Business

Comcast reportedly plans to resell Verizon Wireless service

Comcast operates millions of Wi-Fi hotspots in major cities around the U.S. In addition, while Verizon may not like the idea, those hotspots could successfully serve as the foundation of Comcast's network and the nation's top wireless carrier's cell tower could patch in the calling in rural areas.

Business

California utility gets $400M settlement tied to closed nuke

Under the settlement, Southern California Edison will get $312.8 million and San Diego Gas & Electric will get $80 million, a Southern California Edison news release stated. That agreement is under review after revelations of backroom conversations between the Edison executives and staff and members of the utilities commission.

Business

Money carrier shot in the head at Publix in Altamonte Springs

Martinez was critically injured and taken to a hospital, where she's recovering. A total of seven vehicles, including a tractor-trailer, were involved in the crash. The posted speed limit in the area is 45 miles per hour. Police released part of a security camera video from inside the store that they said showed the suspected gunman, described as a black man wearing a long-sleeve plaid shirt an orange or purple hat, possibly with a Phoenix Suns logo, talking on a phone inside the store and ...

Business

Seong-Jin Cho of South Korea won 17th global Frederic Chopin Piano

Second Prize victor Charles Richard-Hamelin of Canada received the Silver Medal and Euro 25, 000 funded by the speaker of parliament and Third Prize victor Kate Liu of the United States the Bronze Medal and 20, 000 euros funded by the prime minister.

Business

Lululemon athletica inc. (NASDAQ:LULU) Given $68.947 Consensus Target

Shares price isolated negatively from its 50 days moving average with -9.25% and remote negatively from 200 days moving average with -16.98%. A number of other equities analysts have also commented on the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink . After the retailer endured a costly product recall of its women's pants in early 2013 and the resignation of high-profile chief executive Christine Day, Lululemon revamped its sourcing and ...

Business

Biogen cuts 11% of workforce in restructuring

The stock had changed -2.64% since market close yesterday. In its earnings release , Biogen ( NASDAQ: BIIB ) said it's axing a number of the programs in its pipeline in a bid to save about $250 million a year . The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link . The firm has a market capitalization of $62.51 billion and a PE ratio of 18.00.