Leslie Moonves, who isn't used to standing around, found himself doing just that at this summer's Allen & Co.'s annual summer gathering of business titans in Sun Valley, Idaho.
A number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties' mounting concerns about doing business with Europe's largest investment bank.
Update: The Federal Communications Commission has delayed its vote on new rules that would force cable companies to provide their channels as a free app on major device platforms such as iOS and Android.
The Commerce Department released their update to the second quarter GDP estimate and it's up by 1.4%, rather stronger than the 1.1% they had reported earlier.
Over one-third of federal student loan defaults can be attributed to students at for-profit schools. Students at for-profit colleges accounted for 35% of defaults during the three year period starting in 2013—down from 44% two years earlier, according ...