Philadelphia Business News

The nation's largest cable television company, Comcast Corp., is in talks to buy a stake in entertainment giant NBC Universal, said people familiar with the situation. Comcast has been looking to expand its entertainment offerings for several years...NBC parent company...

A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over price. Further complicating matters...

Time Warner Inc Chief Executive Jeff Bewkes said on Friday the media conglomerate is not interested in buying General Electric Co's NBC Universal. Comcast Corp, the top U.S. cable service provider, is in talks to buy a majority stake in...

The Philadelphia-based cable operator, which had hoped to have a deal announced this week to acquire a 51% stake in the entertainment giant, is being held up as NBC Universal owners spar over the value of the company, according to...

Pennsylvania Gov. Edward Rendell says a tentative agreement could end Philadelphia's transit strike by Saturday night...Philly commuters who use the subway, buses and trolleys to find other ways to get around. The Philadelphia Inquirer said the tentative five-year contract does...

Creditors trying to take over Philadelphia's two major newspapers hope to delay next week's scheduled bankruptcy auction while they challenge the bid rules. The creditors want to use $300 million owed them to bid on The Philadelphia Inquirer and Philadelphia...

Comcast Corp's quarterly profit rose a better-than-expected 22 percent, as it sold more phone and Internet subscriptions, helping to fight competition from phone and satellite companies. But the largest U.S. cable company, which sources have said is in talks to...

U.S. security software maker, reported quarterly revenue that missed Wall Street projections as sales to consumers grew at their slowest rate in almost two years. The company's shares fell 4.5 percent as the revenue shortfall, which came in the wake...

Soleil Securities on Wednesday reiterated its by rating and $40 a share price target for oil refiner Sunoco Inc. . After the market close on Tuesday, Sunoco set plans to idle its Eagle Point, N.J., refinery due to a weak...

I've read that when it comes to mutual funds, I shouldn't waste my time in anything but a low-cost index fund...E.O., online For most people, a broad-market index fund is perfect. An S&P 500 fund will instantly have you invested...