NEW YORK (Reuters) – As multiple wildfires devour tens of thousands of acres across Los Angeles in what is expected to be the most costly natural disaster in U.S. history, the area’s electric utilities have come under increasing scrutiny. While officials have not

Investing.com — Bank of America upgraded Fox Corp Class A (NASDAQ:FOXA) to “Overweight” from “Market weight” and raised its FY25 and FY26 EBITDA estimates by 8% and 5% given the company’s strong execution and momentum following an earnings beat

Investing.com — GSK Plc’s CEO Emma Walmsley has expressed intentions to engage in more business deals, as the British pharmaceutical company intensifies its focus on cancer treatments. This comes after GSK made several agreements in 2024, including a deal with

Investing.com — Databricks Inc., a renowned software maker, has secured over $5 billion in its biggest debt financing round to date, according to report from Bloomberg, citing people with knowledge of the matter. The funding was provided by several lenders,

Investing.com — The S&P 500 closed higher after cutting losses Monday as a jump in cyclical stocks including energy helped offset a rotation out of growth stocks including tech amid growing worries about a Federal Reserve pause just days ahead