Intelsat to Acquire Gogo's Commercial Aviation Business, Analysts Highlight Capacity Efficiencies

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Intelsat to Acquire Gogo's Commercial Aviation Business, Analysts Highlight Capacity Efficiencies

Intelsat has agreed to acquire Gogo’s Commercial Aviation business for $400 million in cash, the operator announced late Monday. Gogo provides In-Flight Connectivity (IFC) to more than 3,000 commercial aircraft, serving 21 commercial airlines.
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Murphy's Wall Street Tax Plan Has Pros and Cons

Bloomberg News reports New Jersey would charge a quarter of a cent per “financial transaction” at entities processing at least 10,000 annually
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Walmart's stock gets a $24 billion boost after retailer announces subscription service

Wall Street reacted positively to news of Walmart+’s launch date and perks for members. Whether customers embrace the subscription service or not could influence if the big-box retailer can keep its sales soaring and wallet share expanding like it has during …
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UPDATE 1-Fitch upgrades Brazil's miner Vale, estimates $2 billion in dividends

(Adds details, context). RIO DE JANEIRO, Sept 1 (Reuters) – Fitch has upgraded the credit rating of Brazilian miner Vale S.A., saying the iron ore producer has lowered its chances of default after improving dam safety since a deadly disaster in 2019, the rating …
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Amazon deletes job listings detailing effort to monitor 'labor organizing threats'

Amazon has deleted two job listings posted to its corporate employment website detailing “intelligence analyst” roles that involved, among other duties, monitoring “labor organizing threats” within the company. The listings, which were posted days ago, first …
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