Afternoon briefing: 10 years after Google's IPO; PricewaterhouseCoopers settles ...
Here's what's happening in the world of business on Aug. 18, 2014.
- GOOGLE'S ASCENT - - MAJOR SETTLEMENT -
PricewaterhouseCoopers will pay $25 million to settle charges over altering financial reports. The company will also be barred from consulting for new bank clients for two years.
-- NEWS WITH WHEELS --
- The Obama administration will back new technology that would allow cars and trucks to 'talk' to one another, a system intended to stop collisions on the roads.
Dollar General has started a bidding war for Family Dollar, offering nearly $9 billion for the chain of discount stores. The offer comes a month after competitor Dollar Tree offered $8.5 billion for Family Dollar.
-- FASTER FOOD -
At a Manhattan event, chefs and execs from McDonald's hosted food writers in hopes of showing off creative menu items that may help the struggling fast food company shake off its junk food image. That's easier said than done.
-- ON A HIGH NOTE - -- IT'S THE ECONOMY - -- THAT'S ALL? -- -- BOTTOMS UP - -- TECH BITES -- -- THE MARKETS -
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