AT&T heats up streaming wars; look up, it's Uber's latest venture, and more top news
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AT&T heats up streaming wars; look up, it's Uber's latest venture, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

AT&T's WarnerMedia is mulling plans to roll out a new streaming package that would cost almost the same as its current HBO service but include a vast amount more, reports The Wall Street Journal, citing anonymous people. The service, which will cost between $16 and $17 a month, will house HBO, Cinemax and its Warner Bros. TV and movie library; its HBO Now package currently costs $14.99 a month. The new plan is designed to keep “the media giant competitive against lower-priced offerings in a crowded field,” said the Journal. Rival Netflix offers membership starting at $12.99 per month. ? Here’s what people are saying.

Uber’s newest service? An eight-minute helicopter ride from Lower Manhattan to JFK Airport that will set you back between $200 and $225. The new business, known as Uber Copter, will launch July 9 and although bookable on the app, it's only available to top-tier Uber members. However, the ride-hail giant will not only contend with several other helicopter companies in Manhattan offering a similar type of service, but also with groups protesting against the use of commercial flights over the Big Apple. ? Here’s what people are saying.

Even as U.S. households rebound from last year's stock market losses and the economy approaches its longest expansion in history, there’s little euphoria. It’s not just the clouds on the horizon — trade tensions and rising expectations for contraction in coming months — but the weakness of the expansion itself. In the 39 quarters since the cycle began in 2009, gross domestic product has grown 22%. That’s about half the rate of the record-setting 90s, when GDP growth sped to 43% over the same amount of time. Another factor is the diminished share of income going to workers: 66.4% now, compared with 68.9% then. ? Here’s what people are saying.

JPMorgan Chase notified customers it’s killing Finna year-old banking app that the firm had hoped would woo young customers. Finn users will now need to download the Chase mobile app and wait for a new debit card. Finn’s shuttering comes as banks try to develop online services that bring in new — especially young — customers. While the bank did not disclose how many people used the app, a JPMorgan Chase spokesperson said half already had a relationship with Chase, reports The Wall Street Journal. ? Here’s what people are saying.

Americans are finally embracing vacations. A new Discover survey found 71% of respondents were planning to get away this summer — up from 58% last year. The U.S. Travel Association notes that for years more than half of all Americans weren’t using their full allocation of vacation days, citing fears of appearing less dedicated, a too-heavy workload, or lack of coverage. Those who felt supported in taking vacations, however, reported feeling happier with their job and health. ? Here’s what people are saying.

Also: Hiring across the board fell in May, yet “challenges aren’t evenly distributed across industries,” according to LinkedIn’s June WorkForce Report. Gross hiring was down 0.9% last month from a year ago, with industries such as agriculture and manufacturing facing steep declines — while hiring continued to grow in software & IT services. ? Here’s what people are saying.

Idea of the Day: Stress is unavoidable, says CEO Dawn Strobel, so it's important to learn how to manage it.

“Hiding from the causes of your stress will only amplify your anxiety and potentially debilitate you from accomplishing what you need to. Make a list, set priorities.”

What's your take on today’s stories? Share your thoughts in the comments.

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Jessica Hartogs

To wanted reform its is by work phone for A&T company employee

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Ana Gonzales

? Advocate | Resilient & Determined Leader | Visionary Problem-Solver with Grit | Lifelong Learner | AI | Driving Change Through Technology

5 年

AT&T needs to catch up on the streaming war or they’ll be next Blockbuster. They also need to improve their customer service. Direct Tv aka AT&T customer service is horrible!

AT&T owns CNN the most disrespectable news media to our president.?

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