FCC Threatens Charlie Ergen's Hold on Satellite, 5G Spectrum Licenses
The regulator's letter warns of new scrutiny on Ergen's EchoStar and considers opening satellite spectrum to rivals including SpaceX.
AI Startup Perplexity's Valuation Surges to $14 Billion in New Funding Round
The move is a sign of increased investor excitement about AI's potential to challenge Google's longstanding dominance over search.
NRG Buys 18 Natural-Gas Power Plants in Bet on Soaring Energy Demand
The roughly $12 billion acquisition would double the company's generation capacity to about 25 gigawatts.
Fox to Launch Streaming Service by Fall
The media company recorded a big gain in fiscal third-quarter revenue from its broadcast of the Super Bowl while surging costs cut into its earnings.
Apple Considers Raising iPhone Prices, Without Blaming Tariffs
The company wants to avoid appearing to attribute price increases to U.S. tariffs on goods from China, where most Apple devices are assembled.
UniCredit Lifts Outlook After Earnings Beat Market Expectations
The lender raised its guidance for the year as higher fee income boosted first-quarter earnings.
Church & Dwight to Buy Touchland Hand-Sanitizer Brand
Church & Dwight has struck a deal to buy the Touchland hand-sanitizer brand for up to $880 million.
Aramco Earnings Narrowly Beat Expectations
Saudi Arabia's national oil company reported a marginal profit beat for the first quarter as weaker oil prices caused by global economic uncertainty dragged on earnings.
Eli Lilly Says Trial Patients Lost More Weight on Zepbound Than Rival's Wegovy
The obesity drug helped patients reduce their waist size by an extra two inches compared to those on Novo Nordisk's Wegovy in a head-to-head study of the two drugs.
Why Moderna Merged Its Tech and HR Departments
The vaccine maker, which has partnered with OpenAI since 2023, is rethinking how it does workforce planning thanks to the growing capabilities of AI and other tech.
(END) Dow Jones Newswires
May 12, 2025 17:00 ET (21:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.