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Business News / Business

Olympics, cable growth spur Comcast revenue

The Winter Olympic Games in Sochi scored $1.1 billion in advertising revenue for NBCUniversal's broadcast-TV and cable networks, 40 percent more than the advertising for the Vancouver Winter Games in 2010, Comcast Corp. reported Tuesday.

The ...

Congress takes up food-labeling fight

WASHINGTON -- The federal government and a number of states are on a collision course over labels for genetically engineered food.

A bill introduced in the U.S. House earlier this month would ban states from passing food labeling laws. One that ...

Novartis, GlaxoSmithKline swap drug businesses

PHILADELPHIA -- In a multibillion-dollar deal, drugmakers GlaxoSmithKline PLC and Novartis AG said Tuesday that they will trade parts of their companies and form a joint venture with a third part.

London-based GSK will sell its existing cancer ...