Free streaming with cable, Netflix’s election backlash, and AT&T turns off the TV: Business news roundup

The Spectrum logo is displayed outside one of the cable TV, phone, and internet company’s stores in Manhattan Beach, California.

Image: Patrick T. Fallon (Getty Images)

As cord-cutting continues to rise, one cable company is partnering with streaming platforms in an effort to keep its customers.

Charter Communications (CHTR) announced Wednesday that its new, multiyear distribution deal with NBCUniversal — the parent company of NBC, Telemundo, Bravo, SYFY, and USA Network — will give subscribers free access to Peacock (CMCSA), NBCUniversal’s streaming platform.

A college degree can be highly valuable and necessary for landing a top-notch job.

AT&T is selling its stake in DirecTV

Telecommunications giant AT&T (T) is selling its remaining stake in DirecTV, as it looks to shift its focus back to wireless 5G and fiber connectivity offerings.

Netflix founder and Co-CEO Reed Hastings speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.

Netflix (NFLX) saw a spike in cancellations shortly after its co-founder and chairman Reed Hastings endorsed Vice President Kamala Harris for president and made a considerable donation to support her campaign. Read More

The famed Renaissance Center in Detroit has been the hive where GM houses its most important worker bees since it acquired the building in 1996, but lately the building is feeling more like an empty nest. The complex comprises six giant office towers, a 73-story Marriott hotel, and a pair of shorter 21-story buildings occupied by an insurance company, but these days it’s host to just a fraction of its pre-pandemic traffic heights. Read More