NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s Olympic Games in Paris as competition for online viewership intensifies. Peacock’s ad-supported option will also increase by $2, to $7.99 a month. The annual price for ad-free will cost $139.99, while the version […]Read More
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday to their lowest level of the year. Although Intel’s revenue is no longer shrinking and the company remains the biggest maker of processors that power PCs and laptops, sales in the first quarter […]Read More
The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. Even as the vast majority of millennials struggle with student debt, low-wage service-jobs, unaffordable housing and low savings, the millennial elite are surpassing […]Read More
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and said […]Read More
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone. Paramount Global’s special committee and David Ellison’s Skydance Media, backed by private equity firms KKR and RedBird Capital Partners, are narrowing in on how to value Skydance’s assets as part of a […]Read More
House Speaker Mike Johnson followed his first major legislative victories with a private plea to the billionaire donors who fund Republican House campaigns: Give us more money. The Louisiana Republican jumped on a call on Wednesday — as President Biden was signing into law a package of bills on Israel, Ukraine, Taiwan and TikTok that […]Read More
House Speaker Mike Johnson followed his first major legislative victories with a private plea to the billionaire donors who fund Republican House campaigns: Give us more money. The Louisiana Republican jumped on a call on Wednesday — as President Biden was signing into law a package of bills on Israel, Ukraine, Taiwan and TikTok that […]Read More
Employers who repeatedly misgender their employees or deny them access to a bathroom consistent with their gender identity are committing workplace harassment under federal anti-discrimination laws, according to a new guidance released Monday by the Equal Employment Opportunity Commission. The changes released Monday mark the first update to the guidelines in 25 years by the […]Read More
Employers who repeatedly misgender their employees or deny them access to a bathroom consistent with their gender identity are committing workplace harassment under federal anti-discrimination laws, according to a new guidance released Monday by the Equal Employment Opportunity Commission. The changes released Monday mark the first update to the guidelines in 25 years by the […]Read More
The Supreme Court on Monday added cases to its calendar for the term beginning in October that deal with veterans’ benefits, civil liability, immigration visas and pet food consumed by a dog named Clinton and a cat named Sassie. In a case that could have significant implications for those who serve in the military, the […]Read More
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