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Corporate
Universal Crosses $5 Billion at the Global Box Office as Theaters Reward a Broad Slate
Universal became the first studio to cross $5 billion in 2026 global ticket sales, powered by franchises, originals and a strong international mix.
16 hours ago3 min read
The U.S. Economy Grew 2.2%—and the Details Matter More Than the Upgrade
Second-quarter U.S. GDP was revised up to 2.2% as consumer spending and business investment strengthened, complicating the outlook for rates.
16 hours ago3 min read
The 10-Year Treasury Yield Is Above 5%—Here Is Why Businesses Care
The 10-year U.S. Treasury yield has climbed to its highest area since 2007, raising borrowing costs and changing decisions across corporate America.
3 days ago3 min read
SEC Proposal Could Rewrite How Shareholders Put Issues on Corporate Ballots
The SEC has proposed eliminating Rule 14a-8, potentially shifting shareholder proposals from a federal process to state law and company governing documents.
3 days ago3 min read
Gundlach Bundschu Files Chapter 11 as California Wine Faces a Deeper Reset
Gundlach Bundschu, the historic Sonoma winery founded in 1858, has filed for Chapter 11 while remaining open and seeking a new investment partner.
6 days ago3 min read
U.S. and China Open New York Talks on AI, Tariffs and Critical Minerals
Senior U.S. and Chinese officials are meeting in New York to discuss AI, tariffs, critical minerals and investment ahead of a planned leaders' summit.
Sep 203 min read
Warren Buffett Steps Down as Berkshire Chairman, Closing a Six-Decade Era
Warren Buffett has stepped down as Berkshire Hathaway chairman, becoming chairman emeritus as Howard Buffett takes the role and Greg Abel continues as CEO.
Sep 193 min read
Ross Stores Raises Its 2026 Outlook After Traffic Fuels a Standout Quarter
Ross Stores delivered a stronger-than-expected second quarter and raised its outlook for the rest of fiscal 2026, offering a closely watched signal about how American shoppers are responding to value-focused retail. Total sales rose 13 percent from a year earlier to $6.3 billion, while comparable-store sales increased 10 percent, driven primarily by customer traffic. Net income reached $851 million, up from $508 million in the comparable quarter, and earnings per share increa
Aug 223 min read
Walmart Raises Its Outlook, but Six-Year-Low U.S. Sales Growth Sends Shares Down
Walmart lifted its annual forecast after beating quarterly expectations, yet slowing U.S. comparable sales unsettled investors.
Aug 213 min read
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