Stocks making the biggest moves midday: Sunrun, U.S. Bancorp, Alphabet, AT&T and more

Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Corp, Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies. AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter. Boeing— The air carrier fell slightly after reporting a loss for the fourth…

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5 things to know before the stock market opens Wednesday

People walk past the New York Stock Exchange (NYSE) on Wall Street on July 12, 2022 in New York City. Angela Weiss | AFP | Getty Images Here are the most important news items that investors need to start their trading day: 1. A lot more earnings to go Markets have kept their heads above water so far this month, even as economic data point to a potential recession and corporate earnings have been mixed, at best. On the latter point, more than 70 companies listed on the S&P 500…

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Rupert Murdoch calls off proposed Fox-News Corp merger

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Rupert Murdoch has withdrawn the proposal to re-combine Fox Corp and News Corp. On Tuesday, Fox said its board received a letter from its chairman, and his son, Lachlan Murdoch, that “determined that a combination is not optimal for the shareholders” of either of the companies at the time. This is…

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Rupert Murdoch deposition in Dominion-Fox lawsuit delayed until next week

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Fox Corp. Chairman Rupert Murdoch is now slated to appear for a deposition later in January as part of Dominion Voting’s defamation lawsuit against the company and its cable news networks. Murdoch had initially been scheduled to appear for a deposition in December, but he’s now set for Thursday and Friday…

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Vince McMahon is back at WWE to ensure a smooth sale process. Here’s who might want to buy it

World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of directors to facilitate potential sale talks ahead of the company’s media rights renewal. The notion of WWE selling isn’t new. CNBC reported it looked like a sale target in April and that it appeared only more attractive in July after a sexual misconduct scandal. The…

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YouTube’s NFL ‘Sunday Ticket’ deal is a win for traditional TV networks, too – here’s why

Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half at SoFi Stadium on Sunday, Dec. 18, 2022 in Los Angeles, CA. Allen J. Schaben | Los Angeles Times | Getty Images The National Football League had a streaming service in mind when it was looking for a new home for the rights to its “Sunday Ticket” subscription game package.  The league got its desired outcome in a deal…

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NFL Sunday Ticket finds a new home on Google’s YouTube TV

AJ Dillon #28 of the Green Bay Packers avoids a tackle by Jalen Ramsey #5 of the Los Angeles Rams during the first half at Lambeau Field on December 19, 2022 in Green Bay, Wisconsin. Patrick Mcdermott | Getty Images The National Football League announced Thursday its Sunday Ticket subscription package would go to Google’s YouTube TV starting next season, marking the league’s second media rights deal with a streaming service. DirecTV has had the rights to Sunday Ticket since 1994, paying $1.5 billion annually for them since the last…

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CBS-owned stations added to free, rapidly growing local news streaming service VUit

The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market.  The streaming newscasts from CBS’s 13 owned and operated stations, two of which are in the major markets New York and Los Angeles, and national CBS entertainment programs like “Inside Edition,” are being added to the free, ad-supported platform.  “We’ve been in this kind of soft launch mode for a couple of years. Getting…

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Rupert Murdoch will be deposed in Dominion’s $1.6 billion lawsuit against Fox

Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho. Drew Angerer | Getty Images Fox Corp. Chairman Rupert Murdoch is scheduled to appear for a deposition next week as part of Dominion Voting’s defamation lawsuit against the company and its cable TV networks. Murdoch will appear via video call on Dec. 13 and 14, according to a court filing. His deposition will follow that of…

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Fox CEO Lachlan Murdoch to face questioning as part of Dominion Voting’s $1.6 billion lawsuit

Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 11, 2019. Brendan McDermid | Reuters Fox Corp. CEO Lachlan Murdoch is slated to appear for a deposition on Monday as the Dominion Voting Systems defamation lawsuit against the company and its cable networks moves forward. Dominion’s lawsuit against Fox, which is seeking $1.6 billion in damages, has argued Fox News and Fox Business made false claims its voting machines rigged the results of the…

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