Category Archives: Money

AT&T to buy Time Warner in $85 billion media mega deal
[van id=”business/2016/10/23/att-to-buy-time-warner-deal-stelter-hit-nr.cnn”]It’s official: AT&T to buy Time Warner in a $85 billion media mega deal. CNN’s Brian Stelter di...
Cumulus Media Oct 23, 2016

Social Security checks get measly $3.92 bump in 2017
By Chris Isidore The typical retiree’s monthly Social Security check will get only $3.92 bigger next year. That amounts to an increase of just 0.3% — the smallest ever put in place to help...
Cumulus Media Oct 18, 2016

U.S. dollar zooms to 7-month high
By Patrick Gillespie The dollar is finding a second wind in 2016. America’s greenback recently hit its highest point since early March, rallying on the rising hopes that the Federal Reserve will...
Cumulus Media Oct 17, 2016

Twitter stock tanks as Salesforce backs out of bidding
By Seth Fiegerman And then there were none.Salesforce, the last of the big companies thought to be interested in buying Twitter, said Friday that it has backed out of bidding for the social network....
Cumulus Media Oct 14, 2016

Delta expects airfares to keep falling
By Chris Isidore Fares keep falling at Delta Air Lines, and the airline says it expects them to lose altitude the rest of the year. The airline reported Thursday that a key measure of airfares was dow...
Cumulus Media Oct 13, 2016

Consumer Reporter: Cable AND Broadband Customers are Screwed
By Sandy WellsKABC NewsTime Warner Cable – which at one time was possibly the most consumer-loathed commercial entity in history – is gone, absorbed by Charter Communications and has been ...
Cumulus Media Oct 05, 2016

Bass Pro Hops hooks Cabelas
Bass Pro Shops is buying Cabela’s in a $5.5 billion deal that brings together two prominent outfitters for the great outdoors. Bass Pro Shops sells fishing supplies, and Cabela’s is a hunt...
Cumulus Media Oct 03, 2016

Illinois yanks billions of banking biz from Wells Fargo
By Katie LoboscoThe state of Illinois is suspending most of its banking relations with Wells Fargo.Illinois is the second state, following California, to punish Wells Fargo with a one-year business mo...
Cumulus Media Oct 03, 2016

Union Dooms Jobs For 136 O.C. Library Workers
Orange County is about to lose 136 part-time pages at local libraries. The union representing regular full-time library workers has succeeded in pressuring the county to stop renewing the six-month co...
Cumulus Media Oct 03, 2016
Salesforce pushes regulators to block Microsoft’s LinkedIn deal
By Seth FiegermanSalesforce clearly doesn’t want Microsoft to be part of its professional network anymore.Salesforce, which once enjoyed a cozy relationship with Microsoft, now plans to make the...
Cumulus Media Sep 29, 2016