More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.
Fidelity Investments' courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of chemically treated coal.
CBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more than US$28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S. entertainment companies 13 years after breaking them up.
LONDON: Britain and the United States are discussing a partial trade accord that could take effect on Nov 1, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday (Aug 13). The official also said visiting US national security adviser John ......
Brick & Mortar Ventures, a venture capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had raised US$97.2 million from leading construction-related companies as builders turn to 3D printing and other software to cut costs and boost productivity.
WASHINGTON: US consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again next month amid worsening trade tensions. The report from the Labour Department on ...
A protracted trade war between China and the United States, the world's largest economies, and a deteriorating global growth outlook has left investors apprehensive about the end to the longest expansion in American history.
U.S. stocks turned sharply higher on Tuesday after the U.S. Trade Representative said additional tariffs on some Chinese goods, including cell phones and laptops, will be delayed to Dec. 15.
Boeing Co delivered 38per cent fewer planes in the first seven months of 2019 than the same period a year earlier, as the grounding and doubts around the future of its best-selling 737 MAX jets hurt operations.
The Trump administration will delay 10per cent tariffs on certain Chinese products, including laptops and cell phones, that had been scheduled to start next month, the Office of the U.S. Trade Representative said on Tuesday.
