It's a long time coming, but TV content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable?
Bloomberg LP on Friday announced the appointment of a privacy advisor after being embroiled in criticism of reporters use of Bloomberg terminals to obtain private information.
"Apple of course has huge amounts of cash, but...the cost of borrowing now is so unbelievably low that issuing long-term bonds ... is actually a very smart thing," Schwarzman said on CNBC.
FedEx struck a $10.5 billion deal with the U.S. Postal Service to continue providing domestic air transportation service for Priority and Express Mail.
Taxi! Taxi! Taxiiiiiii! That's a common refrain of city living, but soon it may go the way of the phone booth amid the emergence of smartphone apps for hailing a taxi.