Oil jumped 6% on Thursday after Iran shot down a U.S. military drone, prompting President Donald Trump to blast Tehran on Twitter.Energy Commoditiesread more
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
"I think there's a deceleration in the economy to the point where the railroads, the airlines, the companies, the lenders are all admitting that there's deceleration," says...Investingread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Apple said in a letter released Thursday that tariffs could hurt its ability to compete globally.Technologyread more
Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Trump tweets after an Iranian surface-to-air missile shot down a U.S. military surveillance drone in what the U.S. calls an "unprovoked attack."Politicsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The last few years have seen a surge of interest in plant-based burgers, but a few restaurant chains remain on the sidelines.Restaurantsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
Lions Gate Entertainment, the film studio behind the Hunger Games movie franchise, said it would buy premium television network Starz for $4.4 billion in cash and stock, in a deal that would unite two media companies with ties to cable mogul John Malone.
Lions Gate will pay $32.70 per share for Starz, representing a premium of nearly 16 percent to Starz's closing price on Wednesday.
Shares of Lions Gate were up 8.6 percent in premarket trading. Starz shares were up 10.6 percent below the offer price at $31.25.
Lions Gate expects the deal to be "highly accretive," it said on Thursday.
As part of the deal, which was approved by the boards of both companies, Lions Gate's shares will be equally split into voting and non-voting shares.
The two companies had held on and off talks for more than a year. Starz was spun off from Malone's Liberty Media in 2013.
Starz, which competes with HBO and Showtime, also develops original programming such as "Power," a drama about a New York City drug dealer and "Outlander," a fantasy series.
Lions Gate and Malone own shares in Starz, while Malone is also a Lions Gate shareholder who sits on its board.
PJT Partners was the lead financial adviser to Lions Gate, while J.P. Morgan, Bank of America/Merrill Lynch, Deutsche Bank and Credit Suisse were its financial advisers.
Starz was advised by LionTree Advisors.