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Crude oil pushes toward $96
LOS ANGELES, July 7 (UPI) -- NBCUniversal is planning to bow out of its A&E Networks partnership, sources told The Hollywood Reporter.
NBCUniversal, which is owned by Comcast, owns 15 percent of A&E and is planning to sell that to A&E stakeholders Disney and Hearst Corp.
The deal would give both Disney and Hearst 50 percent of the cable channel company. Currently, each owns 42.5 percent.
A&E Networks includes the History, Lifetime and A&E cable channels.
For Comcast, the sales set up a purchase, an industry analyst said.
"We believe this potential sale is part of the financial plan for Comcast to buy in the remaining stake of NBCU still owned by General Electric," said Marci Ryvicker, an analyst with Wells Fargo.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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