BUSINESS

Fox, which has been trying to buy the pan-European group since December 2016, offered to pay 14 pounds per share, a 12 percent premium to Comcast's earlier offer.

"News reports attributing the use of inappropriate and hurtful language to me during a media training session regarding race are true," he said, adding "Regardless of the context, I apologize. Simply stated, racism has no place in our society."

Donald Trump called Pfizer Chief Executive Ian Read on Tuesday to say the company’s July 1 price hikes had complicated the administration’s drug pricing plans, prompting the company to defer its planned increases, according to a source familiar with the matter.

U.S. producer prices increased more than expected in June amid gains in the cost of services and motor vehicles, leading to the biggest annual increase in 6-1/2 years.

When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund Highland Capital Management, aggressively pursued legal action against Credit Suisse Group AG, which arranged the financing and appraisals for the project.

The electric car company will apparently give some Model 3 buyers a way to show up and get their cars in just a few minutes after delivery.

However, several Republican lawmakers are not happy with the decision.

Hornsey was head of Uber's human resources department and one of the firm's top spokespeople on diversity and discrimination issues.

Murdoch's Fox said the performance of Sky since December 2016, including the renewal of the right to show English Premier League matches at a lower price than expected, justified its higher offer.

More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth.

Xiaomi priced the IPO at the bottom of the range it offered, in a deal worth $4.72 billion - the world's biggest technology float in almost four years.

India wants to extradite the 62-year-old former liquor baron from Britain to face charges of fraud.

Both Uber and Lyft have apparently looked into acquiring intercity bus travel startup Skedaddle.

MoviePass added surge pricing to popular movies, but there are a couple of ways to get around it.

Amazon Prime Day is almost upon us, so here are some important things to know going in.

Tesla CEO Elon Musk confirmed on Thursday that the Model 3 sedan can now park itself, free of human assistance.

A report from the American Customer Satisfaction Index found that Chick-fil-A and Texas Roadhouse left customers more satisfied than other chain restaurants.

The firm, which has been facing sluggish sales in the world's largest auto market, said in a statement "it has no current plans to increase the manufacturer's suggested retail price (MSRP) on its import line-up in China."

Washington has said it would implement tariffs on $34 billion of Chinese imports on July 6, and Beijing has vowed to retaliate in kind.

Facebook announced this week it would imminently shut down three apps, including tbh, which it bought less than a year ago.

The move by U.S. President Donald Trump's administration on China Mobile comes amid growing trade frictions between Washington and Beijing.

Lyft announced Monday it would jump into the world of bike-sharing with its new Lyft Bikes acquisition.

The European Union said tariffs on cars and car parts were unjustifiable and did not make economic sense.

The index of about 500 of the largest U.S. corporations has risen 1.7 percent year to date, far short of its 8 percent increase in the first half of 2017.

After repeatedly pushing back internal targets, Tesla vowed in January to build 5,000 Model 3s per week before the close of the second quarter on Saturday to demonstrate it could mass produce the battery-powered sedan.

The White House's "Buy American" initiative aims to speed up arms deal approvals and increase the advocacy role of senior U.S. officials, including President Donald Trump.

The BMW plant in South Carolina is its largest globally, employing more than 20,000 workers.

Adidas announced that some of its U.S. customers may have had their data stolen by an unauthorized party.

The Ohio-based supermarket chain announced its partnership with a driverless car company to deliver groceries using self-driving vehicles.