Business

CBS to merge its radio business with Entercom

CBS to merge its radio business with Entercom

CBS had said early previous year that it would explore strategic alternatives for its radio business. Field, President and CEO of Entercom, who will lead the combined company, said, "These two grea...

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Hudson's Bay making bid to take over retail giant Macy's, report says

Hudson's Bay making bid to take over retail giant Macy's, report says

New York-based Macy's owns more than 850 stores in 45 states that operate under the Macy's and Bloomingdale's. A spokesman for Hudson's Bay declined to comment on the talks, which were reporte...

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Facebook Crushes Q4 Earnings, Mobile Ad Revenue Up 80%

Advertising revenue hit $US8.81 billion in the fourth quarter , up from from $US5.84 billion in the same period a year earlier - a huge increase for any large company. Later previous year, Facebo...

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Novak Says Domestic Oil Producers May Speed Up Output Cuts In Feb

Novak Says Domestic Oil Producers May Speed Up Output Cuts In Feb

The increased supply is likely to pressure prices of domestic crude, including the benchmark West Texas Intermediate grade, making it more globally competitive, said Afolabi Ogunnaike, Wood Mackenzie'...

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Pro Bowl stumbles to lowest ratings in a decade

For the NFC, Everson Griffen recorded a game-high three sacks - three of seven sacks the NFC had as a team. Travis Kelce's TD gave the AFC the lead over the NFC, 14-7, going into halftime. The los...

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Spokane police officer saves woman from burning vehicle

Spokane police officer saves woman from burning vehicle

The neighbor the helped was treated for a minor cut from the broken window. Police said Schwering had to break the driver's side window and have Novak climb out that window. The flames were so inten...

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