Comcast’s Peacock streaming service to offer free and $5- or $10-a-month options
Comcast Corp-owned NBCUniversal’s new Peacock service, its belated entry into the streaming video wars, will offer free and $5-per-month options with advertising, the company announced on Thursday.
Factbox: How NBCUniversal’s Peacock streaming service stacks up against others
Comcast Corp’s NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field.
Which company just hit $1 trillion? Google it.
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock’s extraordinary gains.
Alphabet public market capitalization tops $1 trillion
The public market capitalization of Google parent Alphabet topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.
Apparel retailer Gap calls off plan to spin-off Old Navy
Apparel retailer Gap Inc on Thursday called off a plan to spin-off its Old Navy brand due to weak business performance, costs and the complexity of splitting into two.
Exclusive: Cyber security firm McAfee hires new CEO
McAfee LLC told Reuters on Thursday it has hired Peter Leav, the former CEO of BMC Software, as its new CEO, replacing Chris Young, who created the cyber security company in its current form by carving it out of Intel Corp four years ago.
Factbox: How the North American trade deal will affect autos, digital trade, drugs
The U.S.-Mexico-Canada trade agreement (USMCA) that was passed by the U.S. Senate today modernizes the 26-year-old North American Free Trade Agreement that has been blamed for hollowing out the U.S. manufacturing sector.
U.S. Senate passes North America trade deal, Canada still to approve
The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.
Oil ends higher, as trade deal progress spurs energy demand hopes
Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020, which offset bearish market comments from the International Energy Agency.
S&P 500 cracks 3,300 on strong bank earnings and retail data
The S&P 500 hit the 3,300 mark for the first time on Thursday and the other main U.S. indexes also broke record highs, fueled by solid retail sales data and upbeat Morgan Stanley earnings.
