Kay Koplovitz has already made her mark on the cable television scene twice over, but now the founder of the USA and SyFy networks has her eyes on a new prize: globalization. Beaming video to the technologically-advanced parts of the world is one thing, she noted. But there are wide swaths of the planet missing out on the current content revolution. About a third of the planet has Internet access. Translated, that means 3.3 billion people live without high-speed connections to the world, according to Internet World Stats. ″[I want] to bring video on a global basis to rural areas not yet connected…
Author: Laura Bennett
When you look at your budget, what is your largest monthly expense? For most people, that would be your cost for housing. Whether you own a house or rent an apartment, that monthly payment going to your mortgage lender or landlord can take a big chunk out of your paycheck. Americans spend on average $18,886 a year on housing, or $1,574 a month, according to the Bureau of Labor Statistics. Most personal finance experts recommend that you only spend about 25 percent to 30 percent of your monthly income on housing. Bankrate chief financial analyst Greg McBride cites 28 percent-30 percent…
When French telecommunications company Altice acquired U.S. cable companies Cablevision and Suddenlink, Chairman Patrick Drahi made a bold statement: Altice USA would rival Comcast and Charter in size, becoming one of the three dominant U.S. cable operators. Fast forward nearly six years, and Altice USA has about 5 million customer relationships, compared with about 31 million each for Comcast and Charter. (Altice USA did announce a $310 million acquisition of Morris Broadband on Monday, which will give it about 36,000 more customers.) CEO Dexter Goei explained to what prevented Altice USA’s rapid expansion, why he thinks cable and wireless will eventually merge in the U.S., and why it’s…
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in other countries, including China. That violated a 2020 commission order requiring the San Francisco-based company to be truthful about whether its products were in fact made in the U.S. The FTC said Friday that Williams-Sonoma has agreed to a settlement, which includes a $3.175 million civil penalty. That marks the largest-ever civil penalty seen in a “Made in USA” case, the commission…
The human spine is a marvelous structure consisting of 33 bones stacked neatly atop one another. Tendons, ligaments and muscles connect to the spine, which provides a flexible yet strong scaffolding for the body. The spine allows you to stand upright, bend and twist – all while protecting your spinal cord, the communications highway that threads a vast network of nerves from your brain to all corners of the body. Most of the time, the spine and its many components work together harmoniously. However, as with any complex system, it’s relatively easy for one piece to shift out of optimal…
As U.S. markets continue to suffer steep declines in the wake of the Trump administration’s new tariff policies, you may be wondering what the next best move is when it comes to your retirement portfolio and other investments. Behavioral finance experts warn now is the worst time to make any drastic moves. “It is dangerous for you — unless you can read what is going to happen next in the political world, in the economic world — to make a decision,” said Meir Statman, a professor of finance at Santa Clara University. “It is more likely to be driven by emotion…
A giant illuminated sculpture of the moon is set to go on display at one of the UK’s leading science hubs. The lunar replica, which is 23ft (7m) wide, will go on display to members of the public at Harwell Campus, in Oxfordshire, on 21 May. It is part of a project marking the 80 years of world-leading research at the campus. Museum of the Moon, created by British artist Luke Jerram, has toured across 41 countries and been seen by more than 20 million visitors since first being displayed in 2016. It uses NASA imagery to show the Moon’s surface, with…
PMorgan Chase CEO Jamie Dimon says meetings hold back a company — but if they have to happen, there are certain strategies leaders should follow to maximize productivity. In his annual letter to shareholders released on Monday, Dimon stated CEOs should “kill meetings” because they are an “example of what slows us down.” If meetings happen, they should start and end on time, the JPMorgan CEO wrote, and a set person should lead them. Dimon also stated that meetings should “always” start with a set purpose and end with a follow-up list of points to consider moving forward. Only people who need…
March 2009, financier Bernie Madoff pleaded guilty to 11 felonies in a scheme that authorities at the time called the biggest Ponzi scheme in the world. In 2025, the Department of Justice announced that 94% of the estimated $65 billion losses from the scam were repaid to victims. One of these victims was Kevin Bacon. In a recent interview with Esquire magazine, Kevin Bacon reflected on the highlights of his legendary film career and didn’t shy away from talking about the darker times as well. Bacon, who stars in the new Prime Video horror series “The Bondsman,” and his wife, Kyra Sedgwick,…
Stein, a holistic nutrition counselor, couldn’t find sweets on grocery shelves that she was comfortable recommending to clients — everything was too unhealthy. So in 2008, she decided to create her own, selling muffin mixes at a local triathlon as a side hustle to help promote her business. The side hustle overtook her full-time job: Today, Stein is the CEO of Purely Elizabeth, a Boulder, Colorado-based natural foods company that brought in $147 million in sales last year, according to documents reviewed by CNBC Make It. The 50-employee company’s sales have grown almost every year since its launch, and it reached…