Category: Stock

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Disney and ABC sue FCC, seeking to stop early license renewal process

Disney and ABC sue FCC, seeking to stop early license renewal process

The Walt Disney Co. on Tuesday sued the Federal Communications Commission, arguing that the agency’s decision to review ABC’s broadcast television licenses earlier than usual amounts to an attack on free speech by the Trump

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ByteDance signs AI copyright pact with Hollywood trade group

ByteDance signs AI copyright pact with Hollywood trade group

ByteDance and the Motion Picture Association on Monday signed an ​agreement to strengthen copyright safeguards ‌on the Chinese company’s AI video and image-generation models, months after the ​Hollywood trade group challenged its ​handling of intellectual

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Group including Amazon founder Jeff Bezos to buy minority stake in Liverpool

Group including Amazon founder Jeff Bezos to buy minority stake in Liverpool

A consortium including Amazon founder Jeff Bezos has reached a definitive agreement to buy a minority stake in Liverpool, the Premier League club’s owners Fenway Sports Group said on Friday.A source familiar with the matter

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Stocks rise and interest rates slide after inflation report

Stocks rise and interest rates slide after inflation report

Stocks rose and bond yields fell Thursday after a fresh read on business inflation showed prices were broadly flat in July.The report fueled optimism on Wall Street that the Federal Reserve may hold off on

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Federal Communications Commission scraps limit on broadcast TV ownership

Federal Communications Commission scraps limit on broadcast TV ownership

The Federal Communications Commission, the government agency that regulates the broadcast airwaves, voted Thursday to eliminate a cap on the share of U.S. television households a single company can reach, a major move that could

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U.S. suspends avocado inspections in Mexican state of Michoacan due to threat

U.S. suspends avocado inspections in Mexican state of Michoacan due to threat

MEXICO CITY — The United States announced Wednesday that it had suspended all government operations in the Mexican state of Michoacan because of a “threat to U.S. interests,” including a halt to the inspections of

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SpaceX hit by surging AI costs as insiders prepare to sell their shares

SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities.Too much, according to investors. The company reported revenue in its first quarterly update as a public company that

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McDonald’s struggles to attract bargain-hungry customers

McDonald’s struggles to attract bargain-hungry customers

Having trouble figuring out this economy? So is McDonald’s. The fast-food giant reported its slowest U.S. sales growth in over a year as its value push fell flat with customers who continue to struggle with

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George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

Disgraced former congressman George Santos agreed Friday to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi after he bet against his own plans to attend President Donald

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New York sues Kalshi, says its prediction markets are illegal gambling

New York sues Kalshi, says its prediction markets are illegal gambling

New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling.In a petition filed in a state court in Manhattan, Attorney General Letitia James said