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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business News

AMC Theaters gets starring role in Hollywood, Wall Street drama

Sat, Aug 08, 2020

The CEO of AMC Entertainment, Adam Aron, called the last three months, “the most challenging quarter in the 100-year history of AMC” Thursday after the company saw its revenue plunge to $18.9 billion for the second quarter from $1.5 billion a year ago....

S&P nabs longest winning streak in over a year as jobs growth tops expectations

Fri, Aug 07, 2020

The U.S. economy added 1.76 million jobs in July and the unemployment rate sank to 10.2 percent....

Uber Eats grabs spotlight from ride-sharing business wounded by coronavirus

Fri, Aug 07, 2020

Uber Eats revenue grew 113% to roughly $1.2 billion, while bookings for the ride-sharing service tumbled 73 percent...

Dish TV bleeds subscribers while rivals benefit from COVID-19 lockdowns

Fri, Aug 07, 2020

Dish TV revenue slipped as the number of paid net subscribers fell for Dish TV and Sling TV....

US stock futures slip on US-China tensions

Fri, Aug 07, 2020

Global stocks fell Friday amid building tensions between Washington and Beijing after President Trump moved to impose new limits on two Chinese social-media apps....

NYSE owner agrees to buy mortgage-software firm Ellie Mae

Fri, Aug 07, 2020

The deal between Atlanta-based ICE and private-equity firm Thoma Bravo is valued at about $11 billion, including $9.25 billion in newly issued debt and $1.75 billion in stock....

News Corp posts wider loss as coronavirus pummels advertising revenue

Thu, Aug 06, 2020

Results were heavily affected by the pandemic as well as by a decline in revenue related to the sale of the company's supermarket-coupon business, News Corp said....

T-Mobile, AT&T enter war of words over who is America’s #2 wireless provider

Thu, Aug 06, 2020

T-Mobile reported year-over-year increases of $13.2 billion in service revenue and $17.7 billion in total revenue for the quarter, both driven by the merger with former competitor Sprint and the company's continued customer growth. ...

Trump re-implementing 10% tariff on aluminum from Canada

Thu, Aug 06, 2020

President Trump said Thursday that he has signed an order to re-implement 10% tariffs on Canadian aluminum....

Trump encouraged to delist Chinese companies that don’t comply with US accounting standards

Thu, Aug 06, 2020

The group suggested the SEC enhance listing standards on U.S. exchanges....