Category: Business

CBS and Viacom have different streaming strategies. Can they combine to win the streaming wars?

The $30 billion merger of CBS and Viacom means viewers will soon be able to choose from an even larger number of streaming video options. As new entrants into the fray, ViacomCBS will go up against behemoths Netflix, Amazon and Hulu, in addition to upcoming competitors Apple, Disney, WarnerMedia and NBCUniversal. But as one of […]

Huawei was poised to fight Apple in the US. Now its fate is uncertain

Huawei once had big ambitions to grow its presence in the United States. The United States makes up a tiny fraction of Huawei’s business, but the world’s largest telecom provider and second-largest smartphone seller wanted to have a much bigger presence in the country. It saw the US market as a growth opportunity for its […]

India’s biggest hotel chain is moving into Las Vegas. First stop: Hooters

India’s biggest hotel chain is on a global expansion spree. Its latest stop: Las Vegas. OYO has signed a deal to buy the Hooters Casino Hotel in the Nevada gambling and entertainment hub, it announced Friday. The 657-room property will be rebranded the OYO Hotel & Casino Las Vegas, with a makeover expected to be […]

British Airways pilots will strike for three days in September over pay dispute

British Airways pilots will strike in September for three days over a pay dispute, the first pilot walkout in about four decades. Their union, the British Airline Pilots Association, on Friday announced the three dates — September 9, 10 and 27 — adding that it had proposed several packages to British Airways that had been […]

Insiders are selling stock like it’s 2007

The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history. Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research, which tracks stock market liquidity. August is on track to be […]

US and France reach compromise on digital tax

Officials from France and the United States have reached a compromise on a new French tax on services provided by large internet companies, potentially defusing the threat of a trade conflict between the two countries. Under the terms of the agreement, France would repay companies the difference between its digital tax and whatever taxes come […]

These luxury beach homes are made to cozy up to nature

While Leslie and Clifford Cohen were dreaming up the home they planned to build on a wetland property on the North Fork of Long Island in New York, their architect arrived with an unusual tool for an empty property: a 12-foot ladder. “Every time we came to the property, the first thing we did was […]