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The Wrap-Up for Friday November 14
Youtube· 2025-11-14 12:12
Group 1 - Verizon is planning to announce job cuts next week, potentially reducing its workforce by 20,000 positions, which is approximately 20% of the company [1] - Paramount, Comcast, and Netflix are preparing to make bids for Warner Brothers Discovery, indicating competitive interest in the media sector [1][2] - Under Armour and Steph Curry have ended their 13-year partnership, allowing Curry to seek a new retail partner for his brand [2] Group 2 - OpenAI and Apple have lost a legal bid against Elon Musk's XAI, which is seeking billions in damages, alleging anti-competitive behavior in the AI market [3] - Blue Origin successfully launched its new Glenn rocket with NASA spacecraft aimed at Mars and for the first time recovered the booster used in the launch [3]
5 Things To Know: November 14, 2025
Youtube· 2025-11-14 11:56
Group 1 - The U.S. Department of Homeland Security announced $10,000 bonus checks for TSA officers who worked without pay during the six-week government shutdown, recognizing their exemplary service under strain [1] - Boeing defense workers approved a new contract ending a three-month strike, which included a 24% wage increase over five years, allowing workers to return to factories soon [2] - Verizon plans to cut approximately 15,000 jobs due to intense competition in the wireless service and home internet markets, with cuts expected to occur within the next week [2] Group 2 - SoftBank's shares have fallen for the third consecutive day after the company disclosed the sale of its entire stake in Nvidia for $5.8 billion, contributing to a stock decline of over 25% since November 1st [3] - Blue Origin successfully launched its orbital rocket for the first time, deploying two NASA science satellites aimed at studying Mars' atmosphere, marking a significant milestone in the space industry [4][5] - The successful launch and landing of Blue Origin's rocket booster on a barge in the Atlantic Ocean signifies the emergence of a new competitor in the space race, a long-term goal for the company [4][5]