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(Reuters) -Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S. presidential election on Nov. 5, sending its shares up nearly 5%.  Americans are watching more traditional news and television programs for updates on the tightly contested race between Democratic candidate …

Fox Corp tops revenue targets on political ad boom ahead of US election Read More »

(Reuters) – New orders for U.S.-manufactured goods fell for a second straight month in September, and business spending on equipment appears to have pulled back in the third quarter. Factory orders dropped 0.5% after a downwardly revised 0.8% decrease in August, the Commerce Department’s Census Bureau said on Monday. Economists polled by Reuters had forecast …

US factory orders fall a second straight month in September Read More »

By Milana Vinn, Kane Wu, David French and Andres Gonzalez NEW YORK/LONDON (Reuters) – With any other president, promises of less regulation and lower corporate taxes would have Wall Street’s deal machine salivating at the prospect of a feeding frenzy. Not so with a potential Donald Trump presidency. That’s because executives expect a Trump administration …

Analysis-For dealmakers, regulatory chaos would undercut Trump’s pro-business tilt Read More »

By Michelle Conlin NEW YORK (Reuters) – Trump Media’s roller-coaster share price has served as something of a proxy for Republican presidential candidate Donald Trump’s chances of election. Now traders are finally at their day of reckoning.  Traders and investors say the stock is at risk of extreme volatility after the result of Tuesday’s election …

Trump Media traders brace for volatility as US Election Day nears Read More »

(Reuters) -Southwest Airlines on Monday named aviation industry veteran Rakesh Gangwal as the independent chair to its board, days after the budget carrier settled its feud with activist investor Elliott. The airline brought in the co-founder of India’s largest carrier Indigo to its board in July despite criticism from Elliott Investment Management at the time. …

Southwest names aviation veteran Gangwal as board chairperson Read More »

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies to account. After a trio of Supreme Court rulings …

Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits Read More »