By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake
Category: Business
Musk’s X accuses advertisers of illegal boycott in new lawsuit
By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a global advertising alliance and several major companies, including Mars and
Microsoft blames Delta for its struggle to recover from global cyber outage
By Rajesh Kumar Singh CHICAGO (Reuters) – Microsoft blamed Delta Air Lines on Tuesday for its dayslong struggle to recover from a global cyber outage
Intel shares set to fall most in 24 years as it struggles with turnaround
(Reuters) – Intel was set to erase nearly $25 billion in market value on Friday in what would be its worst selloff since 2000 after
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported slowing online sales growth in the second quarter and said
Carvana shares surge on robust 2024 core profit forecast
(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual core profit above Wall Street
Roblox lifts bookings forecast as mature content draws more paying gamers
By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during the summer holidays and more
Moderna cuts 2024 sales forecast, sees low EU vaccine revenue into 2026
By Patrick Wingrove and Leroy Leo (Reuters) -Moderna on Thursday cut its 2024 sales forecast for COVID-19 and respiratory syncytial virus vaccines by up to
Amazon responsible for hazardous products sold by third-party sellers on platform, CPSC says
(Reuters) -Amazon.com is responsible under federal safety law for hazardous products sold by third-party sellers on its platform and bears legal responsibility for their recall,
American Tower raises annual forecast for key profit metric on strong leasing demand
(Reuters) – Real estate investment trust American Tower raised its forecast for annual adjusted funds from operations (AFFO) and beat second-quarter revenue estimates on Tuesday,