(CNBC) Disney shares closed down 4.1% on Tuesday after CEO Bob Chapek said the company will add “low single-digit millions” of subscribers in the fourth quarter. Chapek expects the fresh…
(FedEx) FedEx Corp. reported a net income of $1.11 billion in the first quarter of 2022, a decline from $1.25 billion reported in the comparable quarter of 2021. The quarter…
(Adobe) Adobe, Inc. announced a net profit of $1.2 billion in the third quarter of 2021, an increase compared to $955 million in the same period last year. The company’s…
(WSJ) US Justice Department is reviewing national security risks posed by the $15 billion buy deal by Zoom Video Communications Inc. for Five9 Inc. The Justice Department says there could…
(PayPal) American financial giant PayPal Holdings Inc. has rolled out a new mobile application that integrates crypto, savings, and deposits under one platform. The new PayPal application is touted as…
(Helbiz) Helbiz Media, a broadcasting arm of Helbiz Inc., has inked a three-year deal with Amazon Italy to distribute Helbiz live content and the Italian Serie B Championship. The broadcast…
(BEA) The deficit on trade in goods and services and income flows between US residents versus the rest of the world was $190.3 billion in Q2, an increase of $0.9…
(WSJ) Google is expanding into physical office space with a $2.1 billion acquisition of Manhattan office building, amid continuing uptake of remote working. Google is currently a tenant in the…
(Census Bureau) US building permits for privately-owned housing units reached an annual rate of 1.728 million in August, up 6.0% from July. The permits are now 13.5% higher than the…
(CNBC) Uber shares rose by about 6% in premarket trading after raising its expected gross bookings to between $22.8 billion and $23.2 billion for the third quarter. The bookings were…
(WSJ) US Bancorp will buy MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group in a cash and stock deal of $8 billion. The deal includes $5.5…
(Twitter) Chronicle is collaborating with the NEAR protocol to deploy an environmentally sustainable NFT platform that allows users to transact digital collectibles from top brands. Chronicle features 2D and 3D…