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Disney hikes bid for Fox assets to $71.3 billion, tops Comcast

Walt Disney Co raised its bid for the bulk of Twenty-First Century Fox Inc's film and television assets to $71.3 billion on Wednesday, sweetening its deal with cash as it looks to upend Comcast Corp's $65 billion offer. | Video

Recent Business News

U.S. court revives Dr Pepper challenge to Coca-Cola 'zero' drinks

A U.S. appeals court on Wednesday revived Dr Pepper Snapple Group Inc's challenge to Coca-Cola Co's effort to register trademarks for soft drinks and sports drinks whose names contain the word "zero."

2:47pm EDT

Micron reports 40 percent jump in quarterly sales

Chipmaker Micron Technology Inc reported a 40 percent jump in quarterly sales on Wednesday, driven by strong demand for its memory chips used in computers and smartphones.

4:08pm EDT

U.S. lawmakers want Google to reconsider links to China's Huawei

WASHINGTON A group of Republican and Democratic U.S. lawmakers asked Alphabet Inc's Google on Wednesday to reconsider its work with Chinese telecommunications firm Huawei Technologies Co Ltd [HWT.UL], which they described as a security threat.

Boeing targets 2025 for new jet but won't rush decision

PARIS The head of Boeing jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision.

1:15pm EDT

For OPEC, oil tariff spat is short-term gain, long-term pain

VIENNA OPEC, which has lost Chinese market share to U.S. oil producers, should in theory view a tariff spat between Beijing and Washington as a boon.

11:41am EDT

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