| Oct 22, 2013
| 4:32 PM
Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service.
Icahn said he decided it was time to cash out, after the rapid appreciation of the...
| Oct 23, 2013
| 12:10 PM
In a bid to spur digital movie purchases, Sony Pictures has struck a deal with Wal-Mart's Vudu video streaming service to add video sharing and other features to new releases including "This Is the End" and "After Earth" as well as forthcoming titles such...
| Oct 23, 2013
| 7:27 AM
After the coffee. Before deciding who to root for in the World Series.
The Skinny: If I don't have a personal rooting interest in the World Series, I tend to go with the American League. This year is tougher since the Red Sox beat the Tigers and I hate...
| Oct 23, 2013
| 12:40 PM
The Directors Guild of America and the group representing the major Hollywood studios have agreed to begin contract negotiations next month, nearly seven months before the expiration of the current agreement.
The DGA and the Alliance of Motion Picture...
| Oct 24, 2013
| 9:36 AM
Dozens of people have called on the Federal Trade Commission to investigate multilevel marketing, a controversial industry that includes companies such as Herbalife Ltd., Amway, Avon and others.
In a letter delivered to the FTC's Washington offices...
| Oct 25, 2013
| 10:08 AM
Netflix said it will become the exclusive subscription on-demand service providing Disney live-action and animated films in the Netherlands.
Beginning next year, Netflix subscribers will have access to first-run films from Disney, Pixar and Marvel...
| Oct 28, 2013
| 7:21 PM
Nutritional products maker Herbalife Ltd. reported a nearly 27% jump in third-quarter profit amid double-digit sales growth in China and Latin America.
The Los Angeles company reported net income of $142 million, or $1.32 a share, for the three months...
| Oct 31, 2013
| 9:40 AM
The founder of Newport Beach-based Pacific Investment Co. (PIMCO) and his wife have pledged to give their fortune to charity before they die, according to published reports.
Bill and Sue Gross, who have an estimated wealth of $2 billion, plan to...
| Jul 15, 2013
| 2:04 PM
With a shareholder vote just days away, T. Rowe Price, one of Dell Inc.'s major investors, reaffirmed its opposition to a $24.4 billion buyout offer for the personal computer manufacturer.
"We continue to believe the proposed buyout does not reflect the...
| Jul 17, 2013
| 5:50 PM
Billionaire investor Carl Icahn said he’s had a change of heart about hedge fund manager Bill Ackman, with whom he’s engaged in a widely publicized rift about the merits of Los Angeles nutritional products company Herbalife Ltd.
| Dec 27, 2013
| 2:41 PM
Investor activist Carl Icahn has submitted an advisory proposal asking Apple to increase the size of its stock buyback program in 2014 to $50 billion.
The details of the proposal were included in a proxy statement that Apple filed Friday afternoon with...