Browsing: Business

Outside the CNN Center in Atlanta on Dec. 10, 2020. AT&T is in advanced talks to create a new company that would merge its media business, including CNN, with Discovery Inc., two people briefed on the deal said May 16, 2021. (Audra Melton/The New York Times)

For nearly 30 years, Larson had served as Gates’ money manager, earning solid returns on the Gateses’ and the foundation’s combined $174 billion investment portfolio through a secretive operation called Cascade Investment. Cascade owned assets like stocks, bonds, hotels and vast tracts of farmland, and it also put the Gateses’ money in other investment vehicles. One was a venture capital firm called Rally Capital, which is in the same building that Cascade occupies in Kirkland, Washington.

In addition to the Chicago Tribune, Tribune Publishing owns The Baltimore Sun; the Hartford (Connecticut) Courant; the Orlando (Florida) Sentinel; the South Florida Sun Sentinel; the New York Daily News; the Capital Gazette in Annapolis, Maryland; The Morning Call in Allentown, Pennsylvania; the Daily Press in Newport News, Virginia; and The Virginian-Pilot in Norfolk, Virginia.

“Since that time, we have returned the system to normal operations, delivering millions of gallons per hour to the markets we serve,” Colonial Pipeline said in a tweet Saturday. Those markets include Texas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, South and North Carolina, Virginia, Maryland, Washington D.C., Delaware, Pennsylvania and New Jersey.

“God bless Zoom and God bless the videos and Microsoft Teams and all the other platforms, Webex, that we’ve been using, but it’s not the replacement,” Fraser said. “I’m concerned around culture in organizations, because we’ve depleted the asset that many companies have of everyone knowing each other, that sense of belonging to an institution, that purpose, that identity, and it’s been lonely for many people.”