A+E Networks, run by CEO Nancy Dubuc, is a prime example of a mid-tier cable company under pressure to revamp its brands to survive an age of slimmer television channel bundles and on-demand streaming services.
President Trump formally pulled the U.S. out of the Trans-Pacific Partnership, the 12-nation trade agreement negotiated by Barack Obama and championed by businesses but that fell out of favor in both political parties.
A saturated wireless market has hindered giants Verizon Communications and AT&T even as competition from smaller rivals exerts a drag on subscriber and revenue growth. The carriers’ earnings reports this week are unlikely to offer much encouragement.
Bernie Ecclestone, who turned Formula One from an elite motor racing series into a global media rights empire over four decades, stepped away from his role as the sport’s “supremo” as Liberty Media completed its takeover, appointing Chase Carey as chief executive.