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Passes Bill To Let Children Run Lemonade Stands & Comcast Plans Company Split
Description
Michigan lawmakers voted unanimously to make it easier for kids to run lemonade stands by exempting qualifying child-run beverage stands from permits, licenses, and fees. Supporters say it protects a classic childhood entrepreneurial activity and removes unnecessary regulation from businesses earning less than $5,000 per year.
Comcast is breaking itself into two standalone public companies: one focused on internet and wireless connectivity, and another built around NBCUniversal, Peacock, Universal Studios, theme parks, and Sky. Wall Street welcomed the move because investors believe the two businesses may perform better—and be valued more highly—on their own.
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