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  • With economy uncertain, no Fed rate hike is seen before fall
    For 6½ years, the Federal Reserve has held its key interest rate near zero, and for nearly that long the financial world has speculated about when the Fed will start raising it. Don't look for it soon.
  • Jeff Bezos Is now richer than three of the four Wal-Mart heirs
    Amazon.com Inc.'s first-quarter results sent a jolt into the fortune of Jeff Bezos Friday, making him richer than three of the four Wal-Mart heirs, according to the Bloomberg Billionaires Index. The online shopping giant increased sales 15 percent, beating analysts expectations, and broke out results for its Web Services cloud computing unit for the first time. The jump puts him on par with Wal-Mart founder Sam Walton's daughter-in-law, Christy Walton, the richest woman in the U.S.
  • Walt Disney's ESPN sues Verizon for breach of contract
    Walt Disney Co's sports network, ESPN, has sued Verizon Communications Inc over an alleged breach in contract, a court filing showed on Monday. The breach in contract relates to Verizon's new cable plan, ...

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