On a Thursday afternoon towards the end of last month, a 59-year-old Palestinian woman set out to gather olives on her family’s land near the village of Faqqua, in the north of the occupied West Bank. It was something that Hanan Abu Salameh had done for decades. Within minutes, the mother of seven and grandmother […]
Read More
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan – set to be announced on Wednesday – is to create a new company that will include channels […]
Read More
Donald Trump has named investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor Fitzgerald, would spearhead the administration’s “tariff and trade agenda”. Lutnick had also been in the running for treasury secretary, a more high-profile role. […]
Read More
Here are five key things investors need to know to start the trading day: 1. Investors await Stock futures inched higher Wednesday as Wall Street anticipates Nvidia’s earnings report after the bell. Futures tied to the Dow Jones Industrial Average rose about 0.16%, while S&P 500 futures increased 0.09% and Nasdaq 100 futures ticked up by 0.07%. Follow live market updates. 2. […]
Read More
The National Hockey League is commanding more respect when it comes to team values. The average NHL team is worth $1.92 billion, according to CNBC’s Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball. What accounts for the league’s ascension? Steady revenue growth combined with […]
Read More