Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault remains on the payroll of New York's Sofitel Hotel, CNBC has learned from a source close to the investigation.
Over the next three years, the fees that consumers pay to browse the Internet with smartphones and tablets may be cut by as much as 78 percent, under a plan being proposed by the European Commission on Wednesday.
As 1 World Trade Center starts to claim a place on the Lower Manhattan skyline, the area’s retail scene is beginning to revive, with landlords raising rents in anticipation of thousands of new office workers, tourists and residents, commercial real estate experts said. The New York Times reports.
The NBA is headed to deadline day, with perhaps one last chance to avoid a lockout. Negotiators for owners and players will meet Thursday, about 12 hours before the expiration of the collective bargaining agreement and seemingly nowhere close to a deal.
When it comes to resources for the physically active, not all US cities are created equal. Click to see some of the cities that are havens for physically active Americans.
Many distressed homeowners have spent years wondering when they’re going to get kicked out. But the backlog of foreclosures has provided a reprieve. In New York, for example, it would take 62 years to process them all.
CNBC's Maria Bartiromo and Eamon Javers, and Greg Valliere, Potomac Research Group, discuss the congressman's confession he sent lewd pictures of himself to several women on the internet, and the impact on his political future.
The top ranked city falls far short of places like Seoul, South Korea and Helsinki, Finland. But if you're looking for fast broadband domestically, here are the ten best places to find it.
CNBC's John Harwood with details on a special election in upstate New York that could impact Rep. Paul Ryan's controversial plan to transform Medicare.
The New York State attorney general’s office is investigating whether a for-profit school founded by Donald J. Trump, which charges students up to $35,000 a course, has engaged in illegal business practices, according to people briefed on the inquiry. The New York Times reports.
It seems wherever you go these days, you can't help but feel the pinch when it comes to gas prices at the pump. Here is a breakdown of the states with the highest and lowest prices.