Comcast to separate media and tech wings; stock jumps 14%

Comcast said Monday it plans to separate its media and technology businesses into two publicly traded companies through a tax-free spin-off of NBCUniversal and Sky, to better position strategic priorities. The spin-off is expected to be completed in about one year, and Comcast shareholders will own shares in both Comcast and NBCUniversal, the company said…

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investors look ahead to key jobs data

A television broadcasts the Federal Reserve’s decision to leave rates unchanged after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields were little changed on Monday as investors…

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China widens Japan export curbs, targeting drone makers, nuclear firms and defense institutes

File photo: The Japanese national flag flies in front of the container pier in the Tokyo port. Toshifumi Kitamura | Afp | Getty Images China on Monday blacklisted four Japanese government defense research institutes and imposed tighter export restrictions on dozens of other Japanese entities, escalating a months-long campaign to limit Tokyo’s access to Chinese-origin…

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