Rocket Lab (RKLB), a challenger to SpaceX (SPCX) in the rocket launch business, is now going after SpaceX in a different way: satellite connectivity services. Rocket Lab said it had agreed to acquire Iridium Communications (IRDM), a pioneer in satellite voice and connectivity, for around $8 billion in a cash and stock deal. The move…
Rachel Cruze, financial coach and co-host of “The Ramsey Show,” told FOX Business that young adults should be careful about chasing “quick” wealth through sports betting, crypto and real estate moves they may not be ready for. Rachel Cruze is warning young adults — especially young men — that chasing “quick” money through sports betting,…
Verizon Communications Inc. is in advanced talks to combine some of its international business with that of the UK’s BT Group Plc, according to people familiar with the matter. Source link
The tobacco industry is grappling with declining demand for traditional cigarettes. Source link
Comcast’s media businesses, including NBC, Peacock and Universal, are moving one step closer to a sale. On Monday morning Comcast said it is spinning off NBCUniversal as well as its European media arm, Sky, into a new publicly traded company. The new company – housing the Universal movie studios and theme parks, Peacock streaming service,…
President Donald Trump bought as much as $5 million in shares of Axon Enterprise — maker of Tasers, body cameras and policing software — two weeks before Immigration and Customs Enforcement sought a five-year, $220 million contract that experts told CNBC appeared tailored to the company’s weapons. On Feb. 10, Trump purchased between $1 million…
Comcast said on Monday that it planned to split off NBCUniversal into a separate company, unwinding a 15-year corporate marriage that put celebrated films and TV shows under the same roof as cable hookups and wireless internet service. The deal would spin off NBCUniversal — home to “Saturday Night Live,” Universal Pictures, NBC News and…
Comcast announced Monday that it plans to split into two publicly traded companies by spinning off NBCUniversal and Sky. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. The move will separate Comcast’s media and entertainment assets from its broadband and wireless business. The company’s stock surged more…
Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky, to better position its strategic priorities. The spin-off is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company…
As the president and CEO of GNO, Inc., Michael Hecht averages about six media interviews and two groundbreakings or ribbon cuttings a week, plus a handful of keynote speeches and panel discussions. And that’s not including the actual work of doing economic development — pitching site selectors on the advantages of south Louisiana, lining up incentive…
