Money

admin November 9, 2017

Amid antitrust concerns over a potential merger between AT&T and Time Warner, a controversy has erupted over whether AT&T would have to sell off CNN to sidestep those concerns. According to U.S. Department of Justice officials, AT&T offered just days ago to divest from CNN and later sell the news network. But the chairman and […]

admin November 8, 2017

Interested in Stock Market? Add Stock Market as an interest to stay up to date on the latest Stock Market news, video, and analysis from ABC News. U.S. stocks are lower in Wednesday morning trading as falling interest rates continue to put pressure on banks, and technology and energy companies also move lower. For the […]

admin November 8, 2017

Forbes reported Tuesday that Commerce Secretary Wilbur Ross exaggerated his net worth to the magazine by $2 billion. The publication cited years of internal reporting notes and conversations with Ross, an investor who has been described as “the king of bankruptcy” for buying beaten-down companies with the potential to deliver profits. Forbes estimated Ross to […]

admin November 7, 2017

U.S. stocks edged higher Tuesday morning as health care companies and banks made modest gains. Oil prices also held steady after they jumped to two-year highs a day ago. Investors are focused on company earnings, with travel booking sites Priceline and TripAdvisor taking steep losses. KEEPING SCORE: The Standard & Poor’s 500 index rose 4 […]

admin November 7, 2017

Asian stocks rose Tuesday after Wall Street posted modest gains on deal reports and turmoil in Saudi Arabia sent crude prices surging. KEEPING SCORE: Tokyo’s Nikkei 225 rose 0.8 percent to 22,729.23 and the Shanghai Composite Index advanced 0.6 percent to 3,406.57. Hong Kong’s Hang Seng gained 0.9 percent to 28,868.82 and Sydney’s S&P-ASX 200 […]

admin November 6, 2017

Uber is pledging $5 million over the next five years to seven organizations that work to prevent sexual assaults, a move aimed at helping the ride-hailing service combat its own problems as well as society as a whole. The world’s largest ride-hailing company says the money will help the organizations fund their own programs as […]

admin November 6, 2017

Another spurt higher for Apple and other technology stocks helped the Standard & Poor’s 500 set a new record on Friday, and the index closed out an eighth straight week of gains. It was another mostly calm day for markets after a report showed that the U.S. job market strengthened last month, though not by […]

admin November 5, 2017

American families may find themselves confused by the GOP tax proposal unveiled this week. Proponents say they win, critics say they lose and much of it may change when and if it becomes law. So what should you know if you have kids? The exact impact on your tax bill is going to be highly […]

admin November 5, 2017

BMW is recalling more than 1 million cars and SUVs in two U.S. recalls due to the risk of fires under the hood, and it’s recommending that they be parked outdoors until repairs are made. A spokesman for the German automaker says the risk of fire is very low in both cases, but the vehicles […]

admin November 4, 2017

Transcript for BMW recalls a million vehicles The luxury carmaker BMW is announcing a major recall, a million cars and SUVs with owners being told to park them outside. Due to the risk of fires under the hood and it’s affecting a number of models. Adrienne has the details. The national highway traffic safety admission […]

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