Business
News Corp. OKs poison pill, buyback before split
News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete. The New York-based media conglomerate also ...
FDA warns of infections tied to Tennessee pharmacy
Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy. The Food and Drug Administration said Friday the problems involve seven patients who received steroid injections from Main Street Family Pharmacy, a compounding pharmacy in Newbern, Tenn. ...
Barrick fined $16m for Pascua-Lama violations
Chile's environmental regulator blocked Barrick Gold Corp.'s $8.5 billion Pascua-Lama project on Friday and imposed its maximum fine on the world's largest gold miner, citing "very serious" violations of its environmental permit as well as a failure by the company to accurately describe what it had done wrong. After a ...
Britain Braces for Possible Copycat Attacks
Britain is bracing for clashes with right-wing activists and possible copycat terror attacks by Islamic extremists after the savage slaying of a young soldier. His grieving widow spoke Friday of their loss. (May 24)
Britain Braces for Possible Copycat Attacks
Britain is bracing for clashes with right-wing activists and possible copycat terror attacks by Islamic extremists after the savage slaying of a young soldier. His grieving widow spoke Friday of their loss. (May 24)
Schumer urges look at security in Sprint deal
Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking. The New York Democrat sent letters Friday to ...
Major Detours Following Wash. Bridge Collapse
A truck hauling an oversized load of drilling equipment hit an overhead bridge girder on the major route between Seattle and Canada, sending a section of the interstate into the river below. (May 24)
Stocks barely budge; market ends week with loss
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. The Standard & Poor's 500 index dropped 0.91 of a point to close at 1,649.60. The Dow Jones industrial average rose 8.60 points to 15,303, a gain of 0.1 percent. Procter & Gamble supported ...
Netflix looks to hook subscribers with 'Arrested'
Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service. The award-winning show about the dysfunctional Bluth family returns Sunday, seven years after Fox cancelled the series. The revival coincides with Netflix's own resounding comeback from a customer ...
Delta ups the ante in battle for NY travel market
Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following. The airline opened a sprawling $1.4 billion terminal at Kennedy Airport Friday, a facility more suitable to the high-paying passengers it is trying to attract. The 346,000-square-foot ...
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