business

Time Warner Deal: 21st Century Fox Nixes $80 Billion Bid From Rupert Murdoch

The $80 billion bid on Time Warner Inc. made by 21st Century Fox in recent weeks has been rebuffed. The $80 billion bid on Time Warner Inc. made by 21st Century Fox in recent weeks has been rebuffed.

Seattle's Minimum Wage Increase Receives Pressure From 'Forward Seattle' Business Coalition

Following the decision by Seattle's Democrat-controlled City Council to increase the city's minimum wage to $15 an hour last month, several Seattle businesses banded together to repeal the newly enacted law.

Puerto Rico News: Senior Citizens Lose Free Movie, Sporting Event Privileges Due to Bad Economy

Elderly people in Puerto Rico are going to have to start paying for leisure activities. Gov. Alejandro Garcia Padilla signed a law Thursday that eliminates the free passes to those who are 75 and up at public events.

Is It Open on the Fourth of July? What You Need to Know About Post Offices, Malls and More

Some businesses are open, others are closed The Fourth of July is America's Birthday and many Americans are with their families or taking vacations, but what about businesses and stores? Are they open or closed today? Mail Services There will be no mail delivery on the Fourth.

Jobs & Hiring Online: US Economy Grows in June; 288,000 New Jobs Added

Unemployment dropped to 6.1 percent, numbers not seen since 2008. The U. S. economy has seen unprecedented job growth this year and that will benefit both the economy and the unemployed if the trend continues.

JP Morgan 2014: Chairman and CEO Jamie Dimon Diagnosed with Cancer; How Will This Affect the Company?

Chairman and Chief Executive J.P. Morgan Chase & Co., Jamie Dimon, told shareholders and employees Tuesday that he has been diagnosed with throat cancer.

Stock Market News and Updates: Dow Jones Eyeing 17,000; Q3 Outlook Positive

Dow within two points of 17,000. Stocks jumped higher Tuesday thanks to promising numbers from U. S. manufacturers and better-than-expected sales by U.

Stocks Close Higher, Analysts Suggest Bull Market: Company Stocks Info From Nike, Microsoft and More

Dow ticks up slightly, and Nike rises after quarterly results beat expectations. Stocks ended the week in positive territory, eliminating the weekly loss for the Dow Jones industrial average thanks in part to Nike reporting better-than-expected quarterly results.

Bias in Banking: Minority Business Owners Suffer More Scrutiny, Offered Less Help

When Latino and black entrepreneurs enter banks to secure a loan to jumpstart their small businesses, they are given less information, asked more questions regarding their personal finances, and are offered less help with their application than white loan applicants.

Stocks Rebound on Wednesday; Investors Confident in Second Quarter Numbers

Wednesday report shows expansion in service sector. Stocks recorded positive gains Wednesday after a report showing expansion in the service sector created an uptick in the major stock indices.

AT&T, DirecTV CEOs to Congress: $48.5B Merger Won't Guarantee Lower Prices

Executives representing AT&T and DirecTV were grilled by members of congress on Tuesday when they proposed a $48.5 billion merger that Democratic critics and public interest groups fear will result in higher costs and less competition.

Friday Market Recap: Stocks End the Week in the Positive, More Record Closes for S&P and Dow

Wall Street reacts to comments from Yellen, sending stocks higher. Another week ends, meaning another week of gains and record-setting levels for the Dow Jones and the S&P 500.

Spanish-Language Broadcast Television Network Univisión Could Be Sold for $20 Billion

Univisión' may be up for sale. As rumor has it, Univisión's private equity owners have been in talks with numerous major media companies, such as CBS Corp. and Time Warner, to sell for more than $20 billion.

Top 2014 Electric Cars Tesla: Company Opens Patents to Public; Could It Encourage Invention?

Tesla hopes to encourage innovation and lure more people towards the electric car market. Tesla continues to break away from the norm and encourage innovation within itself and others.

Business News 2014: Stocks Decline Again; Iraq, Oil Concerns Cause 100-Point Drop in Dow

Tension in Iraq rises, Dow drops again. Investors were eyeing tensions in Iraq and rising oil prices Thursday. That caused stocks to drop sharply in late-day trading.

California Lawmakers Create Incentives to Get Tesla Motors Gigafactory

In a last-ditch effort to get Tesla Motors to open their much-anticipated electric-car battery factory in California, the state's lawmakers along with the governor's office are making the company an offer they hope it won't refuse.

GM Performance News: Car Sales Soar in May; GM Avoids Fallout From Recalls

GM has best month of sales since August 2008 Good weather, an extra weekend and high demand for SUVs and pickup trucks contributed to U. S. auto sales having their best month in seven years in May.

One World Trade Center Slashes Rents Prices Due to Low Demand

Only 55 percent of 1,776 foot tower is leased. Scheduled to open before the end of the year, One World Trade Center in Lower Manhattan is only 55 percent leased.

Pilgrim's Pride Offers to Buy Hillshire for Over $5.5B

Deal will create a "protein-focused" company. Chicken producer Pilgrim's Pride is offering $5. 58 billion to acquire Hillshire, another meat company.

Disneyland Parks to Increase Ticket Prices of Single-Day Passes

Walt Disney Co. just increased the price of happiness as summer begins. Walt Disney Co. just increased the price of happiness as summer begins. The multinational media company raised the price of admission to its Disneyland theme parks, known as the "happiest place on earth," to $96, a 4 percent bump from the $92 price it set last year, according to The Los Angeles Times.

US Homebuilding Increases 13.2 Percent in April Despite Harsh Weather Across Nation

The Commerce Department said Friday that construction began on more than 1.07 million homes in April, at a rate 13.2 percent higher than in March.