ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.» Read More
Verizon Communications posted a higher-than-expected quarterly profit on Monday on strong wireless sales and improved margins, offsetting a fall in landline users.
Unfortunately, no, for Time Warner. Cramer explains why the stock is down Monday.
Time Warner discussions to merge or sell its AOL internet division with Microsoft or Yahoo have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday.1st paragraph of story should go here
Fort Pitt Capital Group's Kim Caughey is charged up about General Electric.
Is Yahoo a buy on optimism that it might get back together with Microsoft?
There's a new twist in the Microsoft Yahoo saga and it sent shares of the Internet firm soaring. Should you hop on?
By anyone's reckoning, it was a rough week. Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged. But all week, even through the worst of the market's sell-offs, CNBC guests offered
There are a lot of downdrafts in the media-business atmosphere right now, but Tuna Amobi of Standard and Poor's has "strong-buy" ratings on a couple of high-profile companies.
Three of the country’s largest Internet service providers are threatening to clamp down on their most active subscribers by placing monthly limits on their online activity.
Following are the day’s biggest winners and losers. Find out why shares of Time Warner and Borders popped while AIG and Boeing dropped.
Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel. The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.
This morning Time Warner revealed how it plans to spin off its 84 percent ownership stake in Time Warner Cable. As part of the deal, the cable company will pay a one-time $10 per-share dividend.
Stocks opened flat Wednesday after oil breezed past $130 a barrel, fueling inflation fears.
Time Warner and Time Warner Cable said Wednesday they would split into two companies and pay Time Warner Cable shareholders a one-time $10.9 billion dividend.
This infrastructure play is making big moves into wind power. Get in before Wall Street catches on.
The CW's big hit is without a doubt "Gossip Girl." Talk about buzz. But it hasn't been enough to juice up ratings. But of course the CW is bringing it back on Monday nights followed by "One Tree Hill." An interesting note about "Gossip Girl": afraid that streaming the show has hurt its TV ratings this season it's not being offered online.
We have all had some miserable customer service experiences and as we sit on hold or try to navigate through yet another voice response system, we wonder how can these companies get away with this. In fact, a 2006 Harris Interactive Poll showed 40% of us would rather go to the dentist than deal with poor customer service. My most recent mind numbing experience with my phone company, Verizon, made me wonder if there is a way to translate this into investing opportunities. Here is what I found...
An agreement struck Wednesday could mean WiMax technology reaches 140 million people by 2010. How can you make ultra-fast money in the new ultra-fast wireless world?
Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company.
Dollar finally rallying today after a couple of down days. Metal commodities lower, but energy commodities flat. Modest pop in futures as first quarter productivity rose a better than expected 2.2% vs expectations of 1.5%.