Author: theparknews

With Donna Langley firmly in the company’s driver’s seat, Comcast boss Brian Roberts also decided it was time for NBCUniversal to shed some weight on cable channels. Tomorrow, Comcast plans to unveil its long-term plan to spin off its cable channels MSNBC, CNBC, E!, Syfy, Golf Channel, Oxygen and USA into a new, separate company. The as-yet-unnamed venture will be run by current NBCU Media Group boss Mark Lazarus as CEO. NBCU CFO Anand Kini will join the new company’s board as outsized CFO and COO. To separate the wheat from the chaff, broadcast network NBC, fast-growing streamer Peacock, and…

CNN — President-elect Donald Trump has nominated transition co-chair Linda McMahon to be the next secretary of the Department of Education. The decision, announced by President Trump on Tuesday night, confirming an earlier report by CNN, took shape after it was revealed that McMahon would be succeeded as secretary of commerce. President Trump announced earlier Tuesday that another administration candidate will be appointed after CEO Cantor Fitzgerald put his name forward as a candidate for Treasury secretary, sparking a fight with hedge fund manager Scott Bessent. Transition co-chair Howard Lutnick was nominated for Secretary of Commerce. “Linda will leverage her…

In a sign of how struggling the pay-TV business is, Comcast’s idea to spin off its cable channels went from a balloon experiment on Wall Street to a strategy in just a few weeks. The conglomerate that owns NBCUniversal is preparing to announce Wednesday that it will separate the unprofitable cable network from the movie and TV studio’s entertainment and parks businesses, The Hollywood Reporter confirmed. Late last month, the Brian Roberts-led company indicated to investors that it was considering plans to roll out its channels, including MSNBC, CNBC, Syfy, E!, Oxygen, Golf Channel and USA Network, as independent companies.…

Wisconsin, USA: President Donald Trump has nominated FOX Business host Sean Duffy to be the next Secretary of Transportation. The former congressman will succeed Pete Buttigieg in January, overseeing a vast federal portfolio of infrastructure spending and transportation regulation. Here are 10 facts about Sean Duffy, the newest addition to the Trump administration. Sean Duffy was born on October 3, 1971 in Hayward, Wisconsin. He was part of a large family and was the 10th of 11 children his parents had. Sean Duffy holds a degree in Marketing from Saint Mary’s University and a Juris Doctor degree from William Mitchell…

Thailand’s booming luxury market is about to go into overdrive with the opening of a $3.2 billion upscale shopping district in the capital’s diplomatic quarter. One Bangkok, managed by TCC Assets Thailand and Frasers Property, is one of the largest property developments coming online in the country.Connecting the business districts of Sathon and Silom with Rama IV Road, One Bangkok features Thailand’s first high-street-style row of duplex luxury boutiques dubbed The Parade. The scheme’s three retail zones — The Parade, The Storeys and Post 1928 — opened on Oct. 25, marked by an extravagant ceremony hosting more than 10,000 guests,…

The Black Wall Street Chamber of Commerce has relaunched its business accelerator program to support entrepreneurs in the Tulsa community.The NEST Collective program offers a nine-week entrepreneurship cohort designed to help people turn ideas into business plans.The Black Wall Street Chamber of Commerce said the program has been around for years and was created by the late Shelly Gamble Smith, a former chamber president. Under her leadership, more than 100 graduates completed the program. Chamber President Bear Roberts said the program was relaunched in partnership with Spirit Bank with the same goal of providing the tools, resources and guidance needed…

Rochester, NY — Advance Auto Parts is an auto parts supplier where customers and mechanics can purchase vehicle supplies wholesale. The company recently announced plans to close more than 500 stores and cut an additional 200 independent stores by the middle of next year. The company said this was part of its “strategic plan to improve its business” after the third quarter showed a loss of $6 million on revenue of $2.15 billion. Although the specific locations and number of affected employees have not been made public, the overall structure of the new company has been made clear. York County…

Main Street businesses aren’t just the fuel for local economies, they’re also vital to healthy communities HONULULU, November 19, 2024—A new report released yesterday by the nation’s leading small business organization shows that Hawaii’s small businesses have a much deeper value to their communities. A timely reminder as Small Business Saturday approaches November 30th. “In addition to providing jobs, small businesses contribute to their communities in many ways, including by donating their time, financial support, and in-kind donations,” said Holly Wade, executive director of the NFIB Research Center. Ta. “This report provides unique insight into how small businesses and their…

The Bay Club, which operates sports and active lifestyle clubs in California, Oregon and Washington, is doing things differently than its competitors.Bay Club occupies a unique space within the fitness and wellness industry. With 26 locations across 10 campuses, this West Coast giant isn’t exactly a country club or sports complex. And even though all these spaces are used for sports, they are certainly not your run-of-the-mill gyms. The San Francisco-based brand describes itself as a “sports and active lifestyle company,” offering everything from state-of-the-art fitness facilities to spa and beauty services to pickleball, tennis and golf. I am. With…

Jaguar’s transformation begins with the unveiling of a new logo and branding All current Jaguars will be replaced by three ultra-luxury EVs Concept preview of first EV set for Miami Art Week 2024 Jaguar is just weeks away from unveiling a concept that heralds a new era for the brand, focusing entirely on electric cars at a price point far higher than its current lineup. Ahead of the unveiling, Jaguar unveiled some of the new branding that will define its future lineup. This suggests a young, fashion-conscious target customer that is very different from Jaguar’s traditional customers who grew up…