ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s David Faber joins ‘Squawk on the Street’ to discuss news of Comcast exploring the separation of its cable networks business. 07:32 12 minutes ago Source link
Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” The possible separation would not include broadcast network … Read more
Getty Images The Liberal Democrats have called on the government to exempt social care from the rise in National Insurance. The party said the chancellor had provided extra funding for the NHS and other public sector organisations to cover the cost of the tax rise – but because the vast majority of care providers are … Read more
Manchester United have reached an agreement with Sporting Lisbon over the hire of Ruben Amorim as head coach. As part of the deal Amorim is set to stay with Sporting for their next three games, including against Manchester City on Tuesday and Braga on November 10, meaning he would first take charge of United away at Ipswich … Read more
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday. The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. The Fed uses the PCE reading … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Starbucks CEO Brian Niccol joins CNBC’s Andrew Ross Sorkin to discuss the appeal of coffee, putting guardrails around drink customization, the company’s menu plan, how the challenges at Starbucks compare to what he faced at Chipotle, the brand’s future in China, 2024 … Read more
The House Oversight Committee is calling for Federal Trade Commission Chair Lina Khan to be replaced, accusing her of infusing the powerful agency with “left-wing ideology” and allowing it to be used as a “political tool” for Democrats as the 2024 presidential election comes to a head. The GOP-led panel ripped he 35-year-old US regulator … Read more
Tuberculosis (TB) is once again the infectious disease responsible for the most deaths worldwide, according to a Tuesday announcement from the World Health Organization (WHO). The contagious disease was responsible for 1.25 million global deaths in 2023, WHO reported, including 161,000 people with HIV. COVID-19 had overtaken TB as the world’s leading infectious killer for … Read more
If the New York Yankees had played clean defense in the World Series, they likely would have a 3-2 series lead heading back to California. Instead, the Los Angeles Dodgers won the Fall Classic in five games. The Bronx Bombers lived up to their name early in Game 5 on Wednesday night, getting out to … Read more
Aerial footage shows a massive column of smoke, as a fire engulfed a shopping centre in Sao Paulo, Brazil. The blaze spread across 18,000 square metres and destroyed more than 200 stores, local media reported, citing fire brigade’s estimates. The smoke rose more than 150 metres high, and part of the shopping centre’s roof collapsed, … Read more