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.
Investors weren't jolted by the downgrade because they already know the fractured state of U.S. politics, the size of the country's public debt, and the challenges it faces to pay for Social Security, Medicare and other expenses.
The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than that seen one month ago, according to motor club AAA. While today's prices at the pump remain far lower than they were last year, when energy costs soared worldwide in the months following Russia's invasion of Ukraine, experts say such a jump is unusual.