Recent Posts

US consumer sentiment rises most since 2016 on gain in jobs

Bloomberg US consumer sentiment climbed in early June by the most since 2016 as more states began to reopen their economies and employers restored jobs. The University of Michigan’s preliminary sentiment index increased 6.6 points to 78.9, according to data. The median projection in a Bloomberg survey of economists called for a gain to 75. Even with the improvement, the ...

Read More »

Satellite firm works to fly delivery drones hundreds of miles

Bloomberg Inmarsat Group Holdings Ltd. says it’s found a way to safely fly civil drones over long distances, a step that may help pave the way for mass adoption by industries from transportation to energy and infrastructure. Current rules mean most non-military users have to keep drones where they can see them and can only operate one at a time ...

Read More »

AT&T considers selling gaming unit in $4b deal

Bloomberg AT&T Inc. is considering a sale of Warner Bros. video-game unit, a business that could fetch about $4 billion and help the company pare down its almost $200 billion in debt, CNBC reported. Activision Blizzard Inc., Electronic Arts Inc. and Take-Two Interactive Software Inc. are interested in potentially buying the division, according to CNBC, which cited unidentified people familiar ...

Read More »
Send this to a friend