Comcast Corp abandoned its US$45 billion offer for Time Warner Cable Inc on Friday after U.S. regulator raised concerns that the deal would give Comcast an unfair advantage in the cable TV and Internet-based services market.
Apple Inc managed to frustrate gadget lovers and investors desperate to find out the components of its new smartwatch on Friday, encasing its chips in tough resin and using rare screws to thwart people trying pry it apart.
PepsiCo Inc said it would replace its current Diet Pepsi offerings in the United States with those free of aspartame, an artificial sweetener that has come under scrutiny from health-conscious consumers.
Samsung Electronics Co Ltd teased the market with hints of a new version of its Gear smartwatch on Friday, the same day that rival Apple Inc's long-awaited wearable devices went on sale.
A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting.
Apple Inc aims to ship at least 20 million Apple Watches this year, well above many analysts' forecasts, according to supply chain sources.
Canadian Imperial Bank of Commerce is in talks with several U.S. companies on a potential $2 billion wealth-management and private-banking acquisition, its top executive said in an interview.
Samsung Electronics has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple's premium branding.
The Financial Industry Regulatory Authority (FINRA) said it has ordered RBC Capital Markets to pay a $1 million fine and about $434,000 in compensation to customers for supervisory failures.