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Buyers circle suddenly attractive U.S. media companies

WASHINGTON All of a sudden, it seems, everybody wants to own a U.S. media company. | Video

Recent Business News

Apple pushes launch of HomePod smart speaker to early 2018

SAN FRANCISCO Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive.

2:59pm EST

U.S. rejects Ford petition to delay recall of three million vehicles

WASHINGTON The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentially defective air bag inflators to conduct additional testing.

7:34pm EST

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars. | Video

1:57pm EST

Reuters poll: Major U.S. tax cuts not likely this year - economists

BENGALURU U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical that the legislation would provide a significant boost to the economy.

12:20pm EST

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

TOKYO Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.

10:49am EST


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