Tuesday March 31, 2015
// March 31st, 2015 // Daily News
Spring in New England !!
I just want to say to the rest of the country. Tomorrow is April 1, and in sunny balmy New England we still have snow on the ground and freezing temps. It is very depressing to say the least.
Comcast to form company to invest $4.1B in growth firms
Comcast said Tuesday it will form a new strategic company to invest in and operate “growth-oriented companies” in the United States and abroad.
Michael J. Angelakis, Comcast vice chairman and CFO, will serve as the company’s chief executive and will be a financing partner.
Comcast will commit $4 billion to the venture, while Angelakis will invest at least $40 million. The remaining capital in the $4.1 billion venture will come from senior management members at the new company, which will serve as the exclusive outside investor with Comcast for 10 years.
“This is a time of tremendous change and opportunity in our core technology and media industries, as well as in adjacent business areas,” Comcast Chairman and CEO Brian Roberts said in a statement. “We believe the ability to establish entrepreneurial ventures that partner with and participate in the growth of innovative companies can be an important driver of strategic and financial value creation for our company.”
Angelakis will serve as a senior advisor to Comcast following the appointment of his replacement as CFO and will continue to advise Comcast on its pending integration with Time Warner Cable. Angelakis is also the deputy chairman of the Federal Reserve Bank of Philadelphia.
Today’s Inspiration
Join the Party
by Joyce Meyer – posted March 31, 2015
A glad heart makes a cheerful countenance, but by sorrow of heart the spirit is broken.
– Proverbs 15:13
When Jesus invited people to become His disciples and follow Him, He asked them if they wanted to join His party. I realize He was talking about His group, but I like to think that traveling with Jesus was probably a lot of fun as well as a lot of hard work.
Repeatedly throughout the gospels, we see Jesus invite people to leave their lifestyles and side with His party, and He is still issuing that invitation today. Yes, there is work to do for the kingdom of God, but thankfully we can have fun while we do it.
When we follow Jesus, we are not going to a solemn assembly or a funeral. We are joining His party that is full of life, peace, and never-ending joy!
Prayer of Thanks Father, help me to lay aside the burdens and cares of this world and receive Your joy today. I thank You that You want me to have fun and enjoy the life You have given me. With Your help, I will celebrate Your goodness in my life today and every day.