Category: Business News

Cyber Monday sales expected to set record

Shoppers opened their wallets Thanksgiving weekend, setting records in online purchases while also hitting the malls in a big way, giving retailers a strong start to the holiday shopping season. The next big test comes Monday, also...

Time Inc. bought by Meredith Corp. for $2.8B

Time Inc. has been sold for $2.8 billion to Meredith Corporation, the companies announced Sunday. Meredith, whose magazines include Better Homes and Gardens, Shape and Family Circle, acquired the company for $18.50 per share....