General Electric Company’s Board of Directors announced its approval of the previously announced spin-off of GE Vernova, clearing the way for the launch of GE Vernova and GE Aerospace. According to GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., both companies will be fully independent, with GE Vernova focusing on the […]
A Ray Donovan spinoff series is headed for Paramount+. The Donovans is set to succeed the popular Showtime drama series. All 10 episodes will premiere later this year on Paramount+ for subscribers who have the Paramount+ with Showtime plan. “With the most powerful clients in Europe, The Donovans will see family fortunes and reputations at […]
The General Electric (NYSE: GE) name is set to disappear. The forthcoming spinoff of GE Vernova (trading under the ticker GEV) in early April will result in the remaining company trading as GE Aerospace. The change will create two dramatically different companies, with GE Vernova arguably being the most interesting, albeit the weaker. Here’s what […]
(Bloomberg) — Blackwells Capital, an activist investor seeking three board seats at Walt Disney Co., called on the entertainment giant to consider spinning off its famed theme-park properties and splitting into three companies. Most Read from Bloomberg The investment firm believes Disney’s real estate, centering on its park and hotel operations in Florida, is worth […]
A chicken wing window from one of the country’s largest wing spots will open this week in North Raleigh. Buffalo Wild Wings, the giant purveyor of flats and drums, is bringing its takeout concept to North Carolina. Dubbed Buffalo Wild Wings GO, the takeout-only wing shop will open at 6196 Falls of Neuse Rd., Suite […]