More than 127 million shares were traded within the first 15 minutes of Alibaba's market debut, launching a whirlwind day for the Chinese firm.» Read More
Universal Studios is moving forward on plans to turn the board game "Clue" into a movie, again, nailing down the man behind Disney's Pirates of the Carribean hit, Gore Verbinski, to direct and produce.
With the market at a 12-year low, it's a healthy exercise to try and find some good things in this world. Here are 5 things we bet you didn't think of...
Finishing the day at 7,114.78 yesterday, the Dow closed at its lowest level since May 7, 1997. 7 of the 30 current Dow components were not in the index when the Dow last saw these levels.
As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Regarded as a safe investment, gold often shines during turbulent times when increased demand typically drives up prices. For the first time since last March, gold settled above $1,000 an ounce on Friday. Since its low back in November, when gold was just over $700 an ounce, the bullion has risen 42%. During the same period the S&P 500 has plunged 15%.
The Oscars aren't just the biggest night of the year for film buffs and the celeb-obsessed, they're also one of the biggest annual events for advertisers, second only to the Super Bowl.
I sat down for an exclusive interview with Dick Cook the Chair of Walt Disney Studios, who brokered the studio's big distribution deal with DreamWorks, Disney's first interview since the deal was announced.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
This is a live blog on how Alex Rodriguez is handling questions from reporters in Tampa at New York Yankees Spring Training.
On Friday Disney launched Disney XD in 72 million homes, a new ad-supported basic cable channel targeting boys age six to fourteen.
Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.
So, you forgot to buy flowers for Valentine’s Day. Nice going, slick. Well, lucky for you there’s a recession going on, which is offering a convenient excuse for getting out of just about anything from marriage proposals to being cheap on Valentine’s Day.
Sirius XM Radio is trying to avoid filing for bankruptcy and is trying to renegotiate its pricey contracts.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment.
It's a city where perception is reality and image is everything. But Hollywood is having trouble keeping up appearances in the midst of the nation's economic downturn, even during its splashiest, most self-celebratory time: awards season.
Talk about winning the battle but losing the war. CBS is home to some of television's top rated shows, including 60 Minutes, the CSI series and other fine entertainment properties.
After ESPN reported this morning that New York Jets quarterback Brett Favre was retiring, we were waiting to see how long it would take the team to put Favre items on sale.
As I anticipated on Friday, Walt Disney Studios and DreamWorks announced a five-year, 30 movie distribution deal on Monday. Disney's Touchstone label will distribute the films and Disney will handle DVD sales and pay-TV distribution on "Starz".
After Alex Rodriguez' ESPN interview aired tonight, in which he admitted to using performance-enhancing drugs, the slugger's most valuable endorser, Nike issued this comment.
New York Yankees slugger Alex Rodriguez admitted to ESPN this afternoon that he used performance-enhancing drugs from 2001 to 2003 while playing with the Texas Rangers. Rodriguez apologized, saying he was "young, stupid and naive."