The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
Tesla sales in China should hit around 6,400 vehicles this quarter, but the Shanghai factory won't be able to manufacture Model 3s in volume until mid-2020, according to JL...Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
The $19.99 pay-per-view subscription fee was dropped due to technical glitches from the high volume of viewers. AT&T and other major pay-TV providers including Comcast, Dish and Charter Communications said they would refund or credit customers who paid to watch Friday's golf showdown.
AT&T was entitled to have the subscription revenue generated by other pay-TV providers, but the company will not seek out the fees, people familiar with the matter told the Journal.
Initial estimates for viewers of "The Match" were only as high as 150,000, an official told the Journal. But about 750,000 people alone watched the contest just on the video service B/R live, part of the Bleacher Report's digital platform. The total number of sign-ups and views, including those from other pay-TV providers, has not yet been released.
AT&T's Turner Media President David Levy said B/R never had a problem streaming video, but its system to collect payment information did not have the capacity to collect so much credit card information, blocking people from purchasing the event, the Journal reported.
Despite the refunds, Levy told the Journal the event was successful, and bodes well for the future of pay-per-view, noting that every advertiser involved in "The Match" wants to come back.
Disclosure: Comcast is parent of NBCUniversal and CNBC.