The turmoil engulfing Viacom deepened on Tuesday as weak earnings and continued concern over the company's leadership sent shares down more than 21 percent, the lowest level in more than five years.
The blockbuster "Star Wars: The Force Awakens" was largely responsible for Walt Disney Co.'s record profit for the first fiscal quarter, but Disney executives also credited the space opera for the record attendance at the company's domestic parks.
The fall in average regular unleaded gasoline prices to about $2 a gallon has helped keep a lid on inflation. (Photo: AP). CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST.
The recent strengthening in Japan's exchange rate is intensifying focus on the reaction of the country's policy makers, who can draw on a broad spectrum of options generated from decades of experience with currency volatility.
The U.S. Securities and Exchange Commission has fined Monsanto $80 million for accounting violations tied to rebates for its flagship Roundup weed killer.