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NEW YORK (Reuters) – Emmy-winning “Breaking Bad” actor Bryan Cranston rallied a crowd of striking Hollywood actors on Tuesday with comments directed at Walt Disney Co Chief Executive Bob Iger. Iger angered members of the SAG-AFTRA actors union this month by saying their demands for a labor contract with higher pay and limits on use of artificial intelligence were “unreasonable.” At a rally in Times Square in New York near […]

By Chavi Mehta (Reuters) -Analog chipmaker Texas Instruments forecast third-quarter revenue and profit below Wall Street targets on Tuesday, bogged down by sluggish recovery in end-market demand that has forced clients to cancel orders. Wobbly China recovery after the country put an end to its “zero-COVID” policy has also prevented demand from rebounding quickly. “China was roughly half of sales at the end of fiscal 2022, so China has the […]

(Reuters) – Wells Fargo said on Tuesday its board had authorized a new share buyback program of up to $30 billion. The bank’s shares rose 1% in extended trading after earlier jumping almost 4% after the announcement. Wells Fargo announced the buybacks days after it reported a 57% jump in profit in the second quarter, which was lifted by customer interest payments. The lender and rival U.S. banking giants raised […]

By Supantha Mukherjee, Martin Coulter and Sheila Dang (Reuters) -After 17 years with an iconic blue bird that came to symbolize the broadcasting of ideas to the world, billionaire Elon Musk renamed Twitter as X and unveiled a new logo, marking a focus on building an “everything app.” On Monday, a stylized white X on a black background became the new logo on Twitter’s website, though the blue bird was […]

By Milana Vinn and Anirban Sen NEW YORK (Reuters) -Broadcast Music Inc (BMI), the music rights company representing top songwriters such as Lady Gaga, Taylor Swift and Rihanna, is once again exploring options including a sale after it ditched its non-profit model, people familiar with the matter said. BMI is working with Goldman Sachs Group, the investment bank that also advised it on deal discussions last year, for guidance as […]

SEOUL (Reuters) – South Korean consumers’ sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a decline, a central bank survey showed on Wednesday. The consumer sentiment index rose to 103.2 in July, from 100.7 in June, and was the highest reading since April 2022, the Bank of Korea’s monthly survey of consumers showed. The biggest driver, according to the sub-indexes, […]