Bloomberg Top News

Profit at Walt Disney Co.’s sports TV networks fell 20% through the first nine months of fiscal 2023, as the company provided the first peek at that business on a standalone basis.

Elon Musk said Tesla Inc. is still planning a vehicle factory in Monterrey, Mexico, but isn’t ready to go “full tilt” on its construction because of the state of the global economy.

Pfizer Inc. will sell its Covid pill Paxlovid to private payers in the US at a list price of $1390 for a 5-day course, more than twice what it charged the government for the antiviral during the pandemic.

Options traders are preparing for turbulent yen trading.

Asian stocks are set to slide following US peers lower, driven by the continued sell-off in Treasuries and increasing tensions in the Middle East.

Tesla Inc.’s long-awaited Cybertruck is set to hit the market on Nov. 30, though it could be a long time before the vehicle becomes profitable.

The creators of South Park are in discussions with Carlyle Group Inc. for a private loan totaling around $800 million that would be used to refinance an existing credit facility and fund a cash payout, according to people with knowledge of the matter.

UK Prime Minister Rishi Sunak is about to begin a two-day trip to Israel and the wider region, part of a procession of foreign leaders who have made a personal effort to prevent the conflict from widening.

Axel Capital Management’s Anna Nikolayevsky said she likes chipmaker Micron Technology Inc., saying it benefits from government subsidies and is considered strategic by the US.

Goldman Sachs Group Inc. and Bank of New York Mellon Corp. sold a combined $6 billion of investment-grade bonds on Wednesday, joining other Wall Street stalwarts selling debt post-earnings even as borrowing costs rise.