NEW YORK — Disney and Charter Communications announced a deal to settle a dispute that had cut some 15 million cable TV customers off from ESPN and other Disney-owned stations. The two businesses faced a pressing deadline — the year’s first ‘Monday Night Football’ game, that would have left a lot of angry football fans if they weren’t able to watch the game.
Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a cash-and-stock deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock, and it will also pick up approximately $900 million in net debt. In addition to Twinkies, Hostess makes CupCakes, DingDongs and Zingers, and also Voortman cookies.
The deadly firestorm in Hawaii and Hurricane Idalia’s watery storm surge helped push the United States to an annual record for the number of weather disasters that cost at least $1 billion. And there’s still four months to go on what’s looking more like a calendar of calamities. The National Oceanic and Atmospheric Administration said Monday there have been 23 weather extreme events in America that cost at least $1 billion this year through August.
If you have watched a telecast involving basketball superstar LeBron James during the past 20 years, you probably have heard an announcer declare: “You can’t stop him, you can only hope to contain him.” That sentiment sums up how Inflection.ai CEO Mustafa Suleyman feels about artificial intelligence — a technology that he helped advance as a co-founder of DeepMind, which Google acquired in 2014.
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