Billion Spinoff Nbcuniversal

Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels

The new venture will house channels like E!, USA and MSNBC, and Comcast is set to announce several leadership changes.

Business - The Wall Street Journal - 13 hours ago

TV networks MSNBC and CNBC to be spun off by Comcast

Channels including USA, Oxygen, E! and Syfy will also be moved to the new media company.

IAC exploring spinoff of home improvement marketplace Angi

The company said there's no specific timeline for when the spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter.

Business - CNBC - November 11

Comcast stock gains on report that NBCUniversal cable networks will be spun off

Comcast Corp. stock rose in after-hours trading Tuesday after the Wall Street Journal reported the company is expected to announce a plan to spin off most of its cable TV networks.

Business - MarketWatch - 12 hours ago

Why a possible spinoff of Comcast’s cable networks is drawing cheers

Analysts think Comcast’s sprawling empire could get more investor respect without its troubled cable networks, and the networks could benefit from being on their own as well.

Business - MarketWatch - November 1

Cole Hauser wants more 'Yellowstone' too, especially a spinoff for Rip and Beth

'Yellowstone' star Cole Hauser, who plays fan favorite Rip Wheeler on the hit neo-western series, is gunning for more episodes of the Paramount Network show.

Entertainment - Los Angeles Times - November 11

John Malone Moves to Simplify Empire with Liberty Live Spinoff

Liberty Media’s CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses.

Business - The Wall Street Journal - 6 days ago

Comcast to spin off cable networks as subscribers flee the bundle

Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.

Business - CNBC - 34 minutes ago

Comcast will announce the spinoff of cable networks Wednesday, sources say

Comcast is moving forward with the spinoff of its cable networks, including CNBC, MSNBC and E!, according to people familiar with the matter. Sources say the spinoff will be announced Wednesday and ...

Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say

Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News.

MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?

Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...

Business - MarketWatch - November 11

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

The hidden billions Argentines hold in undeclared savings

Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ culture

World - Financial Times - October 23

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - October 24

Paris aid conference mobilizes €1 billion for Lebanon

World - Yahoo News - October 24

Waymo Raises $5.6 Billion From Outside Investors

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Business - The New York Times - October 28

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - October 29

UEFA pledges $1 billion to grow women's soccer

UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.

Sports - ESPN - October 30

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

Siemens to Buy Altair in $10.6 Billion Equity Deal

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.

Business - The Wall Street Journal - October 30

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Kroger Finalizes $1.37 Billion Opioid Crisis Settlement

Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.

Business - The Wall Street Journal - November 4

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - November 11

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - 6 days ago

Corruption overshadows Ukraine's multi-billion reconstruction progam

World - Yahoo News - 6 days ago

Samsung Electronics Plans $7 Billion Share Buyback

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.

Business - The Wall Street Journal - 4 days ago

MicroStrategy’s stock surges on $4.6 billion bitcoin buy

MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.

Business - MarketWatch - Yesterday

MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off

The stock is up 460 percent this year thanks to the crypto—more than double Nvidia’s returns.

Business - Inc. - 22 hours ago

A look at the $3 billion classroom safety industry

With school shootings continuing throughout the U.S., classroom safety has become big business. Mark Strassmann takes a look at how some companies are trying to keep students safe.

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

European Parliament votes in favour of €35 billion loan for Ukraine

World - Yahoo News - October 22

SAP Gains $26 Billion in Market Value, Surging Past ASML

The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.

Business - The Wall Street Journal - October 22

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Boeing reports $6 billion loss ahead of pivotal union vote

Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...

Politics - The Hill - October 23

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