| Oct 18, 2013
| 2:19 PM
This post has been corrected. See note at bottom for details.
Maybe you’ve heard about the beloved local ice cream company that’s been forced to close its doors because of Obamacare?
Earlier this week, Newt Gingrich shared the dreadful...
| Oct 18, 2013
| 4:58 PM
Occidental Petroleum Corp. is selling off a minority stake in Middle East and North Africa oil fields along with other assets in an effort to boost value for shareholders.
The Westwood oil and gas giant said those decisions come as part of a push to...
| Oct 17, 2013
| 4:57 PM
Cinedigm Corp. said it has agreed to acquire the entertainment assets of Gaiam Inc., a leading distributor of home entertainment brands and content, for $51.5 million.
The acquisition, the largest to date for Cinedigm, is the latest move by the...
| Oct 9, 2013
| 2:29 PM
There wasn't much to rave about on the first day of trading for electronic dance music promoter SFX Entertainment Inc.
Shares of SFX, founded by entertainment entrepreneur Robert F.X. Sillerman, fell $1.11, or 8.5%, to $11.89 on Wednesday, after its...
| Oct 1, 2013
| 2:43 PM
Cross Texas off the list of states that oppose the merger of American Airlines and US Airways.
Texas was one of seven states that had joined the U.S. Department of Justice and the District of Columbia in filing a suit to block the airlines from...
| Sep 23, 2013
| 8:38 AM
Facing a lawsuit by the U.S. Department of Justice, the parent companies of American Airlines and US Airways have agreed to extend their merger plans for an extra month.
The expiration date to merge the airlines to create the nation's largest airline...
| Sep 1, 2013
| 5:15 PM
More than 25 years ago, Stanford University petroleum engineering graduates Halbert S. Washburn and Randall H. Breitenbach had a brainstorm.
The major U.S. oil companies were abandoning oil fields nationwide for cheaper crude opportunities abroad. Why...
| Sep 12, 2013
| 12:07 PM
A bankruptcy judge in New York has endorsed a plan to merge American Airlines and US Airways, pending the outcome of a legal challenge by the U.S. Department of Justice.
Judge Sean Lane approved the merger plan Thursday at a hearing in U.S. bankruptcy...
| Aug 16, 2013
| 12:27 PM
Comcast Corp. has increased the salary of NBCUniversal Chief Executive Steve Burke and extended his tenure through August 2018.
The Philadelphia-based cable TV giant on Friday said it has extended Burke's employment contract for five years and provided...
| Sep 9, 2013
| 12:26 PM
After scratching plans to buy the Los Angeles Times and other Tribune Co. newspapers, billionaire industrialists Charles and David Koch have agreed to buy Molex Inc., a maker of electronic connectors used by several companies, including Apple Inc.
| Sep 4, 2013
| 3:17 PM
Dial Global, the New York-based radio programming company, has changed its name to WestwoodOne, reviving the better-known brand.
WestwoodOne, which Dial Global bought in 2011, was one of the most recognizable names in the radio industry for decades....