McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
Comcast’s all cash offer may not go down well with Fox’s biggest shareholder, the Murdoch family, since accepting the deal would force it to potentially pay a multi-billion dollar capital gains tax. In a move that has essentially sparked a… Read More ›
Despite the U.S. wireless market being saturated, Sprint is making headway through sweetened price points and better connectivity. According to sources familiar with the matter at hand, Sprint Corp’s proposed merger with Charter Communications Inc has yet to come to… Read More ›
The wireless market in the U.S. is getting hotter with cable providers crowding in. In a strategic move which will have a significant impact on Comcast Corp, the company has unveiled a wireless service with an unlimited data plan, thus… Read More ›
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