to the state Department of Workforce Development. The
From the Wire - Business — published: 7/15/2018
Univision looks to sell The Onion, Gizmodo websites

Univision is looking to sell Chicago-based humor site The Onion and its Gizmodo digital portfolio to focus on its core Spanish-language television network. The broadcaster, which is reorganizing under a new CEO, announced last week that it is exploring the sale after two years of owning a controlling stake in the irreverent comedic institution. Vince Sadusky, who was named CEO of Univision in May, said in a memo to employees Tuesday that the sale would benefit both The Onion and the New York-
From the Wire - Business — published: 7/15/2018
Former Apple worker faces charges for taking secrets

SAN JOSE, Calif. — A former Apple employee has been charged in federal court with stealing trade secrets from the company, authorities said. The charges against Xiaolang Zhang were filed last week in the U.S. District Court of Northern Calfornia and allege that Zhang, a hardware engineer for Apple, planned to take some of the company’s secrets with him when he took a job with another company. Federal agents arrested Zhang on July 7 as he tried to go through security at Mineta San
From the Wire - Business — published: 7/15/2018
Tariffs expected to start at crucial time for retail

CHICAGO — Kids who take up baseball or softball as well as anyone remodeling their kitchen, dealing with a flat bicycle tire or getting a dog could be caught in the crosshairs of the Trump administration’s latest salvo in the global trade war. On Tuesday, the White House announced plans to impose a 10 percent tariff on $200 billion of Chinese goods after a public comment period. That means the tariffs could take effect sometime after Aug. 30, a month before U.S. retailers, many of
From the Wire - Business — published: 7/15/2018
Sniffing out a fake

DETROIT — The pair of allegedly rare Air Jordan sneakers arrived last month to the bunker-like Authentication Center of StockX, a Dan Gilbert-backed company that is one of Detroit’s fastest-growing startups. The black-and-red Jordans were purportedly from 1995. For sneakerheads who collect such things, that’s close to antique. If these shoes were authentic, they might fetch $500 on StockX’s online marketplace, which functions like a stock market for the re-selling of
Local Business — published: 7/15/2018
Briefcase 7/15/18

WEDC plans July 26 local Foxconn session Local firms can learn more later this month about bidding for work on Foxconn Technology Group’s $10 billion advanced manufacturing campus under construction in Racine County. The Wisconsin Economic Development Corp. has planned another round of informational sessions, including one in Eau Claire, for companies interested in doing business with Foxconn. The local session will be 1:30 to 3 p.m. on Thursday, July 26, at Chippewa Valley Technical
Local Business — published: 7/15/2018
Business Registrations 7/15/18

The following area business registrations, such as limited liability companies and corporations, were filed in May. Ridgeland: Ridgeland Veterinary Clinic LLC, Jacob T. Smith DVM, 308 E. Main St. Roberts: BSM Enterprises LLC, Brent Weiss, 989 110th St. Spring Valley: Advanced Foam Solutions LLC, Dean I. Schilling, W1827 710th Ave.; XREC LLC, Robert J. Mueller, W2964 850th Ave. Stanley: Acker Homes LLC, Brittany L. Acker, 35748 Highway MM. Strum: 715 Contractors LLC, Michael D. Peterson,
Business — published: 7/12/2018
China vows retaliation over U.S. tariffs

BEIJING — The Chinese government vowed Wednesday to take “firm and forceful measures” against U.S. threats to expand tariff hikes to thousands of products like fish sticks, apples and French doors as their trade dispute escalates. China gave no details but earlier threatened “comprehensive measures” if Washington took more action. That prompted fears Beijing, running out of imports for retaliation due to its lopsided trade balance with the U.S., might try to
Business — published: 7/12/2018
U.S. soon to surpass Saudi Arabia, Russia as world’s top oil producer

The U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world’s biggest oil producer for the first time since the 1970s. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day. “If the forecast holds, that would make the U.S. the world’s leading producer of crude,” said Linda Capuano, who heads the agency, a part of the Energy Department. Saudi

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On the really wild side: Rural Chippewa Falls woman is putting 9 months of extreme training to the test in Alaska wilderness

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Brewers losing skid hit seven with lose to Machado, Dodgers

Obt-Rolland-Barbara-072018

Life Story: Teacher recalled for international focus

ED-Alabama-2a-072018

Review: Alabama's Randy Owen can still shake it

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