Economy of the United States
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Entertainomics: Taylor Swift, Beyonce, ‘Barbenheimer’ Pump $8.5 Billion Into US Summer Economy
Bloomberg economists expect blockbuster concert tours and movies to add to U.S. economic growth in summer months
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Viacom Matches Q3 Earnings Expectations, Misses Revenue Mark as Advertising Revenue Dips
“We maintain a strong balance sheet, giving us significant financial flexibility and we remain committed to resuming Viacom’s share repurchase program in October,” CEO Philippe Dauman says
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Relativity Media Lands Modest $9.5 Million Loan in First Bankruptcy Hearing
CEO Ryan Kavanaugh said he looks forward to “building on this momentum to emerge as a stronger company”
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Donald Trump Fired by Macy’s: ‘We Have No Tolerance for Discrimination in Any Form’
The Donald is so last season: Macy’s listens to hundreds of thousands of angry petitioners, drops real estate mogul’s merchandise after controversial immigration remarks
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Comcast Founder Ralph Roberts Dead at 95
Roberts founded Comcast in 1963 when he purchased a small cable system in Mississippi
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Dish Network Beats Earnings Expectations, Profit Doubles While Subscribers Dip
Profit for second-largest U.S. satellite TV operator grows to $351 million in first quarter of 2015
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Comcast Beats Earnings, Revenue Expectations Off of Strong High-Speed Internet Growth
Media giant reports earnings of $0.79 on revenue of $17.85 billion
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Time Warner Cable Falls Below Earnings Expectations, Adds Video Subscribers for First Time Since 2009
Cable company reports earnings of $1.65 on revenue of 5.78 billion
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Indiana Pizzeria Owner Doesn’t ‘Hate’ Gays, Closed Shop Will Reopen Soon (Video)
“God has blessed us for standing up for what we believe,” Memories Pizza owner says
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Charter Communications Acquires Cable Operator Bright House in 10.4 Billion Deal
Sixth-largest cable operator in U.S. serves customers in Florida, Alabama, Indiana, Michigan and California
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Bob Iger’s Fortune Cover: 3 Surprising Takeaways From Disney Interview
“If you’re going to win big, you have to get in early,” Disney CEO tells magazine
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‘Best Buy’ Apologizes for Tweet Mocking ‘Serial’ Murder Case
Electronics store in center of murder case depicted in popular podcast ‘Serial’ pens offensive tweet; walks it back after social media outrage
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Rupert Murdoch Defends ‘Exodus’ All-White Cast: ‘Since When Are Egyptians Not White?’
The upcoming film with Christian Bale as Moses and Joel Edgerton as Pharaoh has been blasted by critics for all-white cast; Murdoch fights back
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Rebranded Tribune Media Beats Earnings Expectations, Though Profits Fall
Multimedia company spun off publishing business in the third quarter
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Freedom Communications Calls Two Investors’ Receivership Claims ‘Meritless and Unfounded’
Aaron Kushner’s media company denies investors claims of mismanagement