Prudential Financial has placed the heads of some key units under the direct supervision of CEO Andrew Sullivan and appointed company veteran Phil Waldeck as the head of its U.S. businesses, in one of... ...

Two Democratic lawmakers on Thursday raised concerns about EchoStar's deals to sell key spectrum to AT&T and SpaceX for $40 billion, saying it could shrink competition in wireless and satellite market... ...

Japan's Takeda Pharmaceutical said on Thursday its experimental pill for a type of skin disease, developed using artificial intelligence, succeeded in two late-stage studies. ...

Core Point - Taiwanese tech companies Acer and Asus, along with China-based Hisense, achieved a favorable ruling from London's High Court in their global patent dispute with Nokia regarding video coding technology [1] Company Summary - Acer, Asus, and Hisense are involved in a legal battle with Nokia over video coding technology patents [1] - The ruling from the High Court in London is a significant development for these companies in the context of their ongoing patent disputes [1]

Austria's Supreme Court has ruled that Meta's personalized advertising model is unlawful and ordered the company to provide users across the European Union with complete access to their personal data ... ...

Shares of cannabis firms rose in premarket trading on Thursday, driven by expectations that U.S. President Donald Trump will sign an executive order easing federal regulations on marijuana. ...

Core Insights - CarMax reported a decline in third-quarter revenue and profit due to weaker demand and falling prices for used vehicles in the U.S. [1] Company Summary - The company experienced a drop in revenue and profit in the third quarter [1] - The decline is attributed to reduced demand for used vehicles [1] - Falling prices of used vehicles in the U.S. have negatively impacted the company's financial performance [1]

There is "no doubt" that round-the-clock trading will be the norm across markets, Tradeweb's Chief Executive Officer wrote in a letter published on Thursday, highlighting the pace at which the idea is... ...

Core Viewpoint - Lululemon Athletica shares experienced a nearly 8% increase in premarket trading following reports that Elliott Management has acquired a $1 billion stake in the company and is collaborating with former Ralph Lauren executives [1] Company Summary - Elliott Management has built a significant $1 billion stake in Lululemon Athletica, indicating strong investor interest and potential for strategic changes within the company [1] - The collaboration with former Ralph Lauren executives suggests a focus on enhancing brand strategy and operational efficiency, which could lead to improved performance and market positioning for Lululemon [1]

Financial data firm FactSet posted a rise in first-quarter profit on Thursday, driven by increased demand for its financial data and analytics offerings. ...