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Warner Bros. Discovery confirms it has received buyout offers and is considering its options

NEW YORK (AP) — Just months after announcing plans to split into two companies, Warner Bros. Discovery has signaled that it may be open to a sale of its business. In an announcement Tuesday, the entertainment giant said it had initiated a review of “strategic ...
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JPMorgan Chase unveils new 60-story headquarters, reshaping New York City’s skyline

NEW YORK (AP) — JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will remake the New York City skyline for decades. The copper-toned steel ...
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How leaders of the MAHA movement benefit from anti-science advocacy and promise profits to industry

Two advisers to U.S. Health and Human Services Secretary Robert F. Kennedy Jr. sat on a stage in California this spring, addressing an audience at a natural products industry trade show that drew tens of thousands of people from food brands, investment banks, supplement ...
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European logistics firms face impact from falling freight rates

By Amir Orusov and Anastasiia Kozlova (Reuters) -European shipping and logistics firms are under pressure heading into third-quarter earnings season, as analysts trim profit forecasts to reflect falling freight rates and weaker demand. Ocean container rates have plunged to their lowest since January 2024, hit ...
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3M raises 2025 profit forecast as margin-focused strategy pays off

(Reuters) -3M on Tuesday raised full-year profit forecast for the second time this year, bolstered by a shift toward higher-margin products and tighter cost controls, sending its shares up 2.6% in premarket trading. The industrial conglomerate now expects 2025 operating margin to grow 1.8 to ...
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Coca-Cola sees third-quarter revenue rise on higher prices

The Coca-Cola Co. said Tuesday its third-quarter revenue rose largely due to higher prices. The Atlanta beverage giant said its organic revenue rose 6% to $12.41 billion in the July-September period. That was in line with what Wall Street expected, according to analysts polled by ...
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VW prepares to halt production of key models due to chip dispute, Bild reports

BERLIN (Reuters) -Volkswagen is preparing to suspend production of major models, including the Golf at its Wolfsburg plant, due to shortages in semiconductor supplies, Bild reported on Tuesday, citing sources in the supplier industry. The disruption stems from a dispute over chipmaker Nexperia, the ...
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Waller says Fed staff studying streamlined ‘payment accounts’

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is studying the creation of a new account that would provide access to Fed payment services for firms that currently rely on third parties like banks for that access, a senior official said on Tuesday. Fed Governor ...
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Warner Bros Discovery ponders outright sale as suitors circle

(Reuters) – Warner Bros Discovery is considering an outright sale following interest from several potential buyers, the company said Tuesday, in what would be the latest shakeup across legacy media. Shares of the company rose 10.5% in morning trading. Netflix and ...
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Earnings wave checks trade and shutdown hopes

By Mike Dolan (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets While U.S. and world markets got a bounce to start the week, spurred by optimism on trade, hopes for an end to the ...
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Halliburton beats third quarter profit estimates on steady North America demand

(Reuters) -Halliburton beat Wall Street estimates for third quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. U.S. crude production will reach a record higher well productivity, the Energy Information Administration (EIA) forecasts, boosting oilfield services and ...
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US Fed to trim rates twice more this year; 2026 rate path very unclear

By Indradip Ghosh BENGALURU (Reuters) -The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next ...
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