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U.S. tech titans lead legal brief against Trump travel ban

February 7, 2017 by · Leave a Comment 

The companies – including Apple Inc , Google Inc and Microsoft Corp – banded together late on Sunday to file a “friend-of-the-court” brief with the 9th U.S. Circuit Court of Appeals in San Francisco.

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U.S. tech titans lead legal brief against Trump travel ban

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Sumner Redstone to step down from Viacom board

December 16, 2016 by · Leave a Comment 

Controlling shareholder Sumner Redstone will step down from the Viacom board of directors after the company's annual meeting in February, according to a company filing on Friday. The ailing, 93-year old Redstone, who has not attended an annual investor meeting since 2014, will continue to participate in meetings in a “non-voting” role, according to the filing. It was Redstone's decision to step down, according to a source familiar with the situation, who did not want to be named because discussions were private.

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Sumner Redstone to step down from Viacom board

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U.S. jobless rate falls to nine-year low, payrolls rise

December 3, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month. The unemployment rate hit its lowest level since August 2007 because more people found work but also because the labor force shrank as more people retired, lowering the number of working-age people in the labor force to 62.7 percent. Economists had forecast payrolls rising by 175,000 last month and the unemployment …

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U.S. jobless rate falls to nine-year low, payrolls rise

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AT&T signs on Fox for DirectTV Now

November 22, 2016 by · Leave a Comment 

(Reuters) – AT&T has signed a deal with Fox Networks Group to continue showing its networks across its offerings including its online video service, DirectTV Now, the two companies announced on Monday.

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AT&T signs on Fox for DirectTV Now

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U.S. sues DirecTV for illegal information trading during Dodgers talks

November 2, 2016 by · Leave a Comment 

The U.S. Justice Department filed a lawsuit on Wednesday against DirecTV, alleging the company acted as a ringleader to unlawfully swap information with rival pay-TV companies during negotiations over whether to show Dodgers baseball games in the Los Angeles area. The department said DirecTV, now owned by AT&T , swapped information with Cox Communications, Charter Communications and AT&T, to win bargaining leverage against Time Warner Cable, which distributes a channel showing Dodgers games in Los Angeles.

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U.S. sues DirecTV for illegal information trading during Dodgers talks

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Apple’s holiday surprise: big sales, not so big profits

October 26, 2016 by · Leave a Comment 

Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. “In essence, in China and elsewhere, while Apple’s

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Apple’s holiday surprise: big sales, not so big profits

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U.S. import prices post first drop in six months, but trend improving

September 14, 2016 by · Leave a Comment 

U.S. import prices fell for the first time in six months in August on weak petroleum and food costs, but the declining trend is slowing as oil prices stabilize and

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U.S. import prices post first drop in six months, but trend improving

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U.S. import prices post first drop in six months, but trend improving

September 14, 2016 by · Leave a Comment 

U.S. import prices fell for the first time in six months in August on weak petroleum and food costs, but the declining trend is slowing as oil prices stabilize and the dollar's rally fades. Import prices slipped 0.2 percent last month after gaining 0.1 percent in July. August's drop was the first since February and was led by a 2.8 percent decline in petroleum prices.

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U.S. import prices post first drop in six months, but trend improving

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Redstone granddaughter agrees to case dismissal, helps broader deal

August 27, 2016 by · Leave a Comment 

The granddaughter of Viacom Inc's controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media empire. …

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Redstone granddaughter agrees to case dismissal, helps broader deal

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Credit Suisse to create U.S. banking business for billionaire

July 29, 2016 by · Leave a Comment 

Credit Suisse Group AG , which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires. Switzerland's second-biggest bank has hired Charlie Buckley from rival UBS Group AG to work with

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Credit Suisse to create U.S. banking business for billionaire

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