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Comcast will face down rivals Disney and Fox for the final piece in a months-long, multi-billion dollar takeover battle to create a transatlantic media empire, but the three-round auction may not be the final act in the long-running drama to control Britain's Sky plc.
Global stocks extended gains again Friday, following on from last night's record-setting session on Wall Street, as investors took advantage of a weaker dollar and a lull in the U.S.-China trade war to return to riskier markets ahead of next week's Federal Reserve meeting and the final trading days of the third quarter.
Micron shares fell sharply in pre-market trading Friday after the chipmaker said President Donald Trump's decision to apply tariffs on certain China-made imports would trim the group's quarterly profits.
But there are still holes in the incentive system. See what those are.