DirecTV removes Nexstar’s programming after failing to reach distribution agreement

Reuters | July 3, 2023

(Reuters) – DirecTV removed TV station owner Nexstar Media Group’s network and local community programming from its satellite, cable and streaming systems as they failed to reach a new distribution agreement, the companies said on Sunday. Nexstar, the largest local TV station owner in the U.S., said in a statement that satellite provider DirecTV rejected […]

Why Walmart’s new bet on fashion brands, home decor threatens specialty chains

Reuters | June 15, 2023

By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try to sell them $298 cozy swivel chairs and $50 Wrangler jeans, too. Using low-cost and low-margin groceries as a draw, Walmart is adding more than […]

Florida’s DeSantis seeks to disqualify judge in Disney case

Reuters | May 22, 2023

WASHINGTON (Reuters) – Lawyers for Florida Governor Ron DeSantis, a Republican mulling a 2024 presidential run, are asking that a federal judge be disqualified from overseeing a dispute between DeSantis and Walt Disney Co, questioning the judge’s impartiality in the case. Lawyers for DeSantis, who is being sued for allegedly targeting Disney for company leadership’s […]

Spanish short-term rentals boom has tourist sector clamoring for rules

Reuters | November 22, 2022

MADRID (Reuters) – Short-term accommodation in Spain’s 20 biggest cities is rapidly catching up with the number of rooms managed by hotels, a study released on Tuesday found, prompting hoteliers to call for better regulation of their upstart rivals. Spanish travel industry association Exceltur said that about 300,000 homes are offered for short-term rental in […]

Nestle’s Nespresso to sell paper-based compostable coffee pods

Reuters | November 21, 2022

Market Recap Markets traded down slightly on Monday in advance of a holiday-shortened trading week. The Dow and the S&P 500 were waffling between positive and negative territory in the final hour of trading on low volume The Nasdaq was down nearly 1% and the Russell 2000 was down .75%. Crude Oil (WTI) continued falling amid a strengthening dollar, Covid fears in […]

Microsoft’s $69 billion Activision bid faces EU antitrust probe

Reuters | November 9, 2022

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft may have to offer concessions to address EU antitrust concerns about its $69 billion bid for “Call of Duty” maker Activision Blizzard after regulators opened a full-scale investigation on Tuesday and warned about the impact of the deal. The U.S. software company, which announced the deal in January, […]