Believing its stock is undervalued after the collapsed bid for Time Warner Cable Inc., Comcast Corp. has added $2.5 billion to its share-buyback program in 2015 - for a total projected buyback this year of $6.75 billion - and CEO Brian Roberts says the ...
The US economy slowed sharply in the first quarter of the year, with annualised GDP growth falling to just 0.2% from 2.2% in the final quarter of 2014.
Warren Buffett earlier had touted a 3 percent default rate to Berkshire Hathaway shareholders to rebut claims of predatory lending in a Seattle Times and Center for Public Integrity probe into Berkshire's mobile-home subsidiary, Clayton Homes.
Pacific Investment Management Co. said investors pulled $5.6 billion from its Total Return Fund in April, causing the flagship fund to lose its status officially as the world's largest bond mutual fund.
Mayor de Blasio met the MTA's capital budget request Monday - or he thought he had, until the agency turned around and asked for nearly $2 billion more.