Charter needed Disney to be the first mover in their deal to include Disney streaming services in cable packages, helping to moderate content costs for consumers and stabilize the linear video ecosystem.
Phenylephrine, America's most popular oral nasal decongestant, has been deemed ineffective and no better than a placebo by an FDA panel, raising consumer concerns and potentially leading to the removal of products containing the drug from store shelves.
Mark Thompson, the new chairman and CEO of CNN, will face the challenge of transforming the declining legacy business of the news organization and navigating the transition from traditional pay-TV to a digital future.
Adobe has commercially launched new AI-enhanced versions of its software and introduced Adobe Firefly, a set of AI software tools.
The United Auto Workers (UAW) union, led by President Shawn Fain, is preparing to strike against the Detroit Three automakers after rejecting their pay raise offers, with coordinated strikes potentially occurring at all three automakers, marking a significant labor action.
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The FDA has issued a warning against using Dr. Berne's MSM Drops 5% and Lighteyez MSM Eye Drops due to potential bacterial and fungal contamination, which could lead to vision-threatening or life-threatening infections.
Tesla's rivals in China, including Li Auto, BYD, XPeng, and Nio, reported strong August deliveries, with Li Auto achieving a record sales month and Nio deliveries coming close to a record, while the overall China EV market is expected to see growth despite the country's weakening economy.
Moderna's experimental flu shot has shown to generate a higher level of antibodies than widely used vaccines from Sanofi and GSK, leading to a surge in the company's stock.
The Biden-Harris Administration is allocating $100 million in federal funding to repair and replace nonoperational EV chargers in the US, aiming to accelerate EV adoption and create new jobs in the industry, while also strengthening the country's electrical grid in preparation for the shift towards electrification.
China's factory activity unexpectedly expanded in August, with improvements in supply, domestic demand, and employment, suggesting government efforts to revive growth may be effective.
Elon Musk showcased the sexy "Overwatch" cosplay that ex-girlfriend Amber Heard made for him, according to a new biography, after comparing her to his favorite character from the game, Mercy.
Britain's air traffic control system experienced a technical issue, leading to traffic flow restrictions and potential delays for flights.
Swiss banking giant UBS plans to save $10 billion in costs by integrating Credit Suisse's operations, which includes 3,000 staff reductions, following their government-orchestrated merger.
The 2024 GMC Acadia has been revealed at the Detroit Auto Show, featuring a longer wheelbase and more spacious interior, as well as new features such as a 15-inch touchscreen and GM's Super Cruise hands-free highway driving assistant.
Vandals smash dozens of subway windows in New York, causing $500,000 in damage and disrupting the commutes of hundreds of thousands of passengers.
Walgreens Boots Alliance CEO Rosalind Brewer has stepped down from her position after less than three years, amid a turbulent period for the pharmacy chain struggling with declining sales and profitability.
Delta Air Lines is changing the way customers can earn elite frequent flyer status and making it harder for many American Express cardholders to access its airport lounges, as airlines raise requirements to earn status based on customer spending rather than just flights.
Chip designer Arm Holdings has secured a $54.5 billion valuation in its U.S. IPO, seven years after it was taken private by SoftBank, raising $4.87 billion for the company.
Turkey's central bank has raised its key interest rate by 7.5 percentage points to 25% in an effort to curb inflation and stabilize the economy, leading to a jump in the Turkish lira.
Altria Group Inc. has approved a 4.3% increase in its quarterly dividend, resulting in a new annualized dividend yield of 9.1%.
EV start-up Fisker is expanding deliveries of its Ocean SUV into more countries, resulting in a rise in the company's stock.
Tesla released its upgraded Model 3 in China, offering a more efficient and refreshed version of the popular electric vehicle to compete in China's EV market.
Starbucks announced the retirement of former chairman Howard Schultz from its board of directors, but he will retain the title of "lifelong Chairman Emeritus" while focusing on philanthropic and entrepreneurial investments.
The FDA has sent warning letters to health care companies, including CVS Health and Walgreens Boots Alliance, for illegally marketing unapproved eye products to treat various conditions and for quality issues related to product sterility.
Tesla stock is expected to rise as the automaker expands its artificial intelligence efforts and receives a bullish report from Morgan Stanley, despite competition and potential investigations.
Around 1,100 United Auto Workers-represented Blue Cross Blue Shield of Michigan employees went on strike due to failed contract negotiations, citing issues such as job outsourcing, unfair labor practices, and wage disparity.
The social media platform formerly known as Twitter, now called X, is updating its privacy policy to collect biometric and employment information from its users, potentially positioning itself to compete with LinkedIn.
Elon Musk's leadership at X (formerly Twitter) is being questioned by the U.S. Department of Justice regarding the company's compliance with the Federal Trade Commission's consent order on data privacy and security, as investigations reveal a chaotic environment and potential violations.
Coca-Cola has launched Coca-Cola Y3000 Zero Sugar, a limited-edition drink co-created by humans and artificial intelligence, allowing fans to experience the taste of the future.
Gold and silver prices are slightly lower in midday trading due to a correction after this week's gains and a strong rally in the US dollar index, while the busy US data week is highlighted by Friday's employment situation report for August from the Labor Department.
Salesforce CEO Marc Benioff has been pressuring San Francisco to address issues such as homelessness and open-air drug use in preparation for the Dreamforce conference, urging the city to enforce laws and hire more police officers.
As COVID cases rise, an updated COVID vaccine will be available for everyone aged 6 months and older to protect against severe illness and death, with the shots expected to be available this week.
Stocks opened higher as investors awaited a key speech from Federal Reserve Chair Jerome Powell at the Jackson Hole economic symposium, with expectations of a more nuanced stance on rate hikes.
Chinese stocks, including Alibaba and JD.com, experienced a rally after the government announced plans to reduce trading taxes and implement measures to boost capital markets.
Shares of Intel rose nearly 3% after CEO Pat Gelsinger announced that the chip maker had exceeded its revised Q3 revenue guidance, with a resumption in demand for personal computer processors driving the boost. Gelsinger also expressed optimism about Intel's entry into the foundry business, highlighting the potential for substantial growth and the prepayment received from a major customer for its manufacturing capacity. The company's emphasis on advanced packaging capabilities is expected to significantly benefit the foundry business, while analysts currently hold a consensus rating of "Hold" on Intel stock.
Hackers known as Scattered Spider have demanded a ransom from MGM after hacking the company and causing disruptions, and it is believed that the same group hacked Caesars before, receiving a large sum of money as ransom; these hackers are known for their aggressive tactics and have been involved in compromising at least 60 entities worldwide.
The August jobs report showed solid hiring, with employers adding 187,000 payroll positions, but the unemployment rate unexpectedly jumped and wage growth eased, leading to speculation that the Federal Reserve may have hiked interest rates for the last time.
Elon Musk's new biography reveals shocking and bizarre details about the Tesla and SpaceX CEO, including volatile relationships, physical injuries, controversial statements, and his role in geopolitical conflicts.
3M and attorneys representing plaintiffs are nearing a $5.5 billion settlement to resolve complaints by military veterans that the company's earplugs did not protect them from hearing loss.
Hyundai and LG Energy Solution are investing an additional $2 billion in their US battery factory, increasing the total investment to $7.5 billion and creating 8,500 new jobs over the next eight years, in order to meet domestic manufacturing requirements for EVs and qualify for incentives under the Biden administration's Inflation Reduction Act.
Ford aims to increase the sales of its F-150 hybrid variant from 10 percent to 20 percent by 2024, offering it at the same price as the turbocharged 3.5 L V6 EcoBoost engine, as part of its strategy to make hybrid technology more accessible and democratize it for all truck customers.
Former Starbucks CEO Howard Schultz is stepping down from the coffee chain's board as part of a planned transition, with Wei Zhang set to take his seat.
Ford Motor is recalling 169,000 vehicles in the US to replace rearview cameras and update software, costing the company $270 million, following a series of rear camera-related recalls in recent years.
The nation's top tech executives, including Elon Musk, Mark Zuckerberg, and Sundar Pichai, showed support for government regulations on artificial intelligence during a closed-door meeting in the U.S. Senate, although there is little consensus on what those regulations should entail and the political path for legislation remains challenging.