Category: Business News

Comcast Set to Buy Time Warner Cable for $45 Billion

Comcast Set to Buy Time Warner Cable for $45 Billion

Comcast, the nation’s largest cable company, announced a deal Thursday to buy Time Warner Cable in a blockbuster merger worth about $45 billion. The proposed deal will be intensely scrutinized by the U.S. government, including the...

Restaurant Deals to Hate-Celebrate Valentine’s Day

Restaurant Deals to Hate-Celebrate Valentine’s Day

The lovey-dovey holiday that falls on February 14 strikes many as pretentious and forced, or just as a bitter minder of a relationship gone wrong. Hence the rise of anti-Valentine’s events at restaurants and...

Prison Phone Calls Will No Longer Cost a Fortune

Prison Phone Calls Will No Longer Cost a Fortune

Hundreds of thousands of U.S. prison inmates and their families will now be able to make interstate phone calls at much lower prices thanks to new federal rules that went into effect on Tuesday....

Coming Soon to Your Office: Gen Z

Coming Soon to Your Office: Gen Z

As a business consultant and management professor, Peter Drucker observed the attitudes and idiosyncrasies of seven distinct generations: New Worlders, Hard Timers, Good Warriors, the Lucky Few, Baby Boomers, Gen X and even, at...

No Dip for CVS Following Tobacco Announcement

No Dip for CVS Following Tobacco Announcement

CVS’s stock price rose as the company reported glowing earnings Tuesday, positioning the nation’s largest pharmacy chain for a strong year less than one week after it announced it would stop selling tobacco products in the U.S....

PayPal President Gets His Credit Card Hacked

PayPal President Gets His Credit Card Hacked

PayPal President David Marcus has been the victim of credit card fraud, he said on Monday. The leader of the online payments company revealed via Twitter that his credit card information had been stolen...

Yellen Says Fed Will Keep Pulling Back on Stimulus

Yellen Says Fed Will Keep Pulling Back on Stimulus

Federal Reserve Chair Janet Yellen said Tuesday that the central bank will continue to scale back its stimulus bond-buying program amid the brightening economic recovery. In her first public testimony as Fed chair, eight...

GM’s Mary Barra Will Earn $14.4 Million — 60% More Than Last CEO

GM’s Mary Barra Will Earn $14.4 Million — 60% More Than Last CEO

General Motors CEO Mary Barra will earn around $14.4 million in cash and stock bonuses in 2014, the company said on Monday, about 60% more than her predecessor made in 2013.  The company previously...

T-Mobile Now Owns the Color Pink

T-Mobile Now Owns the Color Pink

Ballet shoes, roses, and sunsets had better watch out. A federal court has handed T-Mobile the rights to its distinctive magenta trademark color, shutting out AT&T subsidiary Aio Wireless from using the color, T-Mobile...

Carl Icahn Wins by Losing in Epic Fight With Apple

Carl Icahn Wins by Losing in Epic Fight With Apple

Carl Icahn is withdrawing the precatory proposal he filed on November 26 to try to get Apple to part with more of its $160 billion cash hoard. But that doesn’t mean he’s lost his war...