Credit Lyonnais' massive 1993 loss of 6.9 billion francs ($ 1.2 billion) has claimed a surprise victim, with reports that former bank chairman Jean-Yves Haberer has been sacked from his new job…
The Rank Organisation has announced the closure of Rank Retail Services America, its Pittsburgh-based video and audio rackjobbing business.
Media mogul Silvio Berlusconi set his sights on the prime minister's job after storming to victory in Italy's elections, and said he would be ready to sell off his business empire to silence his…
A proposed settlement was made public Wednesday to end a class-action lawsuit that accused the largest ticket agencies in California of price-fixing and antitrust violations.
Entertainment stocks foundered along with the rest of Wall Street Wednesday, with the Dow Jones Industrial Average down 72.27 points to 3,626.75 -- a drop of 2% for the day and 8.8% since the Dow's…
Cable TV operators who've grown weary of rate regulation have more reason to gripe today: the FCC late Wednesday unveiled more than 200 extra pages of rules designed to ensure that cablers meet the…
Still licking his wounds after three years, Giancarlo Parretti is back banging on the lion's cage. An attorney for the Italian businessman filed a $ 3.9 billion lawsuit as the court closed Wednesday…
In a year when Time Warner Inc. posted its best quarter ever, Time Warner chief executive Gerald M. Levin saw his 1993 bonus soar 60% to $ 4 million.
Bertelsmann Music Group has entered into a long-term distribution agreement to market, sell and distribute interactive entertainment fare produced by Crystal Dynamics, a Palo Alto software company…
German media group Bertelsmann AG said Tuesday that its money-losing infotainment weblet Vox could not be salvaged and would be liquidated early in April.