Rupert Murdoch's News Corp. will reduce its stake in NDS Group to 49% in a deal unveiled late Friday with private equity firm Permira Advisers that will take the pay TV technology firm private.
H&R Block Inc. reported a fourth-quarter profit compared with a loss the prior year, and reduced its full-year loss by 29 percent. Revenue rose for both periods. (HRB)
Standard & Poor's will add AK Steel Corp. to its S&P 500 Index, replacing Countrywide Financial Corp. at the close of trading Monday, the ratings service says. (CFC) (BAC) (AKS)
As gasoline prices continued to rise, Californians used 43.5 million fewer gallons of gasoline -- 3.2 percent less -- in March than they did a year earlier, according to figures reported Monday by the California State Board of Equalization.
A federal jury in Virginia has found the operator of a peer-to-peer Web site that distributed pre-release movies guilty of conspiracy and copyright infringement.
The broadcast industry's top lobbyist believes that radio provides so much free publicity to the music industry -- $2.4 billion a year, according to a new study -- that it shouldn't have to pay to play records.
As the final hours of SAG's contract with Hollywood's studios slide away, it's clear that fans of final-reel turnarounds are likely to be disappointed.
Sony Pictures has upped Valerie Van Galder and Marc Weinstock to the newly created positions of co-presidents of worldwide theatrical marketing for the studio in a restructuring that puts studio's global marketing structure under one roof.
