Browsing Tag:Deal

new-yorker-union-reaches-deal-with-conde-nast-after-threatening-to-strike
After more than two years of talks, an evening protest outside Anna Wintour's townhouse in Greenwich Village, and threats of a strike, a group of union officials from the New Yorker and two other publications reached an agreement with their parent company Condé Nast.The New York Union and the unions of two other Condé Nast publications, Ars Technica and...
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virgin-orbit-in-talks-with-spac-for-3-billion-deal-to-go-public
Richard Branson's Virgin Orbit takes off on a rocket under the wings of a modified Boeing 747 jetliner for a major drop test of its high-altitude launch system for satellites from Mojave, Calif., July 10, 2019.Mike Blake | ReutersVirgin Orbit, the satellite launch spin-off from Sir Richard Branson's Virgin Galactic, is in advanced discussions to go public via...
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global-tax-deal-reached-among-g7-nations
She described the agreement as "significant" and "unprecedented"."This global minimum tax would end the race to the bottom in corporate taxation and ensure fairness for the middle class and working population in the US and around the world," she said in a statement. “The global minimum tax would also help the world economy thrive by creating a level...
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bill-ackman-sees-universal-music-spac-deal-closing-later-this-month
Bill Ackman, Founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman said Friday he expects to close his SPAC deal to purchase 10% of Universal Music Group for approximately $ 4 billion by the end of this month.Ackman's blank check firm Pershing Square Tontine Holdings (PSTH) is likely to close the deal...
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privacy-laws-need-updating-after-google-deal-with-hca-healthcare-medical-ethics-professor-says
US privacy laws need to be updated, especially after Google signs a deal with a major hospital chain, medical ethics expert Arthur Kaplan said on Wednesday."Now we have electronic medical records, huge amounts of data, and it's like asking a navigation system from a WWI plane to guide us to the space shuttle," said Kaplan, professor at the Grossman...
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met-operas-deal-with-its-choristers-has-less-savings-than-it-sought
The union, which represents the Metropolitan Opera choir, thwarted calls for a 30 percent cut in labor costs the company had needed to survive the pandemic. But the contract it tentatively agreed to will save the Met millions by cutting wages slightly, adding members to the union's health insurance, and downsizing the regular choir.The American Guild of Musical...
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james-bond-meet-jeff-bezos-amazon-makes-8-45-billion-deal-for-mgm
"It is important that mergers and acquisitions by monopoly companies, which are growing at enormous and exponential rates, be scrutinized," said Buck. Amazon's revenue rose 44 percent to $ 108.5 billion in the first quarter of 2021. This is the company's fastest increase in nearly 10 years.Amazon's entertainment strategy has evolved with the proliferation of streaming services....
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its-a-big-deal-for-americas-push-to-reopen-says-nih-director-on-pfizer-vaccine-approval-for-adolescents
The director of the National Institutes of Health, Dr. Francis Collins, called the Food and Drug Administration approval for emergency use of Pfizer and BioNTech's Covid vaccine for children ages 12-15 as "a big deal" in America's drive to reopen. "This is exciting news," said Collins. "We know that since this pandemic started, one and a half...
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with-knives-out-deal-netflix-signals-its-in-the-franchise-business
"The pandemic has really hit streamers with theatrical distribution," said James Moore, managing director of Vine Alternative Investments, an entertainment industry-focused asset manager. "Now you see the economy really accelerating towards the streamers, and they have both the essentials and the strategic need to maintain those profits."In business todayUpdated April 16, 2021, 1:30 p.m. ET"Knives Out," with a...
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netflix-and-sony-sign-four-year-streaming-deal
As a further sign of Netflix's growing dominance, Sony Pictures Entertainment has signed a five-year deal that grants the streaming giant exclusive US rights to Sony's films as soon as it leaves theaters and premium video-on-demand services.The deal, which begins with the studio's releases in 2022, builds on Netflix's existing partnership with Sony Pictures Animation and replaces the agreement...
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