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Comcast will announce the spinoff of cable networks Wednesday, CNBC source says

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says

The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast is moving forward with the spinoff of its cable network channels, a person familiar with the matter told CNBC’s Julia Boorstin on Tuesday. The separation is expected to take about a year, and an […]

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says Read More »

SpaceX completes sixth Starship flight, splashes down both booster and spacecraft

SpaceX completes sixth Starship flight, splashes down both booster and spacecraft

SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. The rocket took off from SpaceX’s private “Starbase” facility near Brownsville, Texas. There were not any people on board the Starship flight. Starship reached space and traveled halfway around the

SpaceX completes sixth Starship flight, splashes down both booster and spacecraft Read More »

Walmart may have to raise some prices if Trump tariffs take effect, CFO says

Walmart may have to raise some prices if Trump tariffs take effect, CFO says

A Walmart store in Martinez, California, US, on Monday, Nov. 18, 2024. Walmart Inc. is scheduled to release earnings figures on November 19.  David Paul Morris | Bloomberg | Getty Images Walmart‘s CFO John David Rainey said the retailer could have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.

Walmart may have to raise some prices if Trump tariffs take effect, CFO says Read More »

Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year

Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year

LOS ANGELES, CALIFORNIA – AUGUST 20: The exterior sign of a Lowe’s home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images) Eric Thayer | Getty Images News |

Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year Read More »

What travelers need to know about Spirit Airlines’ bankruptcy

What travelers need to know about Spirit Airlines’ bankruptcy

A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. The budget

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AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way

AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way

Cars drive near an AMC Theater in New York City on March 29, 2023. Leonardo Munoz | View Press | Corbis News | Getty Images The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world’s largest movie theater chain, however, isn’t on such solid footing.

AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way Read More »

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