New York Times sells Boston Globe to baseball team owner
The New York Times Company announced Saturday that it has agreed to sell The Boston Globe newspaper for $70 million cash to the principal owner of the Boston Red Sox baseball team.
05 August 2013
US antitrust regulators bid to rein in iTunes
The US Department of Justice on Friday launched a bid to more tightly regulate Apple's wildly lucrative iTunes storefront, after the tech giant lost a price-fixing case.
03 August 2013
US stocks see modest gains after busy week
A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.
Australian mine firm guilty of Aboriginal site desecration
An Australian mining firm was convicted Friday of desecrating a sacred outback Aboriginal site in a landmark ruling protecting the beliefs of the beleaguered minority in the country.
Old newspaper era is over, Obama says via Kindle
President Barack Obama acknowledged the problems facing the US newspaper industry, ironically in an interview that was distributed via online retail giant Amazon's Kindle e-reader.
Liechtenstein bank pays millions to settle US tax dispute Liechtenstein's oldest bank said Tuesday it would pay nearly $25 million to settle a dispute with US tax authorities over its suspected role in helping clients dodge US taxes.