WASHINGTON-- Eventually, the economic recovery will pick up steam _ whether Barack Obama or Mitt Romney is in the White House. But first, Obama or Romney, together with Congress, will have to pull back from the widely deplored "fiscal cliff," the politically created budget abyss facing the nation at year's end.
SEATTLE, Oct 1- Microsoft Corp is launching its own news operation as part of its new-look MSN website when Windows 8 launches later this month. Microsoft sold its 50 percent stake in news website MSNBC.com in July to longtime partner NBCUniversal, now majority-owned by Comcast Corp.
O'Donnell, who jumped to CBS last year after more than a decade at NBC News, replaced Erica Hill within the trio of "CBS This Morning" hosts that also include Charlie Rose and Gayle King.
LOS ANGELES, Oct 1- Lawyers for dissident Wynn Resorts shareholder Kazuo Okada's will urge a Nevada court on Tuesday to overturn the casino company's forced redemption of the Japanese billionaire's $2.7 billion stake, a ruling which would allow him to vote at its Nov. 2 shareholder meeting to unseat two board members.
Yesterday we saw some bullish action in Viacom, with one options trader buying 60,000 December 60 calls for $0.50 each with the stock at 54.59.
Stocks rallied to three-month highs, snapping a four-day losing streak, after today’s jobs report was better than anticipated but still left the door open to additional Federal Reserve measures to stoke growth. Markets also appeared more confident the European Central Bank will act to contain the euro zone debt crisis.
U.S. stock index futures are adding to gains after a better-than-expected increase in new jobs in July. While stronger than anticipated, the jobs report may still leave open the door for additional stimulus from the Federal Reserve.
Market expectations are running so high for the European Central Bank’s meeting Thursday, that it can only disappoint.
Consumer staples companies have been consistently beating earnings estimates so far this quarter. With several big names reporting in the week ahead, the question is: Will the trend continue?
Several factors have fundamentally disrupted the economic and power dynamic of the traditionally studio dominated entertainment industry.
This week Aereo won a victory — a federal judge ruled in favor of the startup, refusing to block the controversial antenna-based subscription service that takes free over-the-air TV broadcasts and streams them to any Internet-enabled device.
'Draw Something,' Zynga's popular 'Pictionary'-style mobile app, has been optioned by CBS to be made into a game show. Ryan Seacrest has signed on to help produce the 'Draw Something' TV project, which will feature teams competing in front of a live audience, The Christian Science Monitor reports.
The primary question: are providers inappropriately limiting competition from online video services like Netflix and Hulu by capping the amount of data/videos subscribers can stream every month?
Take a look at some of Tuesday’s morning movers:
A 275 page report sheds light on what may have happened in the last days of MF Global, airlines consider more fees, Starbucks spends $100 million on bread companies, CBS Outdoor billboards business could fetch $6 billion.
What follows is a list of the wives of 10 athletes who’ve made names for themselves as columnists, models, designers and more.
Take a look at some of Friday’s morning movers:
If you’re long Sirius XM Radio, you should pressure Mel to swallow his pride and let Liberty Media take control of the company.
As with past technological threats, network executives are closing ranks against a Dish Network device that undermines the broadcast business model. The New York Times reports.
We’ve got the latest trades from Warren Buffett, David Einhorn and Dan Loeb. Find out where these whales are putting money to work.