CBS, Viacom may combine
Viacom and CBS have discussed a merger, according to Reuters, which broke the story. The talks could be a first step toward a recombination of CBS and Viacom.
In another example of everything old is new again, the XFL may be coming back. WWE CEO Vince McMahon says a new professional football league will launch in 2020 with eight teams and a 10-week schedule.
American Airlines says it may raise fares because of higher fuel costs. The move could cause fares to rise across other airlines as well.
Since 2014 alone, sales of subcompact SUVs have more than tripled. The tiny SUVs start at $20,000 but can be highly profitable for car companies. Ford plans to roll out its EcoSport subcompact SUV to dealers this month. The cars are attractive to young buyers looking for a versatile entry-level car, and older buyers looking to downsize from larger SUV models.