Comcast-Disney fight highlights shifting media landscapeThat didn't take long. A day after a federal judge cleared the way for AT&T's takeover of Time Warner, Comcast made a bold all-cash $65 billion offer for Fox assets, setting up a clash with Disney...
Weak pay growth puzzles Fed chief, just like everyone elseHalfway through a news conference Wednesday, the head of the world's most powerful central bank was asked a question weighing on the minds — and the checking accounts — of Americans everywhere: When w...
Who’s that selling steaks off a truck? It’s AmazonDonna Brunswick drove to a Costco last month to pick up 2 pounds of raw flank steak — not at the wholesale club, but from a truck in the parking lot. "Typically you wouldn't buy meat off a random truc...
China steel output jumps to record despite smog campaignChina's steel output surged to a record in May as mills ramped up production to chase fat profit margins, with a strong outlook for demand likely to keep mills running at nearly full capacity for the...
Microsoft takes aim at Amazon with push for checkout-free retailMicrosoft Corp is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon.com Inc's automated grocery shop, six people familiar with the ma...
Musk’s Boring Company wins bid to build high-speed system in ChicagoThe City of Chicago has selected billionaire entrepreneur Elon Musk's The Boring Company to build a high-speed underground commuter system from the Loop to O'Hare International Airport, one of the wor...