Pay-television leader Comcast Corp. withdrew its $45-billion bid for Time Warner Cable Inc. in the face of a long fight with federal regulators, sending the smaller cable firm on its own in a churning marketplace without the heft it had sought in a merger.
The U.S. Labor Department will not investigate allegations that Southern California Edison Co. abused a popular visa program for skilled foreign workers, according to senators who requested the probe.
Google Inc. changed the way people surf the Internet. Now the search giant is trying to make waves in the wireless world.
A top Federal Reserve policymaker said Monday that he was hopeful the central bank will raise its benchmark short-term interest rate this year despite recent weak economic data.
Despite optimistic talk from Democrats and Republicans about overhauling the tax code, General Electric Co. recently showed that corporate executives aren't holding their breath for a bipartisan deal any time soon.
Inflation edged up in March for the second straight month as gas prices continued to rebound after their steep drop.
Former Federal Reserve Chairman Ben S. Bernanke will work as advisor to a leading hedge fund, becoming another onetime Washington official to move into the high-paying financial industry.
Like other U.S. high-tech titans, Google Inc. is learning that doing business in Europe is no vacation.