Edward Johnson 
Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen … Read more
Hamid Akhavan, EchoStar CEO, speaking on CNBC’s “Squawk on the Street” on Sept. 30, 2024. CNBC EchoStar is selling its Dish TV provider and digital business Sling to rival provider DirecTV in a deal announced Monday that brings together two of the largest pay-TV providers and sent EchoStar shares plunging 10%. DirecTV agreed to pay … Read more
It’s not quite the 2005 Ashes, but well played, the board of Rightmove. REA Group, the would-be bidder majority-owned by Rupert Murdoch’s NewsCorp, is slinking back to Melbourne with its tail between its legs. A retreat wasn’t the way to bet on day one, but humiliation for the Murdoch vision of creating a multi-hemisphere property … Read more
Metal stocks like NMDC, Vedanta and SAIL among others surged up to 5% in today’s intraday session, defying the broader market sentiment, still supported by China’s stimulus measures. Shares of NMDC surged 5% to day’s high of Rs 247 while NMDC Steel shares went up by 4.5% to Rs 55.22. Vedanta’s shares jumped 2% to … Read more
It is mere coincidence that the closure of the blast furnace at the Port Talbot steel works and the shut down of Britain’s last coal-fired power station at Ratcliffe-on-Soar in Nottinghamshire happened on the same day. Yet, while the timing of the two events is pure chance, they are freighted with significance. Like Dickens’s A … Read more
Once the domain of youth groups and backpackers, hostels have done a great job of reinventing themselves in recent years to appeal to a broader cross-section of travellers, including families and couples. Not only do they offer affordable accommodation, but they are often found in beautiful locations. And some places will let you have exclusive … Read more
Shares of Anil Ambani’s Reliance Power witnessed some profit booking in today’s session, falling by 4.6% to its day’s low of Rs 44.22 on the BSE ahead of its Board meeting scheduled on October 3. Reliance Power shares broke their 8-day winning streak in today’s session. Reliance Power shares have been in focus after the … Read more
So far, when AI companies have trained on YouTube’s invaluable stash of videos, captions, and other content, they’ve done so without permission. An AI-focused content licensing startup called Calliope Networks is hoping to change that with its new “License to Scrape,” a program aimed directly at YouTube stars. “There’s obvious demand from AI companies to … Read more
We’d like to find out more about the cost of being single and how much people pay compared to the cost for couples, or people with children. How much do you pay for your rent, mortgage, bills, holidays or entertainment? If you have paid a single supplement, how much did it cost? Do you have … Read more
Kumar Rakesh, Associate Director, Equity Research, BNP Paribas says one should expect a much weaker set of auto sales numbers in September as half of the month came under the inauspicious Pitru Paksha where new purchases are nor made. Within that, the passenger vehicle industry has been moving towards low single-digit, flattish, sort of a … Read more
