Versant, Comcast's spinoff of the majority of its NBCUniversal cable network portfolio, is gearing up to go public.The new entity will trade on the Nasdaq under the ticker "VSNT" after the separation, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors also became privy to...
Category: News
Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve.The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, according to Mortgage News Daily. That is the lowest level...
Massachusetts sues Kalshi alleging illegal sports gambling
The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesMassachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts."If Kalsi wants...
Boeing reaches tentative labor deal with striking defense workers
Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty ImagesThe union that represents striking Boeing defense workers said Wednesday it has reached a tentative agreement with the company, subject to final voting this Friday.The...
What to know about the Hyundai-LG plant immigration raid in Georgia
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, GaCorey Bullard/U.S. Immigration and Customs Enforcement via APThe South Korean government said it is working to return...