February, 28, 2018|

Comcast Takes on Murdoch

Comcast Corp. has launched a $31-billion bid to acquire European pay-tv provider Sky in an aggressive move to wrest the service away from Rupert Murdoch's 21st Century Fox — and the Walt Disney Co. Comcast, which owns NBCUniversal, is largely based in the U.S., but it wants to expand its international portfolio...

ATT Versus FTC

February, 27, 2018|

AT&T’s Battle Versus the FTC

AT&T's years-long quest to avoid punishment for throttling unlimited data plans suffered a blow today when a court said that AT&T cannot escape the jurisdiction of the Federal Trade Commission. The FTC sued AT&T in October 2014 in US District Court in Northern California, alleging that AT&T promised unlimited data to wireless customers and then throttled its speeds by as much as 90 percent...

Public-Employee Unions Face Supreme Court

February, 26, 2018|

Power of the Court

Public-employee unions face a reckoning Monday when the Supreme Court hears a long-anticipated lawsuit seeking to strip them of the power to bill collective-bargaining costs to employees who don’t want to pay. The case arrives at the court as a dispute between a state employee in Springfield, Ill., and the union that represents his bargaining unit over a $45 monthly payroll deduction...

Airbnb Growing

February, 23, 2018|

Airbnb Upgrade

Airbnb Inc., looking to solidify sales ahead of an initial public offering expected as soon as next year, is adding more hotels to its site, along with a loyalty program and new tiers of listings that include luxury and more budget-friendly offerings....

February, 22, 2018|

Danielle DiMartino Booth

After ten years, is the time finally upon us? We will soon enough know. Today marks the first Minutes release that carries the promise of cleanliness. As I’ve written to on multiple occasions, in disapproval mind you, in 2008, Janet Yellen suggested that the FOMC Meeting Minutes be manipulated to massage the intended message the FOMC should have conveyed...

What’s Next for Qualcomm?

February, 21, 2018|

Qualcomm Raises Bid

U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share from $110, after being pressured by shareholders led by activist hedge fund Elliott Management Corp...


February, 20, 2018|

Russia Probe Sparks Criticism of Facebook

Facebook Inc. is contending with a new wave of criticism prompted by the U.S. indictment alleging that Russia manipulated social-media platforms—and by a Facebook executive’s attempts to address the issue...

Nestle Losing Market Share

February, 16, 2018|

Nestle Melting Away

Sluggish U.S. demand held Nestle SA to its slowest sales growth in decades last year, underscoring the challenge facing the Swiss company as it tries to recast itself as a nimble provider of healthy food and drinks...