Tag Archives: Comcast Corp

[ad_1] New York CNN Business  —  Shepard Smith will exit CNBC later this year after the business-focused news network announced on Thursday that it will cancel his show as it undergoes a “strategic realignment” under new leadership. The end of “The News with Shepard Smith,” which will air its final …

[ad_1] Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the almost 70-year-old executive, who has been in …

[ad_1] Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company.  On Tuesday, the company reported earnings for …

[ad_1] Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 22.4% after issuing weak guidance for the current quarter and missing earnings estimates for the third quarter. Meta Platforms also shared its second consecutive quarterly revenue, with its Reality Labs unit losing …

[ad_1] A sign is seen outside of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Check out the companies making headlines before the bell. Meta — The social media stock dropped 22.8% after Meta reported an earnings miss and …

[ad_1] Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey …

[ad_1] The nation’s largest employers collectively laid off more than 100,000 workers during the pandemic, according to a report released Tuesday by a House subcommittee. Hourly workers were hit particularly hard. Not only were they more likely to get fired in 2019, 2020 and 2021 than salaried employees, but they …

[ad_1] Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will …

[ad_1] CNN  —  Three boaters clung to a makeshift raft of ice chests and fended off shark attacks and jellyfish stings in the waters near Empire, Louisiana, until they were rescued 28 hours later, all thanks to a miraculous text message. The three longtime friends set out on October 8 …

[ad_1] Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas City, Missouri. Tammy Ljungblad | Tribune News Service | Getty Images The National Football League season is heading …