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…

Read More

Border Patrol agent shoots 2 in Portland: Officials

Two people were hospitalized Thursday after a shootout with U.S. Border Patrol agents in Portland, Oregon, according to authorities. Local police said they responded to a call from one of the injured people at about 2:24 a.m. “Officers applied a tourniquet and called emergency medical personnel. The patients were taken to the hospital,” Portland… Source…

Read More