The Federal Reserve announced the results of its latest all-important Open Markets Committee meeting on Wednesday afternoon, and they're exactly the same as last month's results — but with three important changes. For market watchers, these three sentences mean everything. So how should they be interpreted?
While a solid skewering of a powerful person is usually fun, Newsweek's case that Mitt Romney is too insecure to be president -- "the wimp factor," as its cover says -- is deeply unsatisfying.
Apparently NBC's controversial tape-delay strategy is working. The Olympics opening ceremony drew the largest audience ever for an opening ceremony that didn't take place in the U.S., NBC announced on Saturday.
Can a major pay TV service really just drop a somewhat major channel that’s currently running a widely anticipated, Emmy-winning series and get away with it?
Google cites everything from Mad Men to minority rights in a fresh attempt to bolster its claim that the scanning of millions of books qualifies as a “fair use” under copyright law. The arguments, set out in court filings submitted on Friday, come as Google’s long-running dispute with the Authors Guild heads toward an end game.
Chick-fil-A's consumer reputation is taking a dive across the country, according to a new poll of fast food eaters, but it remains as popular as ever in the Midwest.
CNN's president, Jim Walton, made no bones about the fact that he's quitting because the network's ratings are so low, saying in a memo to staff that the organization needed "new thinking" in order to recover from its slump.
Perpetual underdog AOL has had a better year than tech behemoth Apple, if we're looking at one particular metric: The percent by which their stocks have changed since January 2012, as Business Insider's Jay Yarow shows in this Google Finance chart he put together.
The most intriguing take on Friday's management shakeup at JPMorgan, which saw Matthew Zames and Frank Bisignano named co-chief operating officers, came from the Financial Times' Tom Braithwaite, who wrote that they look to be part of a short list of possible successors.
Yesterday after markets closed both Facebook and Amazon reported earnings that should have had similar effects, yet Facebook disappointed and Amazon didn't.
Online journalism may finally be starting prove itself, as two of the most prominent old school news organizations reached major subscription milestones.
Last night on The Daily Show, Jon Stewart introduced a new segment targeting Sanford Weill, former CEO of Citigroup.
As if every inch of the London Olympics weren't already awash in corporate advertising, a British chain of opticians has found a new marketing opportunity: London Olympics gaffes.
Billionaire Internet mogul Jeff Bezos and his wife, MacKenzie, are giving a $2.5 million donation to the backers of Referendum 74, a ballot initiative that would legalize same-sex marriage in Washington State.
The Department of Justice and the Securities and Exchange Commission are apparently planning a wide spread investigation of retail operations in America to make sure your favorite stores are complying with an anti-foreign bribery law. (We realize Wal-Mart probably isn't your favorite store.)
If a senator told you, "you're about to get smoked" in your business, would that be enough to get you to sell it? That was the money quote from Louisiana Sen. David Vitter in a letter to New Orleans Times-Picayune owner Steven Newhouse.
Facebook has passed its first test as a public company, announcing $1.18 billion in revenue, which is a smidge above the $1.14 expected.
This afternoon at 4 p.m. Facebook will report its first earnings report since it went public in May, giving us all sorts of information, like financials goodies and user stats, that it's never had to divulge before.
After Groupon said it did not put a Washington, D.C. waffle-maker out of business, the waffle-maker has done a line-by-line take down of that very suggestion, putting the two in a he-said, she-said standoff.
The Denver Post's television critic Joanne Ostrow reported on Thursday that news outlets were paying for exclusive interviews with Aurora victims and witnesses, but the only one she named was Entertainment Tonight, which doesn't appear to have gotten much for its supposed money.
Somewhere in the middle of a New York Times story about the Times Company's $88.1 million quarterly loss, a company source told reporter Amy Chozick that it would name a new CEO as soon as September.
If the weekly unemployment benefits claims report was a vehicle and we were passengers, we'd all have whiplash by now as the number changed sharply once again, this time falling 35,000 to an initial figure of 353,000.
When companies are asked to define themselves as either media or tech companies, it seems it's usually because they don't have a definitive answer.
Barry Diller, the chairman of IAC/InterActiveCorp which recently acquired sole control of Newsweek, said that a plan to end its print edition might be coming as soon as next fall.
It's not really summer if you're not complaining about ice cream. How could something so reminiscent of our innocent childhoods, so cold and so sweet, turn so foul?
Ask Jim Henson Company why they're no longer partnering with Chick-fil-A and they'll cite the restaurant president's views on homosexuality, but ask Chick-fil-A why their toys are no longer for sale and they'll blame "potential safety concerns."
Sometimes when people do very impressive things during their Internet leisure time it gets them real, paid jobs.
If New York City Mayor Michael Bloomberg and Council Speaker Christine Quinn's figures that same-sex marriages brought in some $259 million in economic benefits to the city are correct--that means gay marriages earned the city around $30,000 per hour since they were legalized one year ago.
It can't be a good thing to lose the guy who runs your politics coverage a month ahead of the Republican and Democratic national conventions. But that is precisely the situation the Daily News now finds itself in.
Today in the New York Times Luisita Lopez Torregrosa writes that while the top corporate roles like Yahoo's Marissa Mayer, and Hewlett-Packard's Meg Whitman stand as a win for women, the women of Wall Street are enjoying no such enlightenment.
ABC News is standing by a Friday story in which it reported that James Holmes' mother identified him as the likely culprit in the Aurora shooting, after she contradicted that report earlier on Monday.
A little more than a year after the death of stereo magnate Sidney Harman, his estate is no longer willing to help fund Newsweek and The Daily Beast, Reuters' Peter Lauria reports.
Groupon has elicited gripes from businesses who do deals with the site about how long it takes to get paid, but now a waffle emporium in D.C. claims that the three-month wait for money from Groupon has put it out of business... three months after it opened.
Greece's deficit problems were so bad that it has cost the European Union and International Monetary Fund €240 billion in promised bailout money to keep the country's debt crisis from taking down all of Europe. Quite a big problem for a nation that has an economy that's in fact smaller than the metro area of Boston.
Scholastic has owned Weekly Reader, a magazine aimed at children and what can only be described as a grammar school must-read, for about six months and today they've announced that they're shutting the 110-year-old publication down.
The noteworthy thing about the sale of Peet's Coffee to German conglomerate Joh. A. Benckiser is the large sale price: $1 billion for the company, which works out to 29 percent higher per share than its closing price on Friday.
News International sent out an email on Saturday informing staffers that Rupert Murdoch has resigned as director of News International a string of other companies connected with the company's London-based newspaper holdings.
There's believing in your business and then there's buying $17 million worth of your business's stock three months after suffering billions in massive, embarrassing losses. Jamie Dimon apparently believes JPMorgan will come back following the "London Whale" incident.
Warner Brothers very correctly thinks it would be "insensitive" for them to report their box office numbers for The Dark Knight Rises this weekend, so instead they're delaying announcing their returns until Monday out of respect for the victims of the tragedy in Colorado.
This morning’s end to the 10-day standoff between DirecTV and Viacom isn’t just notable for putting some of the most widely viewed TV channels back on one of the biggest pay TV services. It also marks the first time in recent memory that a major pay TV licensing dispute ended on the distributor’s terms.
For a normal person, a $1 million base salary plus potential to make $100 million over the next five years would be a lot of money, but for Marissa Mayer, who already made her fortune as one of the first 20 employees of Google, it's just some more money.
The unraveling of Peregrine Financial Group after its CEO's confession to fraud in a suicide note has been a sad story, but one funny detail emerged Thursday with the news that some of its assets included silver SpongeBob Squarepants coins.
Tucker Carlson's Daily Caller has gone full-McCarthy in its coverage of a "special report" by Americans for Limited Government about an Obama nominee sending her children to a summer camp which was started in 1923 by leftist New York City Jews.
They’ve been negotiating a multi-billion-dollar deal for some of the most widely viewed channels in the cable universe. But according to DirecTV, the sticking point in its ongoing carriage impasse with Viacom is … wait for it … the fledgling pay channel Epix.
Last week's excitement about plummeting unemployment claims was short-lived, as the Department of Labor report showed the number of U.S. workers applying for benefits rose last week even higher than it fell the week before.
Are you angry about the LIBOR scandal? If not, allow Jon Stewart to get outraged for you about how the London Interbank Offered Rate interest rate that was manipulated by banks.
In the fight for control of news coverage between powerful politicians and business moguls and the reporters who cover them, it's clear who is winning: The powerful, not the reporters.
The Primetime Emmy Award nominations will be announced tomorrow, and as is Emmys tradition, we probably shouldn't expect many surprises. But that doesn't mean we have to stop hoping that some of our dream nominees will have their names read in the a.m.
Sean Hannity has been in touch with George Zimmerman since before he turned himself in, so it's no surprise he scored the first media interview with the suspect in the Trayvon Martin shooting.
Kansas figured out that getting people to move there is a lot easier than building a bustling arts community, having vibrant nightlife options or cultivating a hot singles scene--all you have to do is pay off their student loans.
The New Yorker announced an unsurprising purchase on Tuesday evening. The magazine has absorbed the Borowitz Report to be part of a new humor page on their website.
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