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Walt Disney raises bid for Fox assets to $71.3 billion, adds cash

Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp's $65 billion offer last week.

Recent Business News

EU to impose duties on U.S. imports Friday after Trump tariffs

BRUSSELS The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.

8:50am EDT

After surrendering CSeries, Bombardier pushes regional plane revival

MONTREAL As Bombardier surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus , the Canadian company is now drawing up plans to breathe new life into its older regional planes.

8:38am EDT

Amazon, Berkshire, JPMorgan name Atul Gawande CEO of healthcare venture

Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co on Wednesday named Atul Gawande as the chief executive officer of their health venture.

9:51am EDT

Sorrell's heir apparent flags need for radical change at WPP

CANNES, France WPP needs radical change to stay ahead of the digital revolution reshaping the industry and its clients, the man now steering the world's largest advertising group said.

9:53am EDT

Starbucks sales forecast raises questions about China, U.S. growth

Starbucks Corp shares fell 4 percent on Wednesday after a dim sales forecast from the U.S. coffee chain prompted Wall Street analysts to question the sustainability of its growth at home and next biggest market China.

8:35am EDT

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