ThinkstockBy: Dennis Kneale / FOXBusiness Some of the biggest brands in the world are paying to advertise on the digital-piracy Web sites that draw millions of consumers and gut the profits of Hollywood studios…
courtesy Boeing Co.American Airlines and U.S. Airways Group Inc. (NYSE: LCC) will combine in a merger worth $11 billion. AMR bondholders will own 72% of the combined business. U.S. Airways CEO Doug Parker will be…
ThinkstockAs if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro area and EU27 have fallen…
ThinkstockThe viability of SAC Capital Advisors as a large hedge operations was undercut by evidence that probably will show more traces of illegal behavior at the firm. Clients supposedly have started to pull out money…
ThinkstockAnheuser-Busch InBev N.V. (NYSE: BUD) may yet buy Mexican brewer Grupo Modelo, despite early resistance from the U.S. Department of Justice. To close a transaction, the larger company probably will offer terms that DOJ will find more…
courtesy of Time WarnerIf most of Time Inc., the world’s largest and most famous magazine publisher, may be sold, then so can any other pillar of old media. Rumors are that relatively tiny media…
ThinkstockRecessions are defined by most experts as two quarters of contraction of gross domestic product. Deep problems with national economic situations cannot be described quite as simply. Japanese GDP data just released showed that the…
wikimedia commonsForeclosure trends have continued to improve for homeowners with troubled loans, another sign that housing has begun to mend. Most recent information on the market that has been crippled since 2006 show things have started…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) founder Richard Schulze set an agreement with the troubled retailer’s board in August that would allow him to examine its financials with the goal of an…
TheDapperDan via Wikimedia CommonsEuropean Recession As if the news of economic contraction in Japan, Germany and France in the fourth quarter of last year was not bad enough, new data from Eurostat shows the euro…
Outerwall Inc.The German and French economies contracted in the final three months of 2012. (Reuters) The merger of American Airlines and U.S. Airways Group Inc. (NYSE: LCC) is approved by each company’s board. (Reuters)…
ThinkstockEconomic data issued by the Japanese government proved what many economists have feared. Japan, the world’s third largest nation by GDP, has gone into a recession, joining the largest area by GDP-the Eurozone. Add this to America, where…
courtesy of Apple Inc.The growth of mobile phone sales, so hot for so long, has cooled. Research firm Gartner reports that sales of these devices fell 1.7% to 1.75 billion in 2012. Maybe the…
ThinkstockFederal approval of the potential merger between U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR likely will hinge on what the carriers are willing to give up. Antitrust experts believe that the new company…
ThinkstockIn its February Oil Market Report, the International Energy Agency (IEA) burst the bubble created by the idea that a better economy will raise oil prices. The economy is not that much better, the…
courtesy U.S. State DepartmentU.S. Secretary of State John Kerry waded cautiously into the debate surrounding the planned Keystone XL oil pipeline during last week’s meetings with his Canadian counterpart. Supporters describe the project as…
ThinkstockAs Japan’s Prime Minister Shinzo Abe pressed the nation’s largest companies to raise the minimum wage, one reaction summed up the resistance likely to face a similar proposal by President Obama. Tadashi Okamura, chairman of…
Wikimedia CommonsIntel Corp.’s (NASDAQ: INTC) case that it can build a TV product, with new hardware and plenty of content, is based on the chip company’s plan to offer a better mouse trap for the…
courtesy Dell Inc.Michael Dell and some of his associates own 16% of Dell Inc.’s (NASDAQ: DELL) shares. This block has set a planned leveraged buyout (LBO). Southeastern Asset Management and T. Rowe Price, which together own…
ThinkstockMobile Phone Sales The growth of mobile phone sales, so hot for so long, has cooled. Research firm Gartner reports that sales of these devices fell 1.7% to 1.75 billion in 2012. Maybe the…