General Electric just snagged Lufkin Industries for $3.3 billion -- a move that morphs the Dow component into an energy services force to be reckoned with. More
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Worst Company in America: The Final Four
It's down to the final four in the The Consumerist's contest for the worst company in America. Electronic Arts faces Ticketmaster, and Comcast is up against BofA! More
Expect Disney to Keep Trimming the Fat
Walt Disney (NYSE:DIS) CEO Bob Iger is reportedly about to take a much-needed axe to the media conglomerate’s bloated payroll, which has swelled in recent years following its $8 billion acquisition spree since 2009 that has added Marvel Entertainment and LucasFilms. Reports indicate that the layoffs are going to hit the movie studio — which... More
Why Comcast Shouldn’t Fire Stephen Burke
Sure, NBC is a bit of a mess lately. But it's only a small portion of Comcast's enormous business. More
TV Networks Fail to Shut Aereo Down
An appeals court has rejected a bid by major TV broadcasters to shut down streaming TV service Aereo while its legality is considered by the courts. More
Comcast Makes Calculated Bet on Online News
Comcast's NBC recently announced that it is beefing up its original reporting for NBCNew.com -- a move that looks promising for the parent company. More
CEO: GE Won’t Rule Out a GE Capital Spinoff
General Electric CEO Jeffrey Immelt told attendees at an industry conference that GE could potentially spin off GE Capital under the right circumstances. More
