Business

Netflix Cashing in on Orange Is the New Black

As Netflix (NFLX) anticipates increased viewership with the second season of Orange is the New Black, it is time to again examine whether the company's benefit from original content production outweighs its costs.


TWC Meeting Lacks Comcast Drama

Time Warner Cable shareholders met to hear CEO Robert D. Marcus say the company's dismal 2013 performance is "old news," and that its proposed acquisition by Comcast is a "dream combination."


Hertz Correcting 3 Years of Data

Hertz Global Holdings said it has to review and correct its financial reports from the past three years after a company audit found accounting errors.


Mortgage Rates Reverse 5-Week Down Trend

Freddie Mac said Thursday the average rate for a 30-year loan edged up to 4.14 percent from 4.12 percent last week.


American Airlines Building New Ops Center

American Airlines plans to build a new integrated operations control center near its existing headquarters in Fort Worth.


Rite Aid Lowers Earnings Forecast

Rite Aid Corp. lowered its earnings expectations for fiscal 2015 after higher-than-expected drug costs and reimbursement rate reductions in its recently concluded quarter.


What Central Banks Are Doing to Ease Credit

The European Central Bank introduced a negative deposit rate to prod banks into lending cash instead of hoarding it. Here are other steps central banks are taking to bolster their economies.


Hollande Questions BNP Paribas Fine

French President Francois Hollande says he wants to discuss with President Obama a potential multibillion-dollar fine that France's largest bank is facing in the U.S.


Godzilla Studio, Brewery Settle Beer Case

A New Orleans brewery has agreed to change the name of its Mechahopzilla brew after the company that owns the rights to the Godzilla name sued.


Ruiz Foods Purchases South Carolina Plant

The acquisition of a former Heinz plant fits in with Ruiz Foods' East Coast expansion plans.


Do Landowners Hit the Jackpot with Cell Tower Lottery?

Experts say most lease holders don't get nearly enough rent for cellphone towers on their private property.


GlaxoSmithKline Settles 'Off-Label' Drug Use Case

GlaxoSmithKline unlawfully promoted drugs for off-label use not approved by the FDA, leading to a $105 million settlement with 45 states.


Court Limits Judge's Say Over Citigroup Deal

A federal appeals court in New York says a judge overstepped his authority when he blocked a $285 million settlement between Citigroup and government regulators over toxic mortgage securities.


Burt's Bees' Burt Pushed From Hive

Burt Shavitz, the Burt behind Burt's Bees, says he was ousted from the company he co-founded after he had an affair with an employee.


AT&T: DirecTV Deal Would Let It Upgrade Fiber Connections

AT&T says that if it's allowed to buy satellite broadcaster DirecTV, that means it can afford to pull fiber connections into more homes, for additional superfast broadband Internet coverage.


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