(Reuters) – Warner Bros Discovery and Cutting Edge Group, an investor and manager of media music rights, have created a joint venture to co-own the entertainment studio’s catalog of film and TV music, the companies said on Friday.Warner Bros will keep...
(Reuters) – Berkshire Hathaway said on Friday it has shed more than 4,000 jobs over the last year, even as the conglomerate run by Warren Buffett is on pace to post a record annual operating profit.In a regulatory filing, Berkshire said its dozens of operating...
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4% after CEO Mark Zuckerberg assured Wall Street about growth with...
By Zaheer Kachwala and Siddarth S(Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed to launch long-awaited cheaper models in the first half of 2025 and start testing an autonomous ride-hailing service in June.The promises helped...
(Reuters) – U.S. homebuilder PulteGroup beat Wall Street estimates for its fourth-quarter results on Thursday, as strategic promotions helped boost home sales despite high mortgage rates, sending its shares up more than 3% in premarket.The Atlanta, Georgia-based...
(Reuters) – Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and expand its supply chain, marking its biggest ever investment since opening its first store nearly 30 years ago.U.S. retail giant...
