Time Warner unveils $5 billion stock buyback, earnings rise thanks to HBO

Time Warner reported results for its second financial quarter after outmaneuvering Rupert Murdoch's takeover play and shedding its publishing business. Despite the corporate drama, it was a stronger quarter than expected. Driven primarily by the continued...

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Apple expected to announce iPhone 6 on Sept. 9

There's finally a date for the iPhone 6 announcement: Sept. 9. According to influential tech blog Re/Code, Apple will formally unveil its latest smartphone next month. The device is expected to feature a 4.7-inch screen, larger than any iPhone before...

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Samsung, Apple agree to drop lawsuits outside US

SEOUL, South Korea — Samsung and Apple Inc. have agreed to end all patent lawsuits between each other outside the U.S. in a step back from three years of legal hostilities between the world's two largest smartphone makers. However, Samsung Electronics...

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German factory orders decrease in June

BERLIN — German factory orders were down in June compared to the previous month due to a decrease of large orders. The Federal Statistics Office said Wednesday that industrial orders were 3.2 percent lower than in May, when they also fell by 1.6 percent....

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Cars.com sale shows success, struggle for news companies

WASHINGTON — The Gannett Co.'s announcement Tuesday that it was buying out its four media partners in Cars.com to the tune of $1.8 billion is both a success story for the struggling newspaper sector and a sign of the challenges ahead. The largest U.S....

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GM reveals pricing on Chevrolet Colorado, GMC Canyon pickups

General Motors set a wide range of prices for its 2015 mid-size trucks — with starting prices as low as $20,995 — as the auto industry's pickup tug-of-war intensifies. GM said the base model of the four-cylinder extended-cab Chevrolet Colorado pickup...

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3 vacant mills in western Massachusetts are sold

LEE, Mass. — A Wisconsin-based development company has bought three vacant paper mills in western Massachusetts and is talking with local officials and others about how to use the properties. Niagara Worldwide of Niagara, Wisconsin, bought the Columbia...

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Billy Joel, once a stranger to advertising, is becoming a commercial big shot

Billy Joel has moved from "Allentown" to Madison Avenue. The piano-playing hitmaker was once regarded by advertisers as one of music's "untouchables" - artists like Bruce Springsteen, Neil Young, Tom Petty and R.E.M. who shun the idea of aligning one...

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Walgreen turns down inversion to cut tax bill

Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed its U.S. taxes but drew political scorn. The nation's largest drugstore chain — which bills itself...

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Fed gives BofA approval to up dividend to 5 cents

WASHINGTON — Federal regulators have given Bank of America a green light to proceed with a long-awaited dividend increase it had suspended because of a reporting error. The Federal Reserve announced Wednesday that it has accepted the revised capital...

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