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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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The oil giant is scrubbing $10 billion of assets from its balance sheet, most of it down to low gas prices. Investors had already seen the writing on the wall. There’s a bigger message about climate change that they may still be missing though, Antony Currie argues.
The private-equity owner of Dr Martens is putting the shoemaker preferred by the grunge setup for sale. Yet customers have been complaining about poor quality. That is a warning sign for potential buyers given the brand is known for sturdy durability, explains Dasha Afanasieva.
The bankrupt Californian utility has pledged $13.5 billion to victims of wildfires it caused, but that’s only one step in a complex fight among rival creditors. A crunch date of June may focus minds, Robert Cyran explains.
China’s largest insurer is listing its OneConnect unit with a $5 bln price tag, a third below its last valuation. It’s the latest in a string of float flubs for Ping An. Clara Ferreira Marques and Alec Macfarlane discuss what this means for its tech credentials.
United Airlines is ditching its independent chair, making Oscar Munoz executive head of the board with Scott Kirby replacing him as CEO. Rob Cyran explains why this is a subpar move – and why it could entice activists to take another jab at the underperforming airline.
Unicredit is short on growth but is pledging 8 billion euros of dividends and buybacks to keep investors happy. There’s little the bank run by Jean Pierre Mustier can do about rock-bottom rates, says Lisa Jucca. And since Europe makes big deals hard, big payouts will have to do.
The owner of American Dream, one of the largest malls in the country, reckons it has the answer to declining in-store sales as more goods are bought online: pack the complex with roller coasters, water slides and an ice rink. Jennifer Saba examines its chances of success.
The $8 billion Xerox wants to buy HP for $33 billion – so much so, it says it’s willing to go hostile. A merger may make sense, but a less risky deal would be HP buying Xerox. John Foley explains how Carl Icahn and both companies’ owners would do just as well in that scenario.
Nov 29 - Buyout shop Silver Lake is buying about 10% of the company that owns British Premier League soccer club Manchester City, valuing it at $4.8 bln. Clara Ferreira Marques and Peter Thal Larsen discuss how the unusual investment could manage to score financial returns.
The ex-New York mayor is running for U.S. president as a Democrat. So he may have to sell his eponymous news-and-data firm. John Foley walks through who the potential buyers of the $60 billion outfit might be, from Microsoft and IBM to the Intercontinental Exchange and CME.