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Since 1987, the NCAA men's basketball tournament on CBS has concluded with a video montage backed up by David Barrett's original song "One Shining Moment." Barrett sang the song for the first decade before his voice was replaced by Teddy Pendergrass and then Luther Vandross.
For years, the official car of the NCAA men's basketball championship was Pontiac. This year, Infiniti takes over.
A television producer has pleaded guilty to trying to shake down David Letterman over the comic's sexual affairs.
Jay Leno is back and bigger than ever: 6.65 million viewers tuned in for his first night at "The Tonight Show" since leaving for primetime last May.
Disney's ABC and Cablevision are battling over fees, and now Cablevision subscribers in the tri-state area may not get to watch the Oscars on Friday night.
In this uncertain market, hesitant investors should resist the urge to pull money off the table and instead buy into high-dividend stocks, high-yielding corporate bonds and commodities, said Joseph Poon, head of Macquarie Private Wealth Asia.
CBS and Viacom have regained their strength in the marketplace and neither company will be selling any more stock, Sumner Redstone, Viacom and CBS chairman, told CNBC.
ABC News is making no secret about what is behind the sweeping staff cuts it now faces: raw survival instinct.
"Code Advisors," a new media investment bank launching tomorrow, is banking on a surge in media and tech deals, and old media's need to get new media savvy.
ABC News is looking to eliminate up to 400 positions by offering buyouts across the news division. The number of people who opt for the "voluntary separation package" will determine whether the company does layoffs and how many people get the axe.
Stocks eked out a gain Friday, with the Dow ending above 10,400, as the initial shock of the Fed's surprise move to raise the discount rate wore off.
Stocks were jittery following the Fed’s announcement that it is raising the discount rate — the rate that the Fed charges banks for loans. However, this move was expected following indications of a pending move by Federal Reserve Chairman Ben Bernanke during his Congressional testimony last week.
The Dow rebounded after a lower open Friday as investors settled down after the initial shock of the Fed's surprise move to raise the discount rate.
Stock index futures are pointing to a lower open on Wall Street but were well off their lows as investors reacted to a surprise move by the Federal Reserve to hike its discount lending rate to banks.
Stocks rose for a third straight day Thursday as an encouraging manufacturing report helped fuel investor optimism about the recovery.
CBS is more reliant on ads than any of the other media giants: the good news is that its results show a gradual ongoing recovery in the ad market.
That got your attention, didn't it? Buxom gals showing off their assets is a sure way to get people (men) to stop in their tracks and pay attention.
Stocks rebounded off a weak open Thursday after a report showed manufacturing in the Philadelphia region improved in February.
Stock index futures slipped after higher readings in weekly jobless claims and inflation pointed to more headwinds for the economic recovery.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 18.