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Monday, June 18, 2018

Federal Reserve hikes interest rate by 0.25 percent

The Federal Reserve raised interest rates by 0.25 percent Wednesday at the end of its two-day policy meeting.

Judge approves AT&T’s $85.4B acquisition of Time Warner

A federal judge on Tuesday approved a merger between AT&T and Time Warner, rejecting the U.S. government's argument that it would restrict pay-TV competition.

Kia to recall 500,000 vehicles over air bag flaw linked to federal investigation

Kia Motors Corp. plans to recall more than 500,000 cars in the United States this summer to fix an air bag flaw linked to a federal investigation into fatal crashes.

John Lasseter officially leaving Disney at the end of the year

The Walt Disney Co. has announced John Lasseter -- the chief creative officer of Pixar and Disney Animation -- will officially leave the company at the end of the year.

Facebook bug set 14M users’ post settings to public

A software bug caused some Facebook users' posts to be shared with more people than they intended for a 10-day period in May, the company announced Thursday.