Internet service providers including Charter, Verizon and Comcast are shifting customers away from the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband, according to earnings calls and people…
Category:
Business
-
-
A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, a judge ruled that Google has held…
-
WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed to NBC News. The storied…
-
Business
Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’
by adminDiscount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter 11 filing, Big Lots agreed…
-
The battle for Rupert Murdoch’s global media kingdom is headed to the biggest little city in the world. Murdoch, the 93-year-old billionaire press baron, reportedly wants to alter the terms of an irrevocable trust so…
-
Business
Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy
by adminInternet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to…
-
New Starbucks CEO Brian Niccol will focus on improving the chain’s U.S. business in his early days on the job before he moves to fix its issues abroad, according to an open letter published on Tuesday. ″… In some…
-
The rock group The White Stripes have filed suit against GOP presidential nominee Donald Trump’s campaign for its use of the band’s megahit ‘Seven Nation Army’ in a since-deleted campaign video. Lead singer and guitarist…
-
Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud ‘glitch’ trend and referring them to law enforcement authorities. Last weekend, social media saw millions of users…
-
U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is…