Posts Tagged Corporate news

E-cig industry awaits looming federal regulation

In this Jan. 17, 2014 file photo, a smoker demonstrates an e-cigarette in Wichita Falls, Texas. Soon, the Food and Drug Administration will propose rules for e-cigarettes. The rules will have big implications for a fast-growing industry and its legions of customers. (AP Photo/Wichita Falls Times Record News, Torin Halsey, File)

RICHMOND, Va. (AP) — Smokers are increasingly turning to battery-powered electronic cigarettes to get their nicotine fix. They’re about to find out what federal regulators have to say about the popular devices.

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Comcast 1Q earns surge on upbeat NBC results

In this Feb. 17, 2014 file photo provided by NBC, Jimmy Fallon appears during his "The Tonight Show" debut, in New York. Comcast's first-quarter net income rose by nearly a third as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Fallon's elevation as host of "The Tonight Show." (AP Photo/NBC, Lloyd Bishop, File)

PHILADELPHIA (AP) — Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon’s elevation as host of “The Tonight Show.”

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US stock futures edge higher, busy earnings week

In this Friday, April 11, 2014 file photo, trader Joseph Lawler, center, works on the floor of the New York Stock Exchange. Global stocks were mixed Monday, April 21, 2014, in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea. (AP Photo/Richard Drew, File)

NEW YORK (AP) — The stock market logged its longest winning streak in six months Monday as another big week for company earnings began.

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Correction: Aaron’s-Vintage Capital

NEW YORK (AP) — In a story April 17 about Vintage Capital withdrawing an offer to buy retailer Aaron’s, The Associated Press reported erroneously the relationship between Vintage and Aaron’s. Vintage does not franchise Aaron’s stores.

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High court to hear dispute about TV over Internet

This July 7, 2010 file photo shows Barry Diller  at the annual Allen & Co. Media summit in Sun Valley, Idaho. Thirty years after failing to persuade the Supreme Court of the threat posed by home video recordings, big media companies are back at the high court to try to rein in another technological innovation that they say threatens their financial well-being. The battle has moved out of viewers’ living rooms, where Americans once marveled at their ability to pop a cassette into a recorder and capture their favorite programs or the game they wouldn’t be home to see. Now the entertainment conglomerates that own U.S. television networks are waging a legal fight, with Supreme Court argument on Tuesday, against a start-up business that uses Internet-based technology to give subscribers the ability to watch programs anywhere they can take portable devices. The source of the companies’ worry is Aereo Inc., which takes free television signals from the airwaves and sends them over the Internet to paying subscribers in 11 cities. Aereo, backed by media billionaire Barry Diller, has plans to more than double that total. (AP Photo/Nati Harnik, File)

WASHINGTON (AP) — Thirty years after failing to convince the Supreme Court of the threat posed by home video recordings, big media companies are back and now trying to rein in another technological innovation they say threatens their financial well-being.

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