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.
Liam Denning is a Bloomberg Gadfly columnist covering energy, mining and commodities. He previously was the editor of the Wall Street Journal's "Heard on the Street" column.
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.
Commerzbank AG Chief Executive Officer Martin Zielke plans to reduce about one in five jobs, suspend dividends and shrink securities trading in the biggest overhaul since the German lender's bailout.
PepsiCo Inc. raised its 2016 profit outlook after revenue surged in key overseas markets like China and as the U.S. beverage business picked up steam in the third quarter.