Comcast Makes $31 Billion Bid for Sky, Apple Plans Health Clinics
Comcast is making a $31 billion offer for European broadcaster Sky, topping Fox's bid. This is part of Comcast's push to expand into the European market. Sky has about 23 million customers across Europe. Comcast, which owns NBC and Universal Pictures, could thwart Rupert Murdoch's years-long attempt to purchase Sky.
Apple plans to open two health clinics for its employees this spring. The company has already posted job openings for the clinics, which it's calling AC Wellness. For now, the health clinics are only for employees and their families, but many wonder if this could be part of a broader push into the health industry. This comes weeks after Amazon announced it was teaming up with JP Morgan Chase and Berkshire Hathaway to create an independent healthcare company for its employees.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
