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Business

2057 posts
  • Business

Mexican broadcaster Televisa cuts 2025 investment budget, shares rise

  • July 24, 2025
  • Roubens Andy King
Mexican broadcaster Televisa cuts 2025 investment budget, shares rise
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) -Mexico's largest broadcaster, Grupo Televisa, reduced 2025 capital spending on Wednesday, lowering it to $600 million from $665 million. Televisa's Co-Chief Executive Alfonso de…
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FCC approves Paramount-Skydance merger following protracted political tug-of-war
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  • Business

FCC approves Paramount-Skydance merger following protracted political tug-of-war

  • July 24, 2025
  • Roubens Andy King
David Ellison stepped within reach of his hard-fought prize, Paramount Global, after winning regulators’ blessing for his Skydance Media’s $8-billion takeover of the storied media company. The Federal Communications Commission,…
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Tesla reports declines in revenue and profit amid shaky financial year | US news
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  • Business

Tesla reports declines in revenue and profit amid shaky financial year | US news

  • July 24, 2025
  • Roubens Andy King
It’s been a rocky year for Tesla’s financial outlook. The electric vehicle maker once led the market for gas-free cars, but recently has faced falling stock, steep competition and a…
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Freeport-McMoRan still waiting for US copper tariff details, CEO says
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  • Business

Freeport-McMoRan still waiting for US copper tariff details, CEO says

  • July 24, 2025
  • Roubens Andy King
By Ernest Scheyder and Tanay Dhumal (Reuters) -Freeport-McMoRan has yet to see details of U.S. President Donald Trump's plan to impose a 50% tariff on copper imports starting next week,…
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Donald Trump will add to pressure on Jerome Powell with visit to Federal Reserve | Federal Reserve
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  • Business

Donald Trump will add to pressure on Jerome Powell with visit to Federal Reserve | Federal Reserve

  • July 24, 2025
  • Roubens Andy King
Donald Trump will heap further pressure on the chief of the Federal Reserve, Jerome Powell, on Thursday when the US president makes a visit to the central bank’s Washington offices.…
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What is subrogation in insurance, and how does it affect you?
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  • Business

What is subrogation in insurance, and how does it affect you?

  • July 24, 2025
  • Roubens Andy King
If you’ve read your insurance contract, you might have come across the term “subrogation insurance.” Subrogation insurance is a process that enables insurers to recoup their financial losses after paying…
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Tesla’s European sales slump as Musk warns of ‘rough quarters’ ahead | Tesla
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Tesla’s European sales slump as Musk warns of ‘rough quarters’ ahead | Tesla

  • July 24, 2025
  • Roubens Andy King
Tesla sales in Europe have collapsed by one-third this year, data shows, after Elon Musk warned the electric carmaker faced “a few rough quarters” ahead. According to the figures published…
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Nestlé puts supplements assets on chopping block
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  • Business

Nestlé puts supplements assets on chopping block

  • July 24, 2025
  • Roubens Andy King
Four years after Nestlé spent more than $5bn to acquire a clutch of vitamins and supplements brands, some of the assets look set for disposal. The world’s largest food company…
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CEO pay climbs ahead of Trump tax windfall for wealthy | US income inequality
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  • Business

CEO pay climbs ahead of Trump tax windfall for wealthy | US income inequality

  • July 24, 2025
  • Roubens Andy King
Starbucks’ CEO, Brian Niccol, made 6,666 times more than his average worker last year, according to a report on the growing gap between top executives and their workers. The inequality…
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Tractor Supply’s New Stores Fuel Strong Sales, Solid Outlook
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  • Business

Tractor Supply’s New Stores Fuel Strong Sales, Solid Outlook

  • July 24, 2025
  • Roubens Andy King
Tractor Supply Company (NASDAQ:TSCO) shares are trading higher Thursday after the rural lifestyle retailer reported second-quarter earnings per share of 81 cents, aligning with analyst estimates. The company also beat…
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