Two Big TV Broadcasters in Advanced Deal Talks

A deal between Nexstar and Tegna could be a litmus test for the FCC's deregulation push

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Trump Preparing IPO for Fannie Mae and Freddie Mac Later This Year

Some officials believe the offering could raise around $30 billion and value the combined firms at roughly $500 billion or more.

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Wendy's Cuts Outlook as U.S. Sales Falter

Wendy's lowered its full-year earnings and sales guidance after reporting declining revenue in the second quarter tied to weakness among its U.S. restaurants.

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Lyft Bets on Robotaxis to Drive Revenue Growth

Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ride-sharing company works to scale its robotaxi presence.

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Under Armour Expects Struggles to Continue as Tariffs Dent Results

The sportswear company reported a drop in first-quarter profit and guided for steeper declines in the current quarter. It also said it expects tariff headwinds to cut its fiscal-year profit in half.

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How Intel's CEO Helped Create China's Chip Industry

Lip-Bu Tan's venture-capital firm has supported some of the biggest names in China's chip industry. With U.S.-China tensions running high, those investments no longer look so benign.

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Heartflow Stock Soars 50% Above IPO Price in Latest Hot Debut

Medical imaging company Heartflow rose nearly 50% on its first day, joining Firefly, Figma, and Circle as big IPO gainers.

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Cyber Companies Wary of Broader Economic Challenges

Cybersecurity companies largely met or beat analyst estimates in their latest financial results, but executives warned that broader economic uncertainties will likely pressure their sales.

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Boeing's $4.7 Billion Spirit AeroSystems Deal Cleared in U.K.

Officials said they wouldn't open an in-depth probe into Boeing's deal to acquire the fuselage maker, effectively clearing the transaction.

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AE Industrial's Bet on Rocket Maker Firefly Soars in IPO

The firm's stake in the space company climbed to around $3.5 billion as Firefly shares surge.

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Chip Maker SMIC Sees Limited Impact of Trump's Tariffs

China's largest chip maker said the U.S. tariffs should continue to have a limited impact as demand from domestic clients is increasing sharply and overseas clients are better prepared for the headwinds.

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Meta, Robby Starbuck Settle AI Defamation Lawsuit

The conservative activist will advise the company on removing political bias from its AI tools.

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Jaguar Land Rover Backs Guidance Despite Hit From Tariffs and EV Transition

Revenue fell 9.2% and reflected the U.S. putting a 25% tariff on top of an existing 2.5% duty on U.K. and EU-made vehicles exports.

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Battle for Seattle: Can Delta Keep Dominating International Flights?

Alaska Airlines is launching flights to Europe and Asia, bringing more competition to the global gateway.

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Apple Got the Jump on Tariffs, Deciding Years Ago to Make iPhones in India

CEO Tim Cook sought new factory locales outside China, a prescient move that along with a new $100 billion U.S. investment will shield the company-for now.

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Munich Re Lowers Revenue View on Currency Impacts, Shares Tumble

The company cut its insurance revenue guidance for the year due to business and exchange-rate developments, but backed its profit view.

(END) Dow Jones Newswires

August 08, 2025 17:00 ET (21:00 GMT)

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