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.
Taylor Swift's concert tour has dominated the box office in recent days and it's also the top-grossing concert film of all time here in the U.S. But a conversation on social media raised questions about movie etiquette and videos shared show film audiences singing, shining their phone flashlights and dancing in the aisles.
Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.