Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion
By Harshita Mary Varghese and Aditya Soni Dec 5 (Reuters) – Netflix on Friday agreed to buy Warner Bros Discovery’s…
Trustpilot surges on Morgan Stanley upgrade despite short seller claims
Dec 5 (Reuters) – Trustpilot shares surged 16% after Morgan Stanley upgraded the stock by two notches to “overweight” on…
Bessent says Fed rate cuts needed, China making good on soybean purchases
By Andrea Shalal NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the…
Pentagon’s AUKUS review finds opportunities to put deal on “strongest possible footing”, US official says
WASHINGTON, Dec 4 (Reuters) – The Pentagon has completed its review of the AUKUS nuclear submarine partnership and found areas…
HSBC’s long-term vision questioned after Nelson appointment
By Lawrence White LONDON, Dec 4 – HSBC’s appointment of Brendan Nelson as chairman on a permanent basis raises questions…
Meta to cut up to 30% of metaverse budget, Bloomberg News reports
Dec 4 (Reuters) – Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg…
US private payrolls unexpectedly decrease in November, ADP says
WASHINGTON, Dec 3 (Reuters) – U.S. private payrolls unexpectedly declined in November, the ADP employment report showed on Wednesday. Private…
Data supports current US policy of hepatitis B vaccine for newborns, as officials push for change
By Julie Steenhuysen CHICAGO, Dec 2 (Reuters) – An independent review released on Tuesday by vaccine experts of more than…
Wall St futures rise on rate cut hopes, data in focus
By Johann M Cherian and Pranav Kashyap Dec 3 (Reuters) – U.S. stock index futures edged higher on Wednesday as…
US online sales surge to $44.2 billion during five-day holiday shopping, Adobe Analytics says
Dec 2 (Reuters) – U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend…