The company expects to begin launching the first Lightspeed satellites in mid-2026, with global service beginning once the first 156 satellites are in orbit.
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TV giants clash over NBA, NHL, MLB games as local rights go up for grabs
Rights to local NBA, NHL and MLB games may be on the market as the Diamond Sports’ bankruptcy progresses. Broadcast station groups want those rights.
Continue readingLuxury NYC buildings woo residents with coworking spaces as remote work lingers
Tenants are increasingly looking for a “third space” where they can work away from both home and the office but are still close by.
Continue readingDisney wants sports leagues as ESPN partners, but it’s not clear sports leagues want ESPN
Partnering with sports leagues on ESPN may make sense for Disney, but it’s not yet clear it makes sense for the leagues.
Continue readingCustom art, air purifiers and TikTok: College-spending boom could booster retailers’ sales this fall
College students and their families are expected to spend more this year as demand for electronics and dorm decor grows.
Continue readingNovo Nordisk to acquire obesity drug maker Inversago Pharma for up to $1 billion
Inversago’s drugs use a different approach than most treatments in the obesity and diabetes space.
Continue readingVirgin Galactic launches first tourist flight to space
Virgin Galactic flew its second commercial spaceflight Thursday, its first carrying private-paying tourists.
Continue readingAirlines add flights to get travelers off of Maui after deadly wildfires
Airlines waived flight-change costs because of the deadly fires in the popular resort area of Maui in Hawaii.
Continue readingThe average Manhattan rent just hit a new record of $5,588 a month
Rents in Manhattan hit a new high in July, as higher interest rates and low supply continued to drive up prices.
Continue readingCoach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion
The deal would create an American fashion giant that brings Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors under one house.
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