Category Archives:
Fox beats quarterly revenue estimates as Tubi drives ad sales
(Reuters) -Fox Corp beat estimates for quarterly revenue on Thursday, boosted by strong advertising sales at its free streaming platform Tubi. Advertising revenue grew 6% in the quarter, primarily due...
Thomson Reuters 9h ago
US to halt entity restrictions for one year after Trump-Xi meeting, Bessent says
(Reuters) -U.S. Treasury Secretary Scott Bessent on Thursday said that the U.S. would enact a one-year suspension of Entity List restrictions that make it harder for Chinese firms to use affiliates to...
Thomson Reuters 9h ago
Morning Bid: Hesitation about 'foregone conclusions'
By Mike Dolan (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Perhaps because many of the positive twists this week were already priced in,...
Thomson Reuters 9h ago
AIG, Onex team up to buy specialty insurer Convex for $7 billion
(Reuters) -Asset manager Onex on Thursday announced it has teamed up with insurer AIG to buy privately held specialty insurer Convex Group in a $7 billion deal. As part of the deal, Onex and AIG will ...
Thomson Reuters 9h ago
BorgWarner beats third-quarter profit estimates on turbo, powertrain demand
(Reuters) -Auto parts supplier BorgWarner topped analysts' expectations for third-quarter profit on Thursday, aided by strong demand for its turbochargers and powertrains. Shares of the company, which...
Thomson Reuters 10h ago
NHTSA opens probe into 583,600 Honda vehicles over safety issues
(Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) has launched separate investigations into about 583,600 Honda vehicles over potential defects involving rear seatbelt warning...
Thomson Reuters 10h ago
Comcast tops third-quarter estimates on 'Jurassic World', theme park boom
(Reuters) -Comcast surpassed Wall Street expectations for quarterly results on Thursday, thanks to the growing popularity of its theme parks and strong box office returns from its latest "Jurassic Wor...
Thomson Reuters 10h ago
Bristol Myers beats quarterly revenue estimates on strong Opdivo sales
By Michael Erman (Reuters) -Bristol Myers Squibb beat Wall Street estimates for third-quarter revenue on Thursday, as strong growth of its cancer immunotherapy and blood thinner Eliquis helped the dru...
Thomson Reuters 10h ago
House passes energy bill amid debate over costs to consumers
Article Summary House lawmakers passed a sweeping energy reform bill along party lines Wednesday evening. The bill would create new incentives for energy storage, allow construction of new nuclear pow...
Julia Bradley 10h ago
Eli Lilly raises forecasts on surging demand for weight-loss, diabetes drugs
(Reuters) -Eli Lilly raised its full-year profit and revenue forecasts on Thursday as strong appetite for its widely popular weight-loss and diabetes drugs Zepbound and Mounjaro helped it breeze past ...
Thomson Reuters 10h ago
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