Month: January 2020

Toward the end of NBCUniversal’s two-hour long presentation of its Peacock streaming video service Thursday, the media and entertainment company dropped a revealing piece of information that rival companies haven’t made available. Comcast’s NBCUniversal estimates its streaming service will generate average revenue per user (ARPU) per month of $6 to $7. This is an aggregate
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Getty Images Earlier this month, scores of high school seniors submitted their applications to college. Now comes the worst part: waiting. In the wake of a college admissions scandal and as the super-low admission rate at many top colleges receives widespread attention, the business of getting in to college is more intense than ever. However,
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If you can’t beat ’em, join ’em. Fast-casual restaurant chains like Chipotle Mexican Grill and Sweetgreen have been stealing customers from full-service restaurant chains like Outback Steakhouse and IHOP. To fight back, some casual dining chains have been launching spinoff restaurants that copy that business model. Fast-casual restaurants are smaller in size, with less seating
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A year ago, Boeing posted record revenues topping $100 billion with hopes of delivering a chart-topping number of airplanes in 2019, including hundreds of 737 Max jetliners. The news isn’t going to be so rosy on its fourth-quarter earnings call this year. Those bestselling planes were grounded worldwide in March after the second of two
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David Tepper, founder of Appaloosa Management, said Friday he still likes this bull market, which is the longest on record.  ”I love riding a horse that’s running,” Tepper told CNBC’s Joe Kernen in an exclusive email. ”We have been long and continue that way.” The current bull market started in March of 2009. Since then, the S&P 500
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