The boards of CBS Corp. and Viacom Inc. Opens a New Window. said Tuesday they reached a definitive agreement on their long-awaited merger, which will form a $28 billion entertainment company controlled by the Redstone family’s National Amusements Inc.
State governments can benefit greatly from an influx of movers – enjoying everything from increased tax revenues to new business activity.
Elon Musk’s SpaceX is spreading its wings in Florida so it can launch more space missions for its reuseable Starship rocket. Reuters reported the details after viewing the plans.
Surging health care stocks lifted the Dow Jones Industrial Average on Thursday above 27,000 for the first time as the White House backtracked on a proposed rule to eliminate rebates that flow from drugmakers to middleman pharmacy benefit managers.
Former Vice President Joe Biden promised to bring back the individual mandate, a tenet of the Obama-era Affordable Care Act that required Americans to either purchase health insurance or face a financial penalty, if he wins the 2020 presidential election.
Toys R Us is expected to reopen stores just in time for the 2019 holiday season.
The U.S. economy grew more quickly than most economists expected during the first quarter of 2019, according to data released Friday by the Commerce Department.
Tesla’s revised Supercharger price comes to a national average of $0.28 per kWh, three cents lower than the initially planned $0.31, following an outcry by Tesla owners, energy technology website Electrek reported. Based on average prices, a fill-up and a charge are nearly equivalent in cost, running $27 and $28 respectively. (At $0.31, charging would have been $31.)
U.S. stocks on Monday fell hard, extending last week’s big sell-off amid investor concerns about a meeting of top financial leaders dubbed the “Plunge Protection Team.”
U.S. employers added 155,000 jobs in November, missing Wall Street’s expectations for an increase of 200,000 jobs, after an already rocky week for stocks exacerbated on Thursday by investor fears that a U.S-China trade deal could be reneged amid newly inflamed tensions.
U.S. stocks sold off across the board on Tuesday with the Dow Jones Industrial Average falling over 500 points.
With a strong economy and more than 179 million Americans expected to partake in Halloween celebrations this year, consumer spending is expected to reach record highs once again.
The United States and Canada confirmed Sunday they had reached a deal on a “new, modernized trade agreement,” which is designed to replace the 1994 NAFTA pact.
Starbucks will close all of its more than 8,000 U.S. stores for a portion of Tuesday afternoon so its employees can undergo racial bias and sensitivity training in the wake of a confrontation with two black customers at one of its Philadelphia locations.
The U.S. Embassy in Israel officially opens on Monday in Jerusalem – a location which has been at the epicenter of tensions between Israelis and Palestinians, as both claim the holy city as their capital – coinciding with the nation’s 70th anniversary.
Job growth accelerated in April, cutting the nation’s jobless rate as U.S. employers added 164,000 jobs compared to the revised 135,000 in March.
U.S. stocks surged Tuesday following a speech by Chinese President Xi Jinping in which he said he would open the country’s economy and lower import tariffs on products, including cars.