US Business News

Elliott Takes 6.7% Stake in Interpublic

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Activist investor Elliott Management, which has acquired a 6.7% stake in Interpublic, will push the advertising holding company to explore sale options, a person familiar with the situation said.

Comcast Steps Up Its Game on Internet Speeds

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Comcast has begun extending fiber optic cable all the way to customers' homes in certain parts of its service area, as it competes with all-fiber providers on Internet speeds.

Boeing Agrees to Sell Parts to Iran

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Boeing has agreed to the conditions by which it could sell aircraft spare parts to state-owned Iran Air, a move that could lead to the first sale of products by a U.S. aerospace company to the Islamic republic since 1979.

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