Comcast Corp. plans to spend $2 billion on its coming Peacock service in the streaming outlet’s first two years, the entertainment giant’s chief financial officer said Monday. “We will ramp quickly next year on spending on Peacock,” CFO Michael Cavanagh …
See Original Article

New York (CNN Business) The legal cannabis industry in Canada and several states in America has been going through some growing pains. That’s a key reason why industry leader Canopy Growth just named the chief financial officer of its biggest investor …
See Original Article

Domino’s will expand its GPS delivery tracking technology, Domino’s Tracker, nationwide, according to a press release.​ The chain expects a quarter of its stores to have the tech in place by year’s end and for a significant portion of stores to have it available …
See Original Article

A night on the town for the Cybertruck. Screenshot of TMZ. California locals should keep their eyes open because Elon Musk is apparently piloting a Tesla Cybertruck on local roads. The electric pickup truck was his vehicle of choice as he arrived at a famed …
See Original Article

Morgan Stanley is cutting about 1,500 jobs globally, including several managing directors, as part of a year-end efficiency push. The cuts are skewed toward technology and operations divisions, but also include executives in sales, trading and research …
See Original Article