Business

Business Sprint names new CEO after dropping T-Mobile bid Sprint names new CEO after dropping T-Mobile bid
Sprint's new owner is replacing its longtime CEO with a Hispanic billionaire and entrepreneuer after dropping its bid for rival wireless carrier T-Mobile US.
Business 21st Century Fox abandons pursuit of Time Warner 21st Century Fox abandons pursuit of Time Warner
Rupert Murdoch's 21st Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies.
Business Gannett splits publishing, broadcasting in two Gannett splits publishing, broadcasting in two
USA Today owner Gannett is splitting into two companies, making it the latest major media company to spin off a less profitable print business to focus on growing TV and digital operations.
Business U.S. airfares on the rise, outpacing inflation U.S. airfares on the rise, outpacing inflation
The average roundtrip ticket within the U.S., including taxes, reached $509.15 in the first six months of this year, up nearly $14 from the same period last year.
Business Walgreen CFO leaves, replaced with Kraft exec Walgreen CFO leaves, replaced with Kraft exec
Walgreen's top financial officer is leaving the largest U.S. drugstore chain as it nears a key decision about its future that could involve a politically touchy overseas reorganization.