Warner Bros. Discovery reported a nearly $10 billion loss for the second quarter, mostly due to a write-down of the value of its cable networks, hurt by changes in the industry.
An early rally in U.S. stocks faltered, leaving the S&P 500, Nasdaq and Dow down 0.8%, 1% and 0.6%, respectively, at the close.
Regulators are investigating some of the biggest U.S. banks for their handling of customer funds on the peer-to-peer payments platform Zelle, which has been facing scrutiny over scams and fraudulent transactions.
Walt Disney posted its first-ever streaming profit and benefited from a strong movie lineup, offsetting weaker-than-expected theme-park results at the entertainment company.
Boeing’s factories remain a major source of safety concerns, according to testimony over two days at a federal hearing this week.
SoftBank said it plans to buy back up to about $3.5 billion of its shares and reported a surprise quarterly loss after two consecutive quarters of profits.
Novo Nordisk’s shares dropped 6.7% in Denmark after the company’s Wegovy weight-loss drug missed sales expectations as a result of the bigger discounts offered to U.S. buyers.
CVS’s Medicare business continued to struggle in the second quarter, fueling another cut to its full-year earnings outlook, a new $2 billion cost-cutting plan and the departure of a top executive.
Despite rising concerns about plunging births, a court in Beijing turned down Teresa Xu’s request in a landmark ruling.
Cast your mind back to 2020 - we don't mean banana bread and dalgona coffee, but Princess Beatrice's wedding.
Today is Thursday, Aug. 8, the 221st day of 2024. There are 145 days left in the year. Today in…
Georges Kern, CEO of Breitling, has taken a private, undisclosed stake in the Swiss brand Soeder, which specializes in natural, plant-based soap and skin care products.
The model is starting off her appointment as the face of the brand’s “Legacy Redefined” campaign.
Take a look at some editorial cartoons from across the U.S. and world.
KUALA LUMPUR: Actress Rozita Che Wan is looking forward to the merisik (meeting with the bride) event of her eldest son, Ammar Effendy Azuar, 28, next week.
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Russia is displeased with the latest sign that President Aleksandar Vučić is integrating his economy with Europe and the US
The conflict that has displaced 10mn people is made more intractable by proxy players and tangled objectives
Arrests from homes play out live on social media as Nicolás Maduro seeks to quell dissent
Enthusiasm is hardly overwhelming a year on from the Mansion House agreement
Buying frenzy highlights exuberance that gripped markets before this week’s sharp sell-off
Plus, H2O Asset Management pays up for ‘serious breaches’ and Glencore’s coal rethink shows how the pendulum has swung on ESG
Government must intervene on behalf of lower-paid workers
‘Covered call’ ETFs were supposed to be a goldilocks investment but are not immune from sharp downturns
After years of roaring growth, expectations are being re-priced and hopes pinned on superfans
