A vast majority of Americans would prefer to assemble their own pay TV channels rather than subscribe to packages that include dozens or hundreds of networks, a new Reuters/Ipsos poll found in a challenge to traditional television distribution.
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Oil up 3 percent in largest gain in three weeks; volatility threatens
Oil rose 3 percent on Tuesday, the most in three weeks, as a weak dollar lifted commodities denominated in the currency and OPEC raised slightly its forecast for world oil demand growth.
Boeing says efficiency supports strong outlook, despite hurdles
Citing steady demand from airlines, Boeing Co (BA.N) said on Tuesday it is capable of raising 737 jetliner output by 43 percent to 60 a month, as it gave a rosy outlook despite concerns about orders, overall production and defense spending.
Small business confidence perks up; jobs market solid
U.S. small business owners gained confidence in April and were surprisingly bullish about capital expenditure plans, further supporting views that economic growth was rebounding after a dismal first quarter.
Wage growth may be on tap as more Americans quit jobs
Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation.
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Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. You just wouldn’t know it if you looked at the bank accounts of their top executives.
Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content.
A Picasso oil painting from 1955 smashed the record for the most expensive artwork ever sold at auction when it soared to $179.4 million at Christie's on Monday.
Castleton Commodities International will buy Morgan Stanley's (MS.N) physical oil business, vaulting the Connecticut-based merchant into the big leagues of global crude and fuel traders.
Oil edged lower on Monday on signs that a multi-week rally was encouraging a rejuvenation in already bloated U.S. shale supplies, even as the government expected less output in June from the fastest-growing fields.
General Electric Co (GE.N) said on Monday for the first time it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of France's Alstom (ALSO.PA).
The Federal Reserve drew together extensive plans for handling a U.S. debt default that included scheduling deferred payments and lending cash to investors, according to a top lawmaker who cited Fed documents.
Wall Street closed lower on Monday as investors fretted about Greece's precarious financial condition and slowing growth in China, while energy stocks fell on weaker oil prices.
Oil and natural gas producer Noble Energy Inc (NBL.N) said it would acquire Rosetta Resources Inc (ROSE.O) for about $2 billion in stock, highlighting a consolidation being driven by a steep fall in global oil prices.
