business

Chief Executive David Zaslav said the company’s exploration of a possible sale of some or all of its holdings is briskly moving ahead. Source link

Disney-owned ESPN has forged a new deal with sports-betting giant DraftKings that starts in December. Source link

EchoStar’s third-quarter loss widened due to lower revenue and a charge on its multibillion-dollar sales of wireless spectrum, and the company appointed a new CEO. Source link

Krispy Kreme said it is retooling its distribution network to prioritize selling doughnuts through retailers like Walmart and Costco. Source link

Tapestry reported higher first-quarter sales and profit and raised its full-year outlook as its Coach brand continues to attract Gen Z customers. Source link

Moderna swung to a loss and logged lower sales in the third quarter as it works to expand its offerings amid weakening demand for its Covid-19 vaccine. Source link

Find insight on AstraZeneca, Smith & Nephew, Novo Nordisk and more in the latest Market Talks covering Health Care. Source link

Organic net sales growth for the 2026 fiscal year is seen flat to slightly down, while organic operating profit growth is expected in the low to mid-single digit range. Source link

The steelmaker said it expects a potential earnings before interest, taxes, depreciation and amortization increase of $2.1 billion in coming years. Source link

The price is seen as a key indicator of the kingdom’s outlook on regional demand and the move follows OPEC+ pausing output increases for early next year. Source link