Sinclair Broadcast Group Inc. wrongfully drained at least $1.5 billion from its regional-sports-network subsidiary in the years leading up to its bankruptcy, a new lawsuit alleges.
Dow Jones Newswires: China demands U.S. lift steel, aluminum tariffs after WTO ruling
A WTO dispute settlement panel said Wednesday that China acted “inconsistently” with the WTO obligations by imposing additional duties on some U.S. imports in response to U.S. tariffs on steel and aluminum.
Dow Jones Newswires: China Evergrande posts sharply narrowed 2022 loss as it tries to bounce back
China Evergrande Group, the world’s most indebted developer, narrowed its losses significantly in 2022 as it clawed its way back to the business of selling properties and reined in costs.
: Paramount reportedly drops plans to sell its stake in BET
Paramount Global has scrapped plans to sell its majority stake in BET Media Group, the Wall Street Journal reported Wednesday night.
Dow Jones Newswires: Japan’s exports decline for first time in over two years
Japan’s exports fell in July for the first time in 29 months, data from the Ministry of Finance showed on Thursday.
MarketWatch First Take: Cisco’s early AI traction won’t save it from an anemic year ahead
Cisco may have reported its strongest annual revenue growth in a decade, but it’s headed down a much more anemic path this fiscal year.
: U.S. head coach Vlatko Andonovski resigns after Women’s World Cup disappointment: reports
Vlatko Andonovski has resigned as head coach of the U.S. women’s national soccer team, according to multiple reports Wednesday, following a disappointing early exit from the Women’s World Cup.
Dow Jones Newswires: DWAC delays shareholder vote to extend Trump Media merger deadline
Digital World Acquisition, the special-purpose acquisition company that has agreed to merge with Trump Media & Technology Group, pushed back its shareholder vote to extend its merger deadline.
: EV startup VinFast may be worth more than Ford and GM, but there’s a catch
Shares of EV startup VinFast Auto Ltd. have given back some of their stunning Nasdaq debut gains but the company’s market capitalization on paper kept ahead of the likes of Ford Motor Co.’s and General Motors Co.’s market value.
Market Extra: Bob Elliott’s Unlimited prepares to launch hedge-fund strategy ETFs
Bob Elliott’s Unlimited Funds, an investment firm he started last year, is aiming to offer eight new exchange-traded funds, according to a filing with the U.S. Securities and Exchange Commission.
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