Comcast is buying DreamWorks Animation, the film company behind the “Shrek,” “Madagascar” and “Kung Fu Panda” franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children’s entertainment.
The U.S. government has closed an investigation into Honda’s failure to report deaths and injuries, saying that the company has met all of its obligations.
Newspaper publisher Gannett wants to buy Tribune Publishing for more than $815 million, a deal that would give the owner of USA Today control of the Los Angeles Times, Chicago Tribune and several other newspapers.
A rebound in the price of oil and natural gas helped drive sharp gains for energy and financial companies, nudging U.S. stocks mostly higher Friday.
Volkswagen, the U.S. government and private lawyers have reached a deal for the automaker to buy back some of the nearly 600,000 diesel cars that cheat on emissions tests and spend just over $1 billion to compensate owners, according to a person briefed on the matter.
Plans to build a $3.3 billion natural gas pipeline from New York into New England through western Massachusetts and southern New Hampshire have been suspended.
Wal-Mart is shrinking the number of board members to 12 from 15 as it looks to maximize its effectiveness amid an overhaul of its business.
Financial and energy companies led a modest increase in U.S. stocks Wednesday, giving the stock market its third gain in a row.
U.S. stocks sunk to their biggest loss in a month and a half Thursday as banks and technology companies tumbled. Interest rates moved lower, hurting financial stocks.
Pushing back against critics who argue he has backed too much stimulus, European Central Bank head Mario Draghi says the top monetary authority for the eurozone will do “whatever is needed” to lift dangerously low inflation.
Stocks closed mostly lower on Thursday, with chemicals and agricultural companies taking the largest losses.
The Obama administration is considering easing financial restrictions that prohibit U.S. dollars from being used in transactions with Iran, U.S. officials said. Angry lawmakers countered Tehran would be getting more than it deserves from last year’s nuclear accord.
U.S. stocks rose Wednesday as technology companies traded higher for the second day in a row and consumer companies gained steam as cruise lines rose.
Stocks ended pretty much where they started on Wall Street, leaving the market with a weekly loss for the first time since mid-February.
Hackers have stolen contact information of Verizon business customers in the latest breach of a big company or organization.