Charter Communications Inc. is moving quickly and aggressively to transform itself into one of the nation's most powerful Internet service and pay-television providers, one that also sees benefits in the growing use of online streaming services such as Netflix.
The last time Time Warner Cable was part of a proposed major corporate merger, objections by federal regulators helped scuttle the proposed acquisition of the company by Comcast Corp.
Charter Communications has reeled in its big prize, agreeing to purchase Time Warner Cable in a blockbuster deal that would make it the largest pay-TV provider in Southern California.
Federal Reserve Chairwoman Janet L. Yellen said Friday that she expected the central bank to increase its benchmark short-term interest rate this year if the economy continues to improve.
Inflation increased slightly in April as energy prices remained low and costs for groceries, clothing and airfares declined, the Labor Department said Friday.
WASHINGTON — The Republican-controlled Senate took its first step toward fulfilling a GOP promise to roll back key parts of the sweeping 2010 law that overhauled financial industry regulations and oversight.
They called themselves the Cartel, and that turned out to be an appropriate name.
Citicorp, JP Morgan Chase & Co., and three other global banking giants have agreed to plead guilty to U.S. felony charges for rigging foreign currency exchange rates and pay a total of nearly $5.7 billion in fines as part of settlements announced Wednesday by U.S. and European officials.