Cheng Xin | Getty Images News | Getty Images DraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called DraftKings Predictions. Railbird is licensed by the Commodity Futures Trading Commission to offer an event contracts exchange. DraftKings targeted the company for its team and […]
DraftKings acquires predictions platform Railbird Read More »
Still from Netflix’s “KPop Demon Hunters.” Netflix Netflix is partnering with both Hasbro and Mattel to bring “KPop Demon Hunters” toys to shelves. The animated film, which debuted on the streaming service in June, has become Netflix’s most popular film of all time, with more than 325 million views worldwide. Its popularity has spurred Netflix
Netflix strikes ‘KPop Demon Hunters’ toy deals with both Mattel and Hasbro Read More »
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Defense and aerospace giants raised their outlooks for the year on Tuesday, citing stronger demand despite economic uncertainty and tariffs. GE Aerospace, Northrop Grumman, RTX and Lockheed Martin each beat third-quarter Wall Street profit estimates, with only Northrop missing revenue estimates, based on a survey of analysts by LSEG. GE, which is both a defense
Defense companies raise 2025 outlooks on higher demand Read More »
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 9% higher in premarket trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding
Warner Bros. Discovery says it’s open to a sale; shares jump 9% Read More »
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had
GM expects next year’s results to top 2025 earnings Read More »
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — General Motors raised its 2025 financial guidance Tuesday after beating Wall Street’s top- and bottom-line earnings expectations for the third quarter, while lowering its expected impact from
GM raises guidance after beating Wall Street expectations, lowering tariff costs Read More »
Sina Schuldt | Picture Alliance | Getty Images Coca-Cola reported quarterly earnings and revenue that topped expectations, but the beverage giant said that demand for its drinks is still soft. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings per share: 82 cents adjusted vs. 78 cents
Coca-Cola tops earnings and revenue estimates but says demand for drinks is still soft Read More »
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created
Cost and ‘chaos’ continue to test resiliency of U.S. auto industry  Read More »
Trading cards of the game “Magic” are located in a shop where a “Magic” tournament is taking place. Frank Rumpenhorst | picture alliance | Getty Images As screentime soars and technology races ahead, a low-tech pastime is back in a big way: collecting trading cards. The cardstock depicting everything from NFL standouts to Pokémon and
Pokémon, sports trading card boom boosts Target, Walmart ahead of holiday season Read More »
