In a town famously built on self-promotion, Hollywood mogul Jerry Perenchio preferred to stay out of the spotlight, which he says "fades your suit."
North America
Apple's enterprise assault gets into higher gear
Apple Inc (AAPL.O) is embarking on its most aggressive expansion yet onto corporate turf, hiring a dedicated sales force to talk with potential clients like Citigroup Inc (C.N) and working in concert with a dozen or so developers, two sources familiar with its plans say.
KKR prepares more Samson asset sales as oil prices plunge
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans to sell its North Dakota Bakken oil deposit worth less than $500 million as part of an ongoing downsizing plan, according to people familiar with the matter.
Time Warner eyes $588 million bid for Australia's Ten Network: media
U.S. media giant Time Warner Inc (TWX.N) has approached struggling Australian broadcaster Ten Network Holdings Ltd (TEN.AX) about a A$680 million ($588 million) takeover bid, the Australian Financial Review reported on Monday.
BlackBerry CEO sees fewer new devices, focus on profitability
BlackBerry, which has completed the first phase of its two-year turnaround plan, is now focused on profitability and will not spread itself thin by attempting to launch too many new devices, its chief executive said.
Latest News
One of the most powerful men in the Olympic movement has urged the United States to push ahead with its plans to bid for the 2024 Summer Olympics, saying it is the "right time".
Philadelphia-area transit workers have voted overwhelmingly to ratify a two-year contract with the local transportation agency, averting a strike that threatened to cripple bus and rail lines and that their union warned would be long and contentious.
With the U.S. third-quarter earnings season almost at an end, many investors are breathing a sigh of relief as more companies surpassed profit expectations than in any quarter since 2010.
Irish rocker Bono has defended Spotify from criticism it pays too little to people who create music, saying digital music streaming services are opening up new ways for musicians to reach their public.
French Impressionist painter Edouard Manet's "Le Printemps," which set a world record price for the artist when it sold at auction for $65.1 million at Christie's on Wednesday evening, will be going to the J. Paul Getty Museum in Los Angeles.
How long patients survive after surgery to remove lung cancer may depend on factors like insurance, income and education, according to a new study.
Lyft board members had discussed replacing current Chief Executive Officer Logan Green, who was not aware of those talks, according to Lyft's former chief operating officer in a court filing obtained by Reuters on Friday.
U.S. authorities said Thursday they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug trafficking, computer hacking, money laundering and other crimes.
Apple Inc pulled a "bait and switch" move to force GT Advanced Technologies into a money-losing deal to supply the iPhone maker with sapphire, according to an affidavit by a senior executive at the company.
