Dow Jones Top Company Headlines at 9 am ET: Disney's ABC Sues FCC over Challenge to Its Broadcast Licenses | Goldman ...

Dow Jones
Aug 18

Disney's ABC Sues FCC Over Challenge to Its Broadcast Licenses

The agency has launched probes into the company's DEI practices and equal-time rules in the wake of criticism of President Trump by Jimmy Kimmel and "The View."

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Goldman Sachs to Buy Real-Estate Investment Firm for Up to $410 Million

Goldman Sachs said it had reached an agreement to buy private real-estate investment firm LCN Capital Partners in a deal worth up to $410 million.

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Home Depot Posts Higher Sales, Backs Outlook

Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot's sales higher and giving the company confidence to back its full-year outlook.

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Klarna Searches for New CFO, Tempers FY Outlook

The payments company tempered its outlook for the year, even as it swung to a profit and logged higher revenue in the second quarter.

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Reddit Stock Is Joining the S&P 500 but Its Boost Is Already Fading

The social-media platform will become a member of the benchmark index before the market opens.

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XTI Aerospace Chairman, CEO Resigns Amid Internal Review

XTI Aerospace said Scott Pomeroy has resigned as chairman and chief executive amid an internal review of the executive and other related corporate-governance matters.

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Baidu's Profit, Revenue Continue to Fall as It Pivots to AI

The Chinese internet titan has been pouring money into AI, autonomous driving and chip design even as its bread-and-butter advertising business has continued to shrink.

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Costco Sells Vacations, Gas and, Soon, Medicare Plans

In some markets, the retailer's insurance products will integrate pharmacy, vision and hearing benefits.

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Xiaomi Has Another Weak Quarter Amid Memory-Price Hikes, Slow Demand

Xiaomi continues to face headwinds, with pricier memory chips pressuring smartphone margins, and reduced subsidies adding to already subdued consumer demand.

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BHP Annual Profit Rises on Record Copper Prices

The world's biggest miner by market value reported a 9% increase in annual net profit and an even bigger gain in underlying earnings as prices of copper surged to all-time highs.

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Paramount Wants $1.88 Billion Bond From States, Writers Challenging Warner Deal

The company says the litigants who sued to stop the deal should have to cover financial damages if they lose their lawsuit.

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Frasers Group Increases Hugo Boss Stake to 48% After Offer Period

The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company.

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Unitree IPO Could Mark New Era for China's Robotics Sector

Humanoid-robot startup Unitree's coming listing could unleash a fundraising frenzy across China's robotics sector, with the debut serving as a key test of market appetite

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Toll Brothers Earnings Will Offer Read on Luxury Home Demand

Toll Brother's wealthy clientele provides some insulation from the stagnant housing market. The company builds homes with an average price point around $1 million.

 

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