AT&T Inc. T. 2.39% Its DirectTV unit received bids to evaluate more than 15 billion satellite-TV services, including debt, as people familiar with the matter say, with the wind of the auction widely viewing the resolution. Churchill Capital Corp IV was among those who submitted bids above that level, CCIV …
Read More »U.S. Job openings slipped in early December
U.S. The number of job starts fell slightly in the first week of December, a sign of a softer labor market amid a surge in coronavirus infections and a trend of economic support to households. There were an average of 10.7 million job openings per day on site online sites …
Read More »Uber sells its ‘flying taxi’ business to startup Joby
A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »Elon Musk says he has gone to Texas
Tesla Inc. TSLA 0.30% Chief executive Elon Musk said he has relocated to Texas, becoming one of the top executives to leave Silicon Valley during a coronavirus epidemic. He said the move had been going on for months and California lamented that the state was happy with its innovations and …
Read More »US Steel will buy the rest of the new, low-cost steel mill
United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …
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