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Disney, DirecTV reach deal, restoring programming for 11 million satellite TV viewers

By Dawn Chmielewski (Reuters) -Walt Disney and DirecTV announced they have reached an agreement in principle on Saturday, restoring college football and other programming to the satellite TV provider’s more than 11 million subscribers. The deal affords satellite TV subscribers greater choice and flexibility, the companies said in a joint statement. DirecTV customers had lost …

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US satellite-TV providers DirecTV and Dish are in talks to merge again, source says

By Anirban Sen (Reuters) – Telecom operator AT&T and its joint-venture partner TPG are in early-stage talks to merge their DirecTV satellite TV service with EchoStar owned Dish, a person familiar with the matter told Reuters on Friday. The two companies first attempted to merge back in 2002 when the U.S. Justice Department blocked the …

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Boeing and union negotiators to resume talks next week amid strike, federal mediators say

By Joe Brock and David Shepardson SEATTLE (Reuters) -Boeing and union negotiators will return to the bargaining table early next week, U.S. federal mediators said on Friday, as the two sides try to end a strike threatening the airplane maker’s turnaround. The U.S. Federal Mediation & Conciliation Service late on Friday said it was convening …

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Wall Street advances as traders’ bets rise for bigger Fed rate cut

By Sinéad Carew and Shashwat Chauhan (Reuters) -Wall Street’s main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive small cap stocks outperforming. Bets on the size of the Fed’s cut have been volatile and were roughly even …

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Analysis-Arizona’s battle over crucial copper mine poised to sway US election

By Ernest Scheyder (Reuters) -Native American opposition to Rio Tinto and BHP’s Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, underscoring the high tension over where best to extract critical minerals for the energy transition. The mine would, if built, supply more than a quarter …

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Putin’s commodities ban threat puzzles Russian firms and officials

By Gleb Bryanski, Darya Korsunskaya and Gleb Stolyarov MOSCOW (Reuters) – Russian officials and managers are perplexed by President Vladimir Putin’s surprise threat to limit exports of strategic commodities in response to Western sanctions, and wonder if it can be realised without hurting Russia more than the West. Putin made the suggestion 23 minutes into …

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Boeing strike poses challenge to MAX targets, supply chain, CFO says

By Allison Lampert and Abhijith Ganapavaram (Reuters) -A strike beginning Friday by more than 30,000 of Boeing’s U.S. West Coast factory workers will make it harder for the planemaker to meet a 737 MAX production target and stabilize its supply chain, CFO Brian West said on Friday. West also told the Morgan Stanley Laguna Conference …

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ADM violates US water laws, permit after leak at carbon capture project

By Valerie Volcovici and Leah Douglas WASHINGTON (Reuters) – The U.S. Environmental Protection Agency has found that Archer-Daniels-Midland violated federal safe drinking water rules and its underground injection permit with a leak at the first major U.S. underground carbon sequestration facility in Illinois, the agribusiness company confirmed on Friday. The Illinois Industrial Carbon Capture and …

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