Warner Bros Discovery's board rejected Paramount Skydance's $108.4 billion hostile bid on Wednesday, saying it failed to provide adequate financing assurances. ...

Joby Aviation said on Wednesday it would double its U.S. manufacturing capacity, as the electric aircraft maker looks to cash in on demand for air-taxis. ...

Nike investors will look for signs this week that the recovery glimpsed last quarter is sustainable and that a bigger marketing budget is helping the sportswear maker claw back market share lost to ni... ...

Core Viewpoint - The U.S. Federal Reserve has the capacity to lower interest rates due to increasing weakness in the job market [1] Group 1 - Federal Reserve Governor Christopher Waller highlighted the potential for interest rate cuts in response to labor market conditions [1]

Core Viewpoint - The U.S. gaming platform Roblox is willing to modify certain features in Russia to lift a recent ban imposed on it [1] Group 1 - Roblox has faced a ban in Russia earlier this month [1] - The company is open to making changes to its platform to address the concerns that led to the ban [1]

Oracle's largest data center partner Blue Owl Capital will not back a $10 billion deal for its next facility, as the software group faces increased concerns about its rising debt and artificial intell... ...

Core Insights - Jabil forecasts annual revenue and profit exceeding Wall Street estimates, driven by demand for data centers fueled by artificial intelligence [1] Group 1: Company Performance - Jabil anticipates strong financial performance, with revenue and profit projections above market expectations [1] Group 2: Market Trends - The company aims to leverage the increasing demand for electronic components in data centers, particularly due to the rise of artificial intelligence applications [1]

Shipping companies Hapag-Lloyd and North Sea Container Line (NCL) have won a tender to use low-emission fuels derived from hydrogen on container ships from 2027 for at least three years to reduce CO2 ... ...

Online education platform Coursera will merge with Udemy in a deal that will value the combined company at $2.5 billion, the companies said on Wednesday. ...

Hut 8 has signed a deal valued at about $7 billion to lease a data center in Louisiana, it said on Wednesday, as former cryptocurrency miners pivot to meet surging demand for artificial intelligence i... ...