Economy

Fox Network Considers Purchasing Starz

Executives from 21st Century Fox and Starz met Tuesday to discuss a potential acquisition of the premium cable channel by Rupert Murdoch’s media conglomerate.

Stock Market News and Analysis: Dow Jones Jumps Over 150 Points After Positive Data

Dow ends 3-day slide Stocks pointed higher Wednesday and rallied up 150 points after positive new home sales news and Europe showing signs of more economic stimulus.

iOS 8 Updates, Bugs, and Fixes: Apple Pulls First Update After Reports of Serious Issues

iOS 8 update was supposed to fix previous bugs Apple released on Wednesday the first update to new operating system iOS 8, which came out to the public last week.

US New Homes Sales Reach Highest Level in Six Years

Numbers show that housing recovery continues New single-family home sales in the U. S. jumped last month to the highest level in more than six years, well outpacing economists' predictions.

Aircraft lessors wary as new rivals crowd into aviation

Aircraft leasing companies voiced confidence in steady jetliner demand, but warned new aviation investors that they may take a painful hit when central banks start unwinding their efforts to stimulate the economy.

Apple MacBook Rumors & News: New MacBook Air Could Release in 2015

Sources say the MacBook Air will have a redesigned exterior With last week's release, the technology industry has been sharply focused on the new Apple iPhone 6 and 6 Plus.

'The Lion King' Broadway Tickets 2014 & Disney Songs: Theater Gross Tops $6.2 Billion, Overtaking 'Phantom of the Opera'

Disney is no longer saying, "I just can't wait to be King," for it has become one. With over $6.2 billion in ticket sales worldwide, "The Lion King" has become the highest-grossing Broadway show in history, surpassing the longest-running show, "The Phantom of the Opera."

New York City Mayor Bill de Blasio Introduces Sweeping Plan to Reduce Greenhouse Emissions by 80 Percent by 2025

Before the People's Climate March on Sunday, New York Mayor Bill de Blasio announced a plan to commit the city to reducing greenhouse gas emissions by 80 percent in just 10 years with sweeping retrofits to public and private buildings.

Colorado Taco Cart Had Meth on Menu

Taco cart part of Colorado's largest meth bust in history Denver will be down a food truck after a taco cart operator, along with 16 others, were busted for selling methamphetamine in an international operation.

Cheap Gas Prices: Cost of Fuel Drops Significantly; Trend Expected to Continue in Winter Months

Gas prices could continue to fall a few more cents Gas prices hit their lowest levels since February, dropping almost 9 cents in the last two weeks through Friday Sept.

Alibaba and China's slowdown: James Saft

Is it a) funny, b) disturbing, or c) irrelevant that Alibaba went public at a sky-high valuation just at the point at which the red-hot economy which spawned it seems content to settle into a creaky middle age?

China September factory activity edges up on stronger orders but employment shrinks

Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else.

Facebook to introduce new advertising platform : WSJ

Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter.

GM Ignition Switch Recall: Car Company Now Blamed For 21 Deaths Due to Faulty Ignition Switch

Company has claimed just 13 of those deaths The number of deaths being blamed on a faulty ignition switch in vehicles made by General Motors has been increased to 21.

Immigration Reform Would Help US Economy, Says House Speaker John Boehner: 'Sooner We Do It, The Better'

The House of Representatives has not passed an immigration reform bill, but Speaker of the House John Boehner, R-OH, said legislation would help the country's economy.

Chrysler Recall 2014: 230,000 SUVS Affected Due to Faulty Fuel Pump

No accidents or injuries have happened due to fuel pump problem Chrysler Group is recalling 230,760 sport utility vehicles across the globe due to a faulty fuel pump that could cause some vehicles to stall or not start.

iPhone 6/6 Plus Price, Pre-Order & Release Date Sales 2014: 10 Million Devices Sold in Opening Weekend

Apple said they sold over 10 million iPhone 6 models in first weekend Just one weekend down for the iPhone 6 and already 10 million excited customers have the latest device, according to Apple.

Siemens in agreed $7.6 billion deal to buy Dresser-Rand

Industrial conglomerate Siemens AG SIEGn.DE said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc DRC.N for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America.

General Motors recalls cars over parking brake fire risk

U.S. car manufacturer General Motors Co is recalling hundreds of thousands of cars over a defect in the parking brake that could cause a fire, a letter by the top U.S. auto safety regulator showed.

Volkswagen seeks higher margins with China-only luxury sedan: sources

Volkswagen AG will launch a VW-badged luxury sedan designed solely for China next year in its pursuit of higher margins, said two people with knowledge of the plan, in a move that could put it in direct competition with its premium brand Audi.
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