Yahoo Finance's Julie Hyman breaks down notable business headlines including Brazilian President Jair Bolsonaro heading to a run-off vote in the presidential election, Nord Stream pipelines no longer leaking, and the return of Disney-owned TV channels for Dish customers.
JULIE HYMAN: Brazil's presidential election headed for a runoff vote after current President Jair Bolsonaro far outperformed forecasts. Former President leftist Luis Inácio Lula Da Silva-- also known as Lula-- received 48.4% of the vote yesterday. Bolsonaro got 43.2%. So the two will now face off on October 31 in what is widely regarded as the most important vote in decades for Brazil. That's because of the starkly different visions the two men have for the country-- Lula on the left, Bolsonaro on the right.
Nord Stream 1 and 2 pipelines-- they finally stopped leaking, the Danish Energy Agency said. That's after ruptures were discovered in the natural gas lines last week. The two major lines, which were built to deliver natural gas from Russia to Germany, ruptured in three separate places last week after explosions under the Baltic Sea. Official causes have not been identified, but some political leaders have suggested the incident was an act of sabotage. There's a lot of accusations that are being thrown around.
And Disney-owned TV channels are back on Dish Network's platforms after the two companies reached a tentative deal for a new contract. This comes after millions of Dish customers experienced a weekend blackout, losing access to Disney networks like ESPN and ABC. When news of the dispute first broke on Friday, Dish was accusing Disney of holding viewers hostage, and that they were demanding nearly a billion-dollar increase. There's usually incendiary language like that when these kinds of disputes happen, but this one seems to be over [INAUDIBLE]