Popular with cord cutters, Hulu lets people to watch network TV shows over the Internet. Depending on which suitor acquires the service, its business model could be changing.
The stock has surged 70% in the 10 months since Marissa Mayer was brought in. It's about time for the company's bold moves to start paying off.
By surrounding himself with yes-men and killing off anything that doesn't make money, the CEO could be setting himself up for a fall.
The selling offsets decent earnings from Cisco Systems and Home Depot. Techs fall, led by Microsoft and Intel. Michael Kors rises. Gold and oil slip. The major averages have fallen more than 6.6% since mid-September.
The Dow ends up 2 points after briefly falling as many as 108 points. Caterpillar sees the world economy slowing faster than expected. Apple leads tech stocks higher. Freeport-McMoRan Copper & Gold misses Street estimates.
Ads on Google's homepage never would have happened under Mayer's watch.
Demanding investors can do more harm than good to the visionary companies they support.
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While the blue chips come back from a 198-point loss, traders fear more declines ahead. Disney results cheer Street. Fossil tumbles after warning European sales are softening. McDonald's April sales disappoint. Oil briefly drops below $96.
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