WASHINGTON - The economy shrank in the first quarter for the second straight year, and some of the problems could linger into the summer, demonstrating the continuing weakness of the recovery from the Great Recession.
Charter Communications wants to buy both Time Warner Cable and Bright House Networks in a $67 billion deal. It will create an entity second in size to Comcast among the cable operators.
U.S. stocks closed lower on Friday as data showed the economy contracted in the first quarter but indexes still posted gains for the month.
Every year the EPA sets levels for the renewable fuel standard or RFS, determining how much ethanol must be mixed into the nation's gasoline.
SAN FRANCISCO - Intel is close to clinching a takeover of fellow chip maker Altera for more than $15 billion, a person briefed on the matter said on Friday, the latest sign of consolidation in the semiconductor industry.