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Netflix prepares all-cash offer for Warner Bros, source says
Netflix prepares all-cash offer for Warner Bros, source says
TSMC likely to post fourth-quarter profit leap driven by AI boom
Chipmaker Nexperia and Chinese owner Wingtech fight for control in Dutch court
Trading Day: Hard assets hit new highs
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
Business

Nippon Steel exec headed to Washington next week in push for US Steel deal, source says

(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…

May 9, 2025
Microsoft doesn’t allow its employees to use China’s Deepseek-President

Microsoft doesn’t allow its employees to use China’s Deepseek-President

WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese AI startup Deepseek,…

May 8, 2025
Paramount’s quarterly results beat estimates on direct-to-consumer growth
Business

Paramount’s quarterly results beat estimates on direct-to-consumer growth

(Reuters) -Paramount Global beat Wall Street estimates for first-quarter revenue and profit on Thursday, driven by a growth in its…

May 8, 2025
Pinterest’s strong revenue forecast signals growing ad spend, shares surge
Business

Pinterest’s strong revenue forecast signals growing ad spend, shares surge

(Reuters) -Pinterest forecast current-quarter revenue above Wall Street estimates on Thursday, a sign of growing advertising spend on the social…

May 8, 2025
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud

Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud

By Jonathan Stempel NEW YORK (Reuters) – Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius…

May 8, 2025
US railroad Amtrak cutting 450 positions, $100 million in annual costs

US railroad Amtrak cutting 450 positions, $100 million in annual costs

By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said on Wednesday it is eliminating 450 positions as it aims…

May 7, 2025
Beyond Meat withdraws annual forecasts as US faux meat demand slides
Business

Beyond Meat withdraws annual forecasts as US faux meat demand slides

(Reuters) -Beyond Meat on Wednesday withdrew its annual sales target as macroeconomic volatility and high inflation in the United States…

May 7, 2025
Netflix to revamp TV app interface, launch AI-powered search for iOS users
Business

Netflix to revamp TV app interface, launch AI-powered search for iOS users

(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…

May 7, 2025
Chip tech provider Arm forecasts first-quarter revenue below estimates
Business

Chip tech provider Arm forecasts first-quarter revenue below estimates

By Arsheeya Bajwa and Stephen Nellis (Reuters) – Arm Holdings forecast first-quarter sales and profit below Wall Street estimates on…

May 7, 2025
Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says
Business

Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says

NEW YORK (Reuters) – Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic…

May 6, 2025

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  • Netflix prepares all-cash offer for Warner Bros, source says
  • Netflix prepares all-cash offer for Warner Bros, source says
  • TSMC likely to post fourth-quarter profit leap driven by AI boom
  • Chipmaker Nexperia and Chinese owner Wingtech fight for control in Dutch court
  • Trading Day: Hard assets hit new highs

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