With strong showings in both its retail and cloud computing divisions, Amazon’s financial results for the third quarter soared past Wall Street expectations Thursday, two days after it announced historic layoffs.

The Seattle-based tech giant reported $180.2 billion in revenue between July and September against analysts’ estimates of $177.8 ...Read more

Paramount Chairman David Ellison's latest offer to buy Warner Bros. Discovery contained a twist:

Should Paramount, backed by tech billionaire Larry Ellison, pull off the purchase, Warner Bros. Discovery Chief Executive David Zaslav could stay on to help lead the combined enterprise.

"They're sweetening the pot," Paul Hardart, a professor at ...Read more

Disneyland Resort has laid off about 100 people in Anaheim, as Walt Disney Co. becomes the latest media and entertainment company to cut jobs.

The layoffs occurred Tuesday and came from multiple teams, Disney confirmed.

"With our business in a period of steady, sustained operation, we are recalibrating our organization to ensure we continue to...Read more

NBCUniversal owner Comcast is indeed interested in some of Warner Bros. Discovery's assets.

On a Thursday call with analysts to discuss third-quarter earnings, Comcast President Mike Cavanagh suggested the Philadelphia giant might bid for certain Warner assets, primarily the Warner Bros. film and television studios and its streaming service HBO...Read more

Theme park revenue climbed 18.7% in the third quarter for Comcast Corp., propelled by the early months of operation of Epic Universe, the company reported Thursday.

The attractions segment, which includes Universal Orlando as part of Comcast’s content and experiences division, took in $2.7 billion in the quarter that ended Sept. 30. Epic ...Read more

Stellantis NV said Thursday its third-quarter revenue rose 13% to $43.2 billion (37.2 billion euro) as the company saw "early signs of commercial progress" after a recent string of poor sales and financial results.

But the maker of Chrysler, Dodge, Jeep and Ram vehicles also warned of new one-off costs as it recalibrates its business strategy ...Read more

As air taxis creep closer to reality, Beta Technologies is touring its electric aircraft around the country.

The Vermont-based manufacturer is one of several companies working on electric vertical takeoff and landing, or eVTOL, aircraft, part of a broad movement to find more efficient and environmentally sustainable options for air travel.

...Read more

John Malone, who built a cable and media empire over more than five decades, will step down as chairman of Liberty Media Corp. and Liberty Global at the start of next year, according to announcements from the two companies.

Malone, 84, will become chairman emeritus at Liberty Media, based in Douglas County, and advise management and the board ...Read more

Microsoft beat Wall Street expectations on Wednesday, delivering financial results that shows steady demand for its cloud computing and artificial intelligence platforms.

The Redmond-based software maker reported almost $77.7 billion in revenue for its first fiscal quarter of 2026, which ran from July through September. On top of that, the ...Read more

Starbucks touted a turnaround" at the company after reporting a rise in revenue — tempered by a major fall in profit — in its latest quarterly earnings released Wednesday.

In the fourth quarter, the Seattle-based coffee giant raked in $9.6 billion in consolidated net revenues, which beat analyst predictions. It's a 5.5% increase from the ...Read more

Cameo, the Chicago-based celebrity video messaging website, has become the latest company to sue OpenAI, alleging trademark infringement for the technology giant’s new service that makes AI-generated celebrity videos under the same Cameo name.

The lawsuit, filed Tuesday in a California federal court, said the recent rollout of the “Cameo”...Read more

Workers at a Volkswagen AG plant in Tennessee voted to authorize a strike after more than a year of negotiations has failed to yield an agreement, the United Auto Workers said Wednesday evening.

In April 2024, workers at the Chattanooga Assembly Plant voted 73% in favor of joining the Detroit-based union — the first foreign-owned plant in the...Read more

For the first quarter since a midair blowout in January 2024, Boeing generated more cash than it spent, marking a significant financial milestone on its path to recovery.

But the aerospace manufacturer is still struggling with long-delayed airplane programs, including two Max variants and its 777X family.

On Wednesday, Boeing said it took a $4...Read more

Paramount on Wednesday began cutting about 1,000 employees, the first wave of a deep staff reduction planned since David Ellison took the helm of the entertainment company in August.

Ellison announced the layoffs in an early morning email to his staff, saying the long-anticipated move was aimed at “building a strong foundation for the future....Read more

TRACY, Minnesota — Months into a trade war with China, steel grain bins across rural Minnesota sit plump with soybeans without a market, and farmers are nervously eyeing balance sheets.

On Wednesday, news broke across an ocean that, ahead of a planned meeting between President Donald Trump and China’s president, Xi Jinping, China had ...Read more

Character.AI, a platform for creating and chatting with artificial intelligence chatbots, plans to start blocking minors from having "open-ended" conversations with its virtual characters.

The major change comes as the Menlo Park, Calif., company and other AI leaders face more scrutiny from parents, child safety groups and politicians about ...Read more

ST. LOUIS — Boeing is accelerating its efforts to hire replacement workers, a push that will likely displace some striking workers, a company executive said Tuesday.

Steve Parker, president and CEO of Boeing's defense, space and security division, said the company is expanding third-party support for certain jobs and "assessing opportunities ...Read more