By Shariq Khan BENGALURU (Reuters) – Oil prices gained more than $2 a barrel on Thursday, breaking a three-day declining…
Uber, Lyft to pay $328 million to settle New York wage theft claims
By Jonathan Stempel NEW YORK (Reuters) – Uber and Lyft will pay a combined $328 million to settle claims by…
Palantir projects revenue above estimates on demand for AI platform
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday,…
Qualcomm beats estimates on China strength, shares rise
By Stephen Nellis and Chavi Mehta (Reuters) – Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets…
Disney to buy remaining 33% stake in Hulu from Comcast for at least $8.6 billion
By Dawn Chmielewski and Helen Coster LOS ANGELES/NEW YORK (Reuters) -Walt Disney on Wednesday formally began the process of buying…
Roku forecasts strong revenue on subscriber, ad strength; shares jump 17%
(Reuters) -Roku forecast fourth-quarter revenue above Wall Street estimates after posting better-than-expected revenue growth in the previous three months on…
Tesla wins first US Autopilot trial involving fatal crash
By Dan Levine and Hyunjoo Jin (Reuters) -Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot…
After 100 years of innovating entertainment, Disney is at a crossroads
By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s…
Walmart to upgrade 1,400 stores with $9 billion investment
By Siddharth Cavale NEW YORK (Reuters) – U.S. retail chain Walmart on Monday said it is investing more than $9…
Morgan Stanley may pay up to $1 billion to resolve US probe into private stock sales – Semafor
(Reuters) -Morgan Stanley may pay between $500 million and $1 billion to resolve a long-running U.S. probe into how it…