AT&T Inc is in advanced discussions to acquire Time Warner Inc , sources said on Friday, a deal that would give the telecom company control of cable channel HBO, the CNN news network, film studio Warner Bros and other media assets.
Recent Business News
New York Governor Andrew Cuomo approved legislation on Friday that would place new regulations on online home rental companies like Airbnb.
NEW YORK The strength of Amazon.com Inc's nearly 75 percent rally since February may depend on how many more brown cardboard boxes end up on the doorsteps of U.S. consumers this fall.
NEW YORK The New York Federal Reserve on Friday downgraded its forecasts on U.S. economic growth in the second half of 2016 following data on regional business activities in October and a steep drop in housing starts last month.
PayPal Holdings Inc said on Friday that it has experienced some service disruptions due to the cyber attack on Dyn that caused Internet outages for its customers.
NEW YORK A group of SunEdison Inc lenders took control of the renewable energy developer after inking a "sweetheart deal" to try to save their investment as the company approached bankruptcy, hurting other creditors, according to a lawsuit filed late Thursday in U.S. bankruptcy court.