Wall Street Journal

Comcast Reports 2nd Quarter 2022 Results

Comcast failed to gain broadband subscribers for the first time in its history. Comcast had 32.16 million subscribers at the end of the second quarter, the exact same number it had at the end of the first. The company lost about 10,000 net broadband residential subscribers compared with the first quarter, while it added about 10,000 business-services broadband customers. Despite the broadband-subscriber slowdown, company executives said there have been few broadband customers leaving Comcast. In past quarters, the company has attributed the slowdown to fewer people changing homes.

Senate Advances $280 Billion Bill Subsidizing Chip Manufacturing, Technology

The Senate voted 64 to 32 to advance a $280 billion package of subsidies and research funding to boost US competitiveness in semiconductors and advanced technology.