Tom Wheeler, a venture capitalist and former lobbyist, moves toward a U.S. Senate hearing on his nomination to lead the Federal Communications Commission without stated support from the lawmaker who can most sway the process.
Demand for Web commercials played alongside video clips is fueling growth at marketing startups, putting such companies as Tremor Video Inc., YuMe Inc. and Adap.tv Inc. on course for initial public offerings this year.
Priceline.com Inc. has boosted annual ad spending to more than $1 billion for the first time, extending its lead over Expedia Inc. in the hotel-booking market and stepping up a rivalry that’s benefiting Google Inc.
Aung San Suu Kyi , the symbol of a 48-year struggle for democracy in Myanmar, may be freed from house arrest tomorrow, a week after a party backed by the military junta claimed a landslide election victory.
The only non-Israeli company on the Tel Aviv benchmark TA-25 stock index, Perrigo Co., is defying the market’s slump this year, surging the most since 2007 on speculation the maker of generic drugs will benefit as consumers switch from more expensive brand names.
U.S. stocks rose for the week, giving the Standard & Poor’s 500 Index the longest rally since March, amid optimism Europe’s policy makers will act to ease the region’s debt crisis and better-than-expected earnings from Caterpillar Inc. to Moody’s Corp.
Myanmar dissident Aung San Suu Kyi’s sweeping by-election win risks invigorating hardliners opposed to change if she fails to join reformers in implementing policies that boost incomes in one of Asia’s poorest countries.