DENVER — Dish Network Corp. says it plans to close about 300 Blockbuster stores across the country, losing about 3,000 employees. Company spokesman John Hall told The Denver Post on Monday that the closures will leave about 500 Blockbuster locations ...

Tagged with: blockbuster Business Economy Retail

NEW YORK — Dish Network Corp. posted another loss of subscribers from its slowly dwindling satellite-TV business, even as larger competitor DirecTV adds to its base. Investors, however, were cheered by the announcement of a $2 per share special dividend. ...

Tagged with: blockbuster Business directv earnings netflix satellite television

Merck & Co. plans to cut as many as 13,000 more jobs under a new round of restructuring as the drugmaker prepares for generic competition for its top-selling drug and slower revenue growth in the U.S. and Europe. The announcement ...

Tagged with: blockbuster drugmaker job cuts jobs merck & co. revenue second quarter

NEW YORK — There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped pioneer the big-box bookseller concept, is seeking court ...

Tagged with: Bankruptcy bankruptcy court barnes & noble blockbuster books borders circuit city e-reader liquidation

NEW YORK — Blockbuster says a bankruptcy judge has approved Dish Network’s $228 million offer for the movie-rental chain, paving the way for a combination of the two media companies. Dish, the No. 3 pay-TV provider, won an auction for ...

Tagged with: Bankruptcy blockbuster dish network merger netflix new york Stocks

NEW YORK — Dish Network Corp. said Wednesday that it won the auction for Blockbuster Inc. with a bid valued at $228 million in cash. As of Tuesday, the satellite TV company, billionaire investor Carl Icahn and a group of ...

Tagged with: bankruptcy protection blockbuster carl icahn chapter 11 chapter 11 bankruptcy protection dallas dish network

NEW YORK — Billionaire investor Carl Icahn, Dish Network and a pair of liquidation firms are among the bidders for video-rental chain Blockbuster in an auction Tuesday morning at U.S. Bankruptcy Court in New York. The auction process is ongoing. ...

Tagged with: auction Bankruptcy blockbuster chapter 11 dish network liquidation U.S. Bankruptcy Court

LOS GATOS, Calif. — Netflix introduced a new plan Monday that, for the first time, relies solely on video streamed over the Internet rather than the DVDs that it has mailed to customers since the company was founded more than ...

Tagged with: blockbuster california dvd entertainment internet netflix rental television youtube

It’s been an on-the-one-hand-on-the-other-hand kind of week for anyone trying to get a handle on the state of our economic health. It started with word from the Cambridge, Mass.-based National Bureau of Economic Research that the recession — the longest ...

Tagged with: blockbuster layoffs money Recession Retail

NEW YORK — Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy protection, and said it plans to keep stores and kiosks open as it reorganizes. In a submission to the U.S. Bankruptcy Court in the Southern District of ...

Tagged with: blockbuster movies netflix rentals