Reuters US Business

Cloudflare restores services after minor dashboard outage

Dec 5 (Reuters) – Cloudflare has restored impacted software services after a minor outage on Friday hampered access to crypto trading exchange Coinbase and Anthropic’s artificial intelligence chatbot Claude AI. The web-infrastructure company’s shares fell as much as 4.5% in premarket trading, as the disruption came less than a month after a widespread outage prevented …

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Netflix in exclusive talks to buy Warner Bros Discovery assets, source says

By Milana Vinn Dec 4 (Reuters) – Netflix is in exclusive talks to buy Warner Bros Discovery’s film and television studios along with its streaming assets after offering $28 per share, a source with direct knowledge of the matter said. The parent of HBO, which has been exploring strategic options, received a second round of …

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The US-Venezuela relationship as seen through the price of an oil-linked bond

By Rodrigo Campos NEW YORK, Dec 5 (Reuters) – The ramp-up of U.S. pressure on Venezuelan President Nicolas Maduro’s government is bringing fresh attention to the nation’s defaulted bonds, including those of the state oil company Petroleos de Venezuela, known as PDVSA.  Venezuela defaulted on its debt in 2017 but PDVSA continued to pay holders …

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US FAA picks Peraton to oversee air traffic control reform

By David Shepardson WASHINGTON, Dec 4 (Reuters) – The Federal Aviation Administration said on Thursday it has picked Peraton, a national security company owned by Veritas Capital, as the project manager of a $12.5-billion effort to overhaul the aging U.S. air traffic control system. The selection comes after Congress approved a $12.5-billion plan in July …

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Netflix enters exclusive talks to acquire Warner Bros Discovery studio and streaming service, Bloomberg News reporter says

(Corrects spelling of acquire in paragraph 1) Dec 4 (Reuters) – Netflix has entered exclusive talks with Warner Bros Discovery to acquire its studio and streaming service, a Bloomberg News reporter said in a post on X. Netflix has emerged as the top bidder for Warner Bros Discovery, Reuters reported on Thursday, raising the stakes …

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Film producers lobby Congress against Netflix-Warner Bros Discovery acquisition, Variety reports

Dec 4 (Reuters) – A consortium of leading film industry figures has urged the U.S. Congress to intervene, warning of a looming economic and institutional crisis in Hollywood if Netflix succeeds in acquiring Warner Bros Discovery, Variety reported on Thursday. Reuters could not independently verify the report. Comcast declined to comment. Netflix, Warner Bros Discovery …

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RBA to hold in December, outlook shifts to long hold through 2026- Reuters poll

By Devayani Sathyan BENGALURU, Dec 5 (Reuters) – The Reserve Bank of Australia will hold its cash rate at 3.60% on Tuesday and keep it there through 2026, according to a Reuters poll, a shift from last month when a majority of economists expected at least one rate cut next year. After lifting rates to …

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Indexes end near flat, supported by Fed hopes but dragged by Amazon

By Chuck Mikolajczak Dec 4 (Reuters) – U.S. stocks closed near the unchanged mark on Thursday, as investors weighed a report on the labor market and other economic data, while equities drew support from elevated hopes for a Federal Reserve interest-rate cut next week. A 1.4% drop in Amazon.com shares weighed on the S&P 500, …

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