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Comcast sells A&E stake to Disney, Hearst for $3B

NEW YORK (AP) - Comcast's NBCUniversal is selling its stake in A&E Television Networks to Disney and Hearst for $3.03 billion in cash. Comcast Corp., which owns 15.8 percent of A&E, said Tuesday that it will sell its stake to Walt Disney Co. and Hearst Corp., its partners in the A&E joint venture. The company said in May ...

July 10, 2012 | | Nation










USDA reports corn in 18 states hurt by ongoing drought

DES MOINES, Iowa (AP) - Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop. The U.S. Department of Agriculture report said 30 percent of the corn in the 18 states that produce most of the nation's crop is now considered in poor or very poor ...

July 09, 2012 | | Nation




Allegiant Air predicts big capacity growth; starting Stockton-Hawaii flights later this year

LAS VEGAS (AP) - Allegiant Air predicts its capacity will grow by double digits in the next two quarters, much of it thanks to new flights to Hawaii from several cities on the mainland. Las Vegas-based Allegiant Travel Co. is projecting the airline will see 15 to 19 percent more scheduled seat miles in the third quarter and 22 to 26 ...

July 09, 2012 | | Nation


Bailed-out AIG now wants $30.2 million in tax interest

NEW YORK (AP) - American International Group, the insurance giant saved by a massive federal bailout, wants some tax money back - from 1991.

July 06, 2012 | | Nation








Tepid jobs data set a tone for race

July 06, 2012 | | Nation




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