WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Comcast deal may be dead, but cable consolidation will go on
[...] cable companies are likely to keep merging as online video options proliferate, the number of cable and satellite TV subscribers slips and costs rise for the shows, sports and movies piped to subscribers. [...] there will be more competition...
Apr 24, 2015 | 3:24 PM
Scuttled mining combo tops list of biggest failed deals
Scuttled mining combo tops list of biggest failed deals Comcast's failed $45 billion deal for Time Warner Cable is a high-profile example of a failed deal, but it doesn't crack the list of the 10 largest. Deutsche Telekom AG, Telecom Italia SpA,...
Apr 24, 2015 | 3:24 PM
What could McDonald's do to fix its business?
After turning in another quarter of sliding sales and profit, McDonald's CEO Steve Easterbrook said the chain will unveil initial details on a plan to turn around its fortunes on May 4. [...] this year, McDonald's has given a nod to the "clean...
Apr 24, 2015 | 3:24 PM
Cheaper fuel has airlines soaring to record profits
Like motorists, airlines have been saving money at the pump since oil prices began plunging last summer. — United Airlines posted record first-quarter earnings of $508 million, even though revenue dipped 1 percent; it saved more than $1 billion on...
Apr 24, 2015 | 2:24 PM
Comcast dropping $45 billion Time Warner Cable bid that would have created cable behemoth
NEW YORK (AP) — Comcast dropping $45 billion Time Warner Cable bid that would have created cable behemoth.
Apr 24, 2015 | 2:24 PM
German business confidence posts sixth straight increase
German business confidence posts sixth straight increase The Ifo survey is based on some 7,000 monthly surveys of business managers and is closely watched as a key indicator of Germany's economic prospects.
Apr 24, 2015 | 1:24 PM
AstraZeneca profit falls as patent expires on heartburn drug
LONDON (AP) — Anglo-Swedish drug-maker AstraZeneca PLC reported a 7 percent fall in net profit for the first quarter of 2015, as cheaper copies of one of its best-sellers ate into sales. [...] AstraZeneca reported 45 percent growth in sales of...
Apr 24, 2015 | 1:24 PM
US durable goods orders in March posted biggest gain in 8 months, but investment down
WASHINGTON (AP) — US durable goods orders in March posted biggest gain in 8 months, but investment down.
Apr 24, 2015 | 1:24 PM
China, Japan stocks fall on data, Nasdaq boosts some markets
BEIJING (AP) — Chinese and Japanese stocks fell Friday on weaker global manufacturing data while other Asian benchmarks rose after the U.S. Nasdaq index hit a new high. A survey by HSBC Corp. found China's manufacturing activity weakened this month...
Apr 24, 2015 | 12:24 PM
Starbucks extracts more money with pricier drinks, food
New drinks like the "Flat White" espresso drink and Teavana "Shaken" iced teas help drive up sales because they're a little pricier than other drinks, Starbucks Chief Financial Officer Scott Maw said. Dunkin' Donuts, which has been trying to appeal...
Apr 24, 2015 | 11:24 AM