Insider Sell: Juan Ortega Sells Shares of Chubb Ltd (CB)
Juan Ortega, Executive Vice President of Chubb Ltd (CB), sold 4,357 shares of the company on December 2, 2025, bringing his total ownership to 36,0…
Read More
Disney may have to pay $5 billion more for Comcast’s Hulu stake
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake in Hulu, if an appraiser were to agree with Comcast’s assessment that the stake should be valued at more than $40 billion. Earlier this year, Disney and Comcast hired investment…
First Solar, Qcells panels score green label preferred by US government
(Reuters) – Two of the world’s biggest solar panel makers, First Solar and Hanwha Qcells, became the first to register products under an environmental ratings system preferred for U.S. government purchasing, an industry group said. Combined, the companies have seven products that meet the EPEAT standard created by the Global Electronics Council, according to Qcells,…
AutoZone’s quarterly profit beats estimates on demand for car parts
(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive, rose 3.5% to…
Target’s renewed private-label push fails to stem market share drop
By Siddharth Cavale NEW YORK (Reuters) – “Target is my backup option,” said Chloe Guss, a shopper at the retail chain for nearly 20 years whose reservations about some of its products may spell trouble for the business. The New Yorker, 38, mostly shops at Target through her Instacart app for a few groceries and…
American Airlines’ flight attendants prepare to strike
(Reuters) – A union representing flight attendants for American Airlines Group said on Thursday they are preparing to strike after contract negotiations with the carrier failed to produce an agreement this week. The Association of Professional Flight Attendants (APFA), which represents about 28,000 American Airlines flight attendants, said after a year of mediated talks with…
Cisco launches $1 billion AI fund and makes first investments
STOCKHOLM (Reuters) – Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through its investment arm, is investing in Cohere, Mistral AI and Scale AI, among others, and has already committed nearly $200…
COVID shots for JN.1 variant neutralize newer strains, vaccine makers say
(Reuters) – COVID-19 vaccine makers said data from animals studies showed their 2024-25 shots targeting the JN.1 variant that was dominant earlier this year could neutralize newer subvariants such as KP.2 much better than the older shots. This was disclosed in presentations by the companies ahead of a meeting of the U.S. Food and Drug…
Pope Francis tells G7 that humans must not lose control of AI
BORGO EGNAZIA, Italy (Reuters) – Pope Francis became the first pontiff to address a Group of Seven summit on Friday, warning world leaders that Artificial Intelligence must never be allowed to get the upper hand over humanity. An array of global chiefs warmly embraced the 87-year-old pope as he made his way around their huge…