Month: August 2025
EchoStar stock skyrockets 75% on AT&T deal to buy wireless spectrum for $23 billion
EchoStar stock roared more than 75% higher on Tuesday after AT&T said it agreed to purchase certain wireless spectrum licenses from the telecom company for about $23 billion in an all-cash deal. The sale will add about 50 megahertz of mid-band and low-band spectrum to AT&T’s network, with the licenses covering more than 400 markets […]
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Frontier Airlines goes after struggling rival Spirit’s customers with 20 new routes
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might […]
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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick
Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel […]
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Meta used National PTA to promote child safety efforts, report finds
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Since losing her 15-year-old son Riley to suicide following a sextortion scheme through Meta’s Messenger app, Mary Rodee has worked with advocacy groups to […]
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Tennis legend Billie Jean King sees progress, opportunity in women’s sports and leveling the playing field
Tennis legend Billie Jean King has been a fearless advocate for women’s rights and women in sports since early in her career, but she said there’s still work to do. King made history in 1973 when she defeated top tennis player Bobby Riggs in the famous “Battle of the Sexes” match. Over 90 million people […]
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Stocks making the biggest moves premarket: EchoStar, Eli Lilly, Advanced Micro Devices & more
Check out the companies making headlines before the bell. EchoStar — The telecommunications stock surged 66% after AT & T said it would buy some wireless spectrum licenses from EchoStar for $23 billion. AT & T said that the transaction should close sometime in mid-2026. Shares of AT & T were last trading less than […]
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MAHA loves dietary supplements. But that hasn’t led to gains in Washington — yet.
An avid consumer of dietary supplements, Health and Human Services Secretary Robert F. Kennedy Jr. has surrounded himself in part with senior staff members, advisers and health influencers who have promoted everything from weight loss pills to capsules of desiccated organ meat. But that hasn’t led to gains in Washington for the multibillion-dollar industry — yet. […]
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German autos sector slashes jobs as economic woes bite
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images A perfect storm of industry and economic challenges have weighed on Germany’s autos sector, which has shed tens of thousands of jobs over a one-year stretch to the […]
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Eli Lilly’s weight loss pill orforglipron clears its latest trial, paving way for approval
Eli Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said its daily weight loss pill helped patients with obesity and Type 2 diabetes shed weight in a late-stage trial, meeting the study’s main goal and clearing the way for the company to […]
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French stocks slide as Paris government faces risk of collapse
European stock markets retreated on Tuesday morning, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals before paring losses to around 1.75%. The country’s three main opposition parties said they would not back a […]
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