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  • CBS buying CNet Networks for $1.8 billion
  • NEW YORK - Media and entertainment company CBS Corp. is buying CNet Networks Inc., an online news and information provider, for $1.8 billion in cash in its latest bid to expand its reach on the Internet, the companies announced Thursday. The price of ...
  • Miller CEO says more are drinking cheap beer
  • In the U.S., Miller's revenue rose 4.8 percent to $5.1 billion in the year that ended March 31. Earnings before interest, taxes and amortization rose 27 percent to $477 million, though that includes a gain of $33 million from a settlement of a dispute
  • Gas prices are a holiday downer
  • Another 1.8 million will travel via train, bus or other type of transportation. At the pump, the national average price of a gallon of regular gas rose 1.8 cents overnight to a $3.776, according to a survey of stations by AAA and the Oil Price ...
  • Pickens orders $2 billion in wind turbines
  • The wind announcement came a day after reports surfaced that GE was shopping its 101-year-old appliance business for as much as $8 billion. Last year, it sold its struggling plastics business to a Saudi Arabian company for $11.6 billion.
  • Icahn vows to lead Yahoo stock revolt
  • Besides himself, Icahn’s alternate board of directors includes Internet entrepreneur Mark Cuban, who got rich by selling Broadcast.com to Yahoo for $8.1 billion in stock in 1999.

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