JetBlue Airways Corp. is putting on hold plans to fly to Boston and New York out of Los Angeles International Airport, according to media reports. (JBLU)
Strong growth in sales of medical devices, prescription drugs and its signature product Botox resulted in Allergan Inc. more than doubling its earnings in the first quarter. (AGN)
The deal to send the controlling stake of DirecTV to Liberty Media proved profitable for News Corp., as the sale helped the media conglomerate more than triple its third-quarter profits. (NWS)
California will spend $270.9 million to help build 12 stem cell research facilities that could bring scientists closer to stem cell treatments, cures and tests for diseases ranging from diabetes to Alzheimer's.
ESPN and Coldplay have entered into an agreement to use music from the band's upcoming album as part of the network's promotion of its upcoming coverage of the Euro 2008 soccer tournament, according to The Associated Press. (DIS)
Tesoro Corp. posted a net loss for the first quarter of 2008 despite a $45 million pre-tax benefit from a legal settlement as the oil refiner's margins continue to be hammered. (TSO)
Subscriber growth and increased demand for high-definition and digital-video-recorder services help DirecTV Group Inc. post a 10 percent jump in first-quarter earnings. (DTV)
Trans World Entertainment Corp. Chairman and CEO Robert J. Higgins has withdrawn his proposal to buy out other shareholders and take the music, movie and video game retailer private.
The jury's still out in the federal government's wiretapping and racketeering case against former Hollywood sleuth Anthony Pellicano. On Tuesday, jurors concluded their third full day of deliberations.
After two delays at the request of SAG and the Alliance of Motion Picture & Television Producers, AFTRA comes to the negotiating table and formally starts talks Wednesday.
Regent Releasing has promoted Jonathon Aubry to vp, theatrical marketing, reporting to Mark Reinhart, the company's west coast general manager and executive vp of distribution and acquisitions. Aubry is the former director of marketing and communications at Regent.
Disney on Tuesday posted an impressive $1.1 billion in net income in its fiscal second quarter and, in doing so, defied a weak U.S. economy that was supposed to have discouraged consumers from visiting expensive theme parks.
Rep. Ed Markey accused the entertainment industry of pulling a bait and switch as Hollywood attempts to paint the "network neutrality" doctrine as a safe harbor for copyright pirates.
Dan Rather fired another round against his former network Tuesday, charging in an amended lawsuit that CBS News labeled the anchor "too hot to handle" and prevented him from being hired by other networks following his acrimonious departure.
300" producer Gianni Nunnari and his Hollywood Gang Prods. has filed suit against Cecchi Gori Pictures, claiming the company forced him out of their joint Los Angeles office, seizing valuable property and proprietary business information.
Carol Goll, who oversaw brand marketing at Mercedes-Benz USA for 13 years, has been named head of global branded entertainment at ICM, where she has appointed Andrew Francis as an agent.
