End of Redstone era as Paramount, Skydance Media agree to merge. (Reuters) -Skydance Media and Paramount Global have agreed to a merger, the companies announced late on Sunday, marking the end of an era for the Redstone media empire which was launched as a chain of...
Epic Games says Apple stalling launch of its game store in Europe. (Reuters) -“Fortnite” maker Epic Games said on Friday Apple (NASDAQ: AAPL) was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a...
First Foundation plunges as 'unexpected' fundraise puts real estate loans in focus. (Reuters) -First Foundation shares slumped 30% in premarket trading on Wednesday after the Texas-based lender with a huge portfolio of multifamily real estate loans disclosed a $228...
Polestar posts loss, plans steps to offset tariffs on China-made EVs. STOCKHOLM (Reuters) – Electric vehicle (EV) maker Polestar (NASDAQ: PSNY) said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it...
Spirit shares rise as Boeing agrees to buy supplier for $4.7 bln in all stock deal. Investing.com– Boeing Co (NYSE:BA) has reached an agreement to reacquire Spirit AeroSystems Holdings Inc (NYSE: SPR) for over $4 billion, ending months of speculation over the...
Nike slumps after flagging sales decline. Shares in Nike (NYSE: NKE) shed more than 14% premarket after the sports apparel company told investors that revenue is expected to fall by 10% in the current quarter.Sales in the ongoing fiscal year are also seen decreasing...
