Business

Disney, a renowned entertainment giant, is considering selling ABC and its owned affiliates, linear cable networks, and a minority stake in ESPN. Unlike most sellers motivated by financial gains, Disney’s primary drive is to reposition itself as a modern media company and signal to investors that the time for traditional TV is over. With a
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In a historic move, the United Auto Workers (UAW) labor union has initiated targeted strikes against the three major Detroit automakers. The strikes, which began early Friday morning, have impacted three key plants responsible for manufacturing popular vehicle models such as the Ford Bronco, Chevrolet Colorado, and Jeep Wrangler. This simultaneous action against all three
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In a landmark decision, an independent advisory panel to the Centers for Disease Control and Prevention (CDC) has recommended that all Americans aged 6 months and above receive updated Covid vaccines from Pfizer and Moderna. This move marks a significant step towards ensuring the availability of the shots to all Americans in the coming days.
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In a recent announcement, Kroger revealed that it has agreed to pay $1.2 billion to settle the majority of claims against the company regarding its alleged contribution to the opioid epidemic. This settlement, which covers claims made by U.S. states, local governments, and Native American tribes, follows similar agreements reached by other retail pharmacy chains
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The timeline for deciding the ownership fate of Hulu has undergone a significant shift, according to Comcast CEO Brian Roberts. The discussions between Comcast and Disney, originally scheduled for January 2024, are now set to take place on September 30. These talks will involve the appraisal process and have greater implications for the streaming service
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