Suntory Buys Jim Beam For $13.6 Billion
The acquisition makes Suntory the world's third-largest liquor producer. Current CEO Matt Shattock will continue to run the business.
| Andrew Mitrisin
Business
Uber Lowers Ridesharing Prices To Undercut Taxis
On-demand car service Uber has slashed prices across the country, and some analysts say this will have a big impact on the transportation market.
The Weather Channel Slams DirecTV In Stormy Contract Fight
The Weather Channel has mounted a public campaign pressuring DirecTV to renew the network's contract after negotiations broke down.
Neiman Marcus Customers At Risk After Data Breach
Neiman Marcus has learned hackers might have stolen shoppers' credit card information after accessing the retailer's customer database.
Could 110 Million Target Customers Have Been Hacked?
The number of Target customers affected by hacking could be millions more than previously thought, and the data stolen could be more extensive.
| Laura Heck
IBM's Watson Gets Own $1B Business, Will Move To NYC
The 10-digit sum will reportedly go toward a new headquarters in New York, improving cognitive computing software, and boosting innovation.
Lenders Using Social Media To Determine Creditworthiness
A Wall Street Journal feature shows lenders are looking closely into potential borrowers' social media activity to establish creditworthiness.
Newest Mobile Fight? T-Mobile Offers To Pay Termination Fees
In the latest gauntlet thrown down by a major mobile carrier, T-Mobile says it'll give you up to $650 to switch providers.
Macy's To Cut 2,500 Jobs, Save $100 Million
Although Macy's saw favorable numbers during the holiday season, the company plans to reduce jobs and close stores in a restructuring effort.
New Old Spice Ad Is Both Hilarious And Terrifying
A new ad, which premiered on TV during the NFL playoffs, shows moms struggling to let go of their sons, who are all on dates thanks to Old Spice.
Chinese Businessman Wants To Buy The New York Times
A Chinese recycling mogul says he is serious about buying The New York Times for $1 billion.
| Laura Heck
Wash. Union Narrowly Agrees To Boeing's 777X Contract
After months of tension, a Washington union of Boeing workers has agreed to accept benefit cuts as part of a new contract with the state.
AT&T Offers Customers $450 To Leave T-Mobile
Not one to be one-upped by competitor T-Mobile, AT&T is offering T-Mobile customers $450 to switch over.
Facebook Scans Users' Private Messages, Lawsuit Claims
A lawsuit alleges Facebook scans URLs in private messages to monitor Web activity for advertisers.
| Amy Kluber
H. Ty Warner Begs Judge For No Jail Time In Tax Evasion Case
The billionaire creator of Beanie Babies is begging a judge not to put him behind bars after admitting to tax evasion.
Ford Introduces Solar-Powered Hybrid
Ford's new solar car uses a canopy to boost solar cell power. Testing will begin later this year.
| Amy Kluber
Fiat Taking Full Control Of Chrysler
Italian car company Fiat, who has been the majority stake holder for Chrysler since '09, agreed to purchase the remaining 41.5 percent of the company.
Netflix CEO Reed Hastings To Receive 50% Pay Bump
Netflix CEO Reed Hastings is set to receive a 50 percent salary bump in 2014.
2013: Best Year For U.S. Markets Since 1990s
The Dow closed at its record high Tuesday for the 52nd time this year, closing out a strong 2013 for U.S. markets.
Thousands Of Target Gift Cards Improperly Activated
The issue could affect as many as 40,000 gift cards sold over the holiday period and piles more pressure on the embattled retailer.
Netflix Tests New Pricing Tiers
The test pricing is only available to new users and provides cheaper plans for cost-conscious customers.
| Amy Kluber
Drone Testing Approved For 6 Sites Across U.S.
The FAA has approved six testing sites for researchers to develop drones that could one day share the skies with commercial airliners.
NFL's Black Monday: 5 Coaches Get Axed
The Browns, Redskins, Lions, Vikings and Buccaneers all released their coaches Monday as the Jets and Cowboys stand pat for now.
Is Facebook 'Dead and Buried?'
A new UK study finds that more and more younger users are flocking away from Facebook to simpler social networks.
This Is What Happens When China Bans U.S. Shellfish Imports
China banned imports of shellfish from the Pacific Northwest, and states like Washington say it's taking a huge economic toll.
Hundreds 'Pay It Forward' At Connecticut Starbucks
At a Starbucks in Newington, Connecticut, some 450 people paid for the drink orders of the car behind them for Christmas.
UPS Misses Deadline, Leaves Christmas Presents Undelivered
Thousands of UPS packages failed to show up on time after the company was overrun with holiday orders.
McDonald's Site Tells Workers Not To Eat At McDonald's
The fast food giant shut down its employee resource website after a post encouraging workers to skip out on burgers, fries and other unhealthy foods.
T-Mobile's GoSmart Offers Unlimited Facebook Access
T-Mobile's prepaid wireless brand, GoSmart Mobile, will offer free data access to Facebook starting in January.
Apple Announces Deal With China Mobile
China Mobile has finally signed a deal with Apple, bringing the iPhone to China Mobile's 769 million customers.
