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Updated: 2 days 5 hours ago

Intense Lobbying Failed to Assure Comcast’s Deal

Fri, 04/24/2015 - 20:02
Congress has no direct power to approve or disapprove any merger, but endorsements can send a subtle but important message to regulators that the deal is in the public interest and should be cleared.






Categories: Business News

Comcast Withdraws Purchase Bid, but It Isn’t Going Anywhere

Fri, 04/24/2015 - 19:53
Comcast suffered a setback as it canceled its offer for Time Warner Cable, but the executive at the company’s helm will likely continue in his father’s footsteps as a daring deal maker.






Categories: Business News

To Lure Back Young Shoppers, Abercrombie Puts On a Shirt

Fri, 04/24/2015 - 19:32
In an effort to revamp its image and become relevant again to teenage shoppers, Abercrombie & Fitch will stop using shirtless models in stores, in ads and on shopping bags, the retailer said.






Categories: Business News

Brian Williams Inquiry Is Said to Expand

Fri, 04/24/2015 - 18:31
An internal inquiry is examining a half-dozen instances in which Mr. Williams is thought to have embellished his accounts, including an episode involving statements he made about events in Cairo during the Arab Spring.






Categories: Business News

Business Briefing: Pepsi Drops Aspartame From Diet Pepsi Varieties

Fri, 04/24/2015 - 17:48
Driving the decision is the fact that Americans are losing their taste for diet sodas and the perception by consumers that the sweetener is not safe.






Categories: Business News

Deutsche Bank to Shed Postbank Branch Network

Fri, 04/24/2015 - 17:06
The decision marks a retreat from the bank’s ambition to serve residents of small towns in Germany as well as hedge funds on Wall Street.






Categories: Business News

Deal Professor: The Unintended Twist of Tax Inversions

Fri, 04/24/2015 - 16:41
Mylan and Perrigo reincorporated overseas to lower their tax bills, but the move opened them up to unsolicited takeovers.
Categories: Business News

Jake Tapper Is Named Host of CNN’s ‘State of the Union’

Fri, 04/24/2015 - 16:21
Mr. Tapper is the latest new face to join the Sunday morning news shows.






Categories: Business News

G.M. Paid Mary Barra $16.2 Million in 2014, Despite Recalls

Fri, 04/24/2015 - 15:57
The hefty pay package reflected strong sales and was less than that of chief executives at rival domestic automakers.






Categories: Business News

Spanx Tries to Loosen Up Its Image

Fri, 04/24/2015 - 15:44
The Spanx line of figure-sculpting bras and bodysuits aims to stay relevant as women increasingly embrace their curves and bumps.






Categories: Business News

Orders of Durable Goods Rise, but Report Shows Drop in Investment

Fri, 04/24/2015 - 14:33
Excluding rising demand for commercial aircraft, orders for long-lasting manufactured goods fell for a sixth straight month.






Categories: Business News

Wynn Resorts Shareholders Back Move to Remove Elaine Wynn From Board

Fri, 04/24/2015 - 14:25
The vote ended the most public and awkward proxy battle in the company’s 13-year history.






Categories: Business News

The Airline Industry Posts a Giddy First Quarter

Fri, 04/24/2015 - 14:18
One major air carrier after another has reported record profits, the result of lower fuel prices and strong demand for domestic air travel.






Categories: Business News

Breakingviews: Google’s Eric Schmidt Plays the Adult in D.E. Shaw Investment

Fri, 04/24/2015 - 14:00
The Google executive chairman makes a big bet that is far afield from the frivolity of, say, a sports team investment like Steve Ballmer’s.
Categories: Business News

Mylan Raises Its Offer for Perrigo, Which Rejects It

Fri, 04/24/2015 - 11:43
The drug maker increased its bid to $33 billion as it sought to fend off an unsolicited takeover offer from the Israeli pharmaceutical company Teva.






Categories: Business News

Robotica Episode 1: Cheaper Robots, Fewer Workers

Fri, 04/24/2015 - 11:42
This is the first episode in a Bits video series that examines how robots are poised to change the way we do business and conduct our daily lives.






Categories: Business News

As Cognitivity Slips, Financial Skills Are Often the First to Go

Fri, 04/24/2015 - 10:30
Studies show that the ability to perform math problems, as well as handling money matters, are typically one of the first skills to decline in diseases like Alzheimer’s.






Categories: Business News

Your Money: Navigating the Thickets of Student Loan Counseling

Fri, 04/24/2015 - 10:24
Studies show that the required counseling given to incoming college students often is dense, confusing and completed at the busiest time of the year.






Categories: Business News

Wealth Matters: Noninvasive Cosmetic Surgery Can Deliver Confidence, at a Cost

Fri, 04/24/2015 - 09:23
People are spending thousands of dollars to look better, believing that minor work will improve their careers and their self-image.






Categories: Business News

Eurozone Ministers Admonish Greece for Slow Progress on Overhauls

Fri, 04/24/2015 - 09:03
Finance leaders criticized Athens for moving too slowly to improve the economy, steps they see as necessary to avoid a default.
Categories: Business News