NEW YORK— Equipment rental company United Rentals Inc. and hospital operator Universal Health Services Inc. are being added to the Standard& Poor's 500 index, S&P 500 Dow Jones Indices said Friday.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.
Aug 5- Gannett Co Inc, the publisher of USA Today, said it would take full ownership of automotive website Cars.com and spin off its publishing assets into a publicly traded company as it focuses on its digital businesses.
Aug 4- Gannett Co Inc, one of the newspaper owners of Cars.com, is nearing an agreement to buy the portion of the auto-sales website that it does not already own for $1.8 billion, people familiar with the matter said on Monday.
Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent to a record high.
Aug 1- Warren Buffett's Berkshire Hathaway Inc on Friday said second-quarter profit soared 41 percent, reflecting a substantial increase in investment gains and improved results in manufacturing, service and retail businesses. Net income rose to $6.4 billion, or $3,889 per Class A share, from $4.54 billion, or $2,763 per share, a year earlier.
NEW YORK, June 17- While the New York Times Co has shrunk by more than half in the past eight years, the compensation of the top three executives at the company has held steady.
Gannett, the parent company of USA Today, is one of the five newspaper publishers that back Classified Ventures, the entity that owns Cars.com. Cars.com helps people buy and sell cars on the Internet. Gannett has a 27 percent stake in Classified Ventures.
NEW YORK, May 6- Six-month-old new media site Ozy is jumpstarting its distribution and has struck a partnership with U.S. nonprofit radio network NPR. Ozy plans to capitalize on NPR's reach online with its more than 20 million monthly unique visitors- more than four times Ozy's online audience- to help more people see its content on NPR's home page.
Senate Intelligence Committee Chairman Dianne Feinstein, a California Democrat, and Vice Chairman Saxby Chambliss, a Georgia Republican, said they have circulated the draft to key stakeholders in its early stages to avoid the disagreements that have thwarted passage in the past.
Apple becomes the fourth member of the S&P 500 to announce a split in 2014.
April 8- A six-year-old online news startup has agreed to buy the Anchorage Daily News, the largest daily newspaper in Alaska, from the McClatchy Co for $34 million, the two companies announced on Tuesday. Alice Rogoff, publisher of the online-only Alaska Dispatch, said the deal was meant to serve Alaskans, many of whom still read a print newspaper.
WASHINGTON, March 31- The federal website for U.S. consumers to enroll in private health insurance under Obamacare ran into problems twice on Monday because of a surge of people trying to access the site hours before a midnight deadline to sign up for coverage.
The level of media investing activity is forging the underpinnings of "game-changing" developments for the industry, according to the Pew Research Center's State of the News Media 2014 report, which cited funding from entrepreneurs like Amazon's Jeff Bezos and eBay founder Pierre Omidyar.
Some of Wednesday's midday movers:
With more storms coming, traders will be plowing through economic reports for the impact of winter weather on the economy and corporate profits.
Warren Buffett's company is considering trading its 1.7 million shares of Graham Holdings for sole ownership of part of the company.
The app, launched Wednesday, aims to build on the company's understanding of how people consume news.
An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times.
U.S. stocks fall.