- BusinessDenver Business Journal•2 hours ago
AT&T Inc. – which is expected to premier its streaming service DirecTV Now later this year – reportedly will work to make streaming its primary TV platform by 2020. AT&T last year acquired satellite-TV service DirecTV, which has a large Colorado footprint. Under the timeline, as reported by Bloomberg, DirecTV set-top boxes and satellite dishes could be obsolete in three to five years. Bloomberg cites people familiar with the plans. Dallas-based AT&T (NYSE: T) has claimed no allegiance to satellite TV technology from day one of its $48.5 billion acquisition of DirecTV, but it hasn’t publicly provided any definitive answers or a timeline on a migration of its 25 million video subscribers toward
- BusinessBusiness Insider•yesterday
Oil is going through the roof following a Reuters report citing sources that say OPEC has reached a deal to limit oil production, with the deal going into effect in November. Prices for Brent crude oil, the international benchmark, surged by as much 6.3%, to $49.44 per barrel, around 2:33 p.m. ET. "OPEC agreed on Wednesday to reduce its oil output to 32.5 million [barrels per day] from the current production levels of around 33.24 million bpd, two OPEC sources told Reuters.
- financeJulia La Roche•5 hours agoBillionaire Howard Marks: Clinton isn't 'the candidate of change' but at least she's 'sane and competent'
Democratic presidential nominee Hillary Clinton reacts to her newly unveiled campaign plane before boarding for the first time at the Westchester County Airport in White Plains, N.Y. , on September 5, 2016. At the Bloomberg Markets Most Influential Summit on Wednesday, Marks wasn’t exactly enthused