Business
Found 508 articles
Versant Media Group Raises 2026 Outlook Amid Digital Pivot
With a quarterly earnings beat that defied the broader decline in traditional television, Versant Media Group has raised its full-year 2026 guidance. The company, spun off from NBCUniversal earlier this year, is banking on its digital platforms and aggressive acquisitions to offset the ongoing erosion of its linear cable business.
Warner Bros. Discovery streaming revenue climbs amid merger uncertainty
Warner Bros. Discovery streaming revenue rose 10% to over $3 billion this quarter, a rare bright spot for a media giant currently navigating a legal blockade on its proposed merger with Paramount. The company’s quarterly earnings reveal deep structural challenges despite the gains made by its HBO Max platform.
Caribbean nations face EU ultimatum over golden passport schemes
Five Caribbean nations face the potential loss of visa-free travel to the Schengen area by 2028 unless they dismantle their citizenship-by-investment programs. The European Union issued formal notices in late June, challenging the core commercial nature of these schemes, which serve as vital pillars for the islands' national revenue.
Peloton Secures First Annual Profit Amid Stagnant Growth Forecasts
Burger King Revitalization Drives Restaurant Brands Profit Beat
Spider-Man: Brand New Day Hits Billion-Dollar Milestone
Flutter Stumbles as Profit Targets Drop and CEO Departs
Tanger Outlets Cites World Cup Surge for Summer Sales Boost
Salad and Go files for bankruptcy and shutters all locations
Disney Parks Defy Global Tourism Slump with Record Revenue
Disney mulls free streaming tier as Super Bowl ad inventory sells out
Bank of America faces $250 million annual bill for GLP-1 weight loss drugs
BofA CEO warns of leveraged market risks after AI hedge fund fire sale
Eli Lilly Raises Annual Outlook as Mounjaro and Zepbound Sales Explode
CVS Health Beats Second-Quarter Estimates as Aetna Stabilizes
Disney Investors Eye Streaming and Park Growth Amid Economic Headwinds
General Motors and SAIC Extend China Partnership to 2047
Paramount Skydance Lifts Profit Outlook After Streaming Gains
Lucid Struggles Through Operational Reset After Missing Earnings Targets
Chipotle Shares Slide After Jalapeno Recall
Novo Nordisk Shares Tumble as Guidance Fails to Impress
Procter & Gamble Expands Wellness Portfolio With Thorne Acquisition
Ford Frames 10% Sales Dip as Strategic Pivot
Foreign Buyers Retreat from U.S. Residential Market
McDonald’s Taps Skye Anderson to Revive Sluggish U.S. Sales
Pfizer Beats Quarterly Estimates as Non-Covid Sales Offset Slump
Skye Anderson Takes Helm of McDonald’s U.S. Amid Sales Slump
Merck Raises Revenue Forecasts Amid Acquisition-Driven Profit Dip
Larry Berg to Succeed Don Garber as MLS Commissioner
