Nexstar, Tegna merger closes after winning regulatory approval
Nexstar has closed its $6.2 billion acquisition of Tegna after winning approval from the Federal Communications Commission and Department of Justice....
Category : Business
FedEx beats on top and bottom lines, raises guidance on strong performance
FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance....
FDA approves higher dose version of weight loss drug Wegovy as Novo Nordisk tries to win back market share
The high-dose Wegovy helped patients with obesity lose an average 20.7% of their weight after 72 weeks in a phase three trial....
Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis
Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through...
Disney embarks on new chapter as Josh D’Amaro takes over as CEO
Bob Iger is stepping aside as Josh D’Amaro, who previously served as chairman of Disney’s experiences division, takes over as CEO....
Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line
Lululemon topped fourth-quarter estimates but gave weaker-than-expected sales and earnings forecasts for 2026....
Delta, American raise revenue guidance, citing growth in demand
CEO Ed Bastian told CNBC’s Phil LeBeau that Delta had taken a $400 million hit so far for the fourth quarter, but that demand has...
Nvidia adds Hyundai, BYD and other automakers to self-driving tech business
AVs are important to Nvidia as self-driving cars remain one of the primary areas where the company can show growth outside of artificial intelligence....
Peloton is launching bikes and treadmills for gyms, accelerating commercial strategy
Peloton is launching commercial gym-ready Bikes and Treads, expanding into gyms globally as it seeks new growth beyond its at-home fitness business....
A Paramount-Warner Bros. movie slate could rule the 2027 box office, but is it sustainable?
Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to...