Breaking News: Business
- Procter & Gamble earnings top estimates, but shrinking demand weighs on sales - Procter & Gamble topped Wall Street's estimates for its quarterly earnings, but the company's revenue was weaker than expected.
- Mortgage refinances surged again, but rates are now suddenly jumping higher - Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust.
- India’s largest company is caught in geopolitical tensions. But it faces the biggest challenge at home - The retail business is facing a slow down in sales, which has pushed brokerages to cut down on target price.
- Netflix earnings are out – here are the numbers - Netflix this week amended its offer for Warner Bros. Discovery assets amid a Paramount Skydance hostile takeover attempt.
- United Airlines could hit record earnings after strong start to 2026 - United Airlines said 2026 is off to a strong start, both for premium seats and no-frills tickets, as it reported fourth-quarter earnings.
- Disney dominated the 2025 box office. Here's how it could keep the crown in 2026 - Disney accounted for 27.5% of the domestic box office's overall annual haul. It looks to be a dominant force in 2026, too.
- Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets - Goldman's interest comes as prediction markets gain visibility and debate swirls over market transparency and regulatory boundaries.
- Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless - Amazon invested $475 million into Saks's acquisition of Neiman Marcus. It wants a federal judge to reject Saks's bankruptcy plan because it harms creditors.
- Spotify hikes U.S. Premium subscription price months after last rate increase - Co-founder Daniel Ek recently stepped down as CEO, with co-CEOs Gustav Söderström and Alex Norström now at the helm of the music streamer.
- Automakers like Ford and GM are jumping into a whole new business where Tesla is a serious player - Automakers Ford and GM are trying to figure out what to do with battery factories now that EV sales are falling way short of forecasts