The Federal Reserve is throwing away as much as $3 billion of the new $100 after a printer error rendered them unusable. The new $100 bills were supposed to debut two years ago, but have been delayed due to continuing problems with printing
CBS Corp. and Time Warner resumed negotiations after a longstanding dispute regarding transmission fees, which resulted with Time Warner dropping CBS programming in several large U.S. markets, including New York, Dallas and Los Angeles for the past seven days.
President Obama hailed New York and the U.S.'s comeback from the housing bust on Tuesday, saying it was time to reduce the federal role and risk in the mortgage market "to make sure this kind of crisis we went through never happens again."
Amazon.com Inc. Chief Executive Jeff Bezos bought The Washington Post in a $250 million deal announced on Monday, which underscored the economic decline of the newspaper business and a renewed emphasis on the role of modern media in shaping news.
