By Scott Cendrowski, reporterAugust 30, 2010: 7:00 AM ET FORTUNE — Even in the age of DVRs and Hulu, live sporting events like the Super Bowl produce ratings bonanzas. But these days sports divisions at the four major networks confront a future in which viewers — and advertisers — move ...
By Ben Rooney, staff reporterAugust 27, 2010: 7:27 PM ET NEW YORK (CNNMoney.com) — The U.S. Justice Department said Friday that it has closed an investigation into the proposed merger of United and Continental, paving the way for the airlines to unite later this year. The $3.2 billion merger, which ...
By Kit R. Roane, contributorAugust 27, 2010: 5:52 AM ET FORTUNE — For a promotion and entertainment company, Live Nation has had a tough time doing either with much success. Instead, over the last year, it’s been battered by regulators, goaded by class action lawyers, sued by rock stars, virtually ...
McCue at Flipboard’s Palo Alto officesBy Michael V. Copeland, senior writerAugust 26, 2010: 5:56 AM ET FORTUNE — Mike McCue has spent a lifetime — he skipped college and went to work for IBM (IBM, Fortune 500) straight out of high school — making technology do things the world might ...
By William D. Cohan, contributorAugust 25, 2010: 5:40 AM ET FORTUNE — Ever since Lehman Brothers imploded and filed for the largest bankruptcy in history nearly two years ago, the firm’s former chairman and CEO, Dick Fuld, has been a little on edge. or instance, last September, when Clare Baldwin, ...
By William D. Cohan, contributorAugust 25, 2010: 5:40 AM ET FORTUNE — Ever since Lehman Brothers imploded and filed for the largest bankruptcy in history nearly two years ago, the firm’s former chairman and CEO, Dick Fuld, has been a little on edge. or instance, last September, when Clare Baldwin, ...
By Kit R. RoaneAugust 23, 2010: 12:33 PM ET FORTUNE — Consumers may be buying a little less beer these days, but beer companies can’t seem to get enough of the stuff. The latest indication that brewers see a frothy future came last night when reports circulated that SAB, the ...
By Beth Kowitt, reporterAugust 23, 2010: 3:53 AM ET FORTUNE — Apple’s retail stores aren’t the only place where lines form these days. It’s 7:30 on a July morning, and already a crowd has gathered for the opening of Trader Joe’s newest outpost, in Manhattan’s Chelsea neighborhood. The waiting shoppers ...
“Our goal is that solar lives in an unsubsidized world,” says First Solar’s Larry Polizzotto; a solar-panel field under construction in Ontario, Canada.By Richard McGill Murphy, contributorAugust 19, 2010: 8:05 AM ET FORTUNE — If you’re looking for the future of American business, our annual list of the 100 Fastest-Growing ...
By Mina Kimes, writerAugust 19, 2010: 4:24 AM ET FORTUNE — It was a humiliating moment. Congressman Edolphus Towns was upbraiding a top Johnson & Johnson executive. Certainly Towns (D-N.Y.), the chairman of the House Committee on Oversight and Government Reform, has browbeaten his share of CEOs and Wall Street ...
By Hibah Yousuf, staff reporterAugust 18, 2010: 6:46 AM ET NEW YORK (CNNMoney.com) — Mining giant BHP Billiton said Wednesday that it would take its $38.6 billion cash offer for Potash Corp. directly to the shareholders, a day after the world’s largest fertilizer producer rejected unsolicited takeover bid. The Australian ...
By Hibah Yousuf, staff reporterAugust 17, 2010: 7:29 AM ET NEW YORK (CNNMoney.com) — Wal-Mart Stores Inc. reported a slightly better-than-expected second-quarter profit but missed sales estimates Tuesday, as customers of the world’s largest retailer continued to curb spending. Bentonville, Ark.-based Wal-Mart’s net income rose 3.6% to $3.6 billion, or ...