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Disney settles lawsuit with fired ‘Mandalorian’ actress Gina Carano

By Lisa Richwine LOS ANGELES (Reuters) -Walt Disney has resolved a legal dispute with actor Gina Carano over her firing from the “Star Wars” streaming TV series “The Mandalorian,” a spokesperson for Disney unit Lucasfilm said on Thursday. Disney removed Carano from “The Mandalorian” in 2021 over social media posts that the company at the …

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Trump targets banks with order barring discriminatory ‘debanking’

By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) -U.S. President Donald Trump stepped up pressure on large banks and their regulators on Thursday, signing an executive order requiring the banking industry to ensure it is not refusing financial services to anyone based on political or religious beliefs, a practice frequently described as “debanking.” The order …

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Trump signs order broadening access for alternative assets in 401(k)s

By Isla Binnie and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Thursday that aimed to allow more private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts – opening the way for alternative asset managers to tap a greater share of trillions of dollars in Americans’ …

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Wynn misses quarterly estimates on weak Macau business 

(Reuters) -Casino operator Wynn Resorts missed second-quarter profit expectations on Thursday, owing to sluggish Macau business. Shares of the company were down 2% in extended trading.  The operator of Wynn Palace and Wynn Macau properties, saw a 9.5% fall in adjusted property operating profit from its Macau operations at $253 million, compared to $280 million …

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Jack in the Box CEO says Hispanic consumers pulling back spending over ‘uncertainty’

By Waylon Cunningham (Reuters) -Hispanic consumers in Jack in the Box’s core markets “face uncertainty and have pulled back their spending,” with the issue having an outsized impact on the U.S. fast-food chain’s sales, its CEO said. Same-store sales for Jack in the Box declined 7.1% in the third quarter ended July 6. The company …

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Trump administration will end $7 billion solar energy grant program

(Reuters) -The U.S. Environmental Protection Agency will end a $7 billion Biden-era grant program that sought to expand solar energy to low-income communities, Administrator Lee Zeldin said in a post on X on Thursday. “EPA no longer has the authority to administer the program or the appropriated funds to keep this boondoggle alive,” Zeldin said …

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Motorola Solutions raises annual revenue forecast on steady demand

(Reuters) -Safety and enterprise security services provider Motorola Solutions raised annual revenue forecast on Thursday, driven by robust demand for its safety and security solutions. Government agencies and businesses have been making efforts to strengthen their security and communication infrastructure, aiming to prevent disruptions to operations caused by cyberattacks, benefiting Motorola.  The verticals that drive …

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Citigroup hires JPMorgan’s Baygual as co-head of M&A, memo shows

(Reuters) -Citigroup has appointed JPMorgan Chase’s Guillermo Baygual as co-head of mergers and acquisitions, according to an internal memo seen by Reuters on Thursday, as the U.S. bank seeks to grow its share of the lucrative dealmaking business. Baygual, who has spent over 25 years at JPMorgan, most recently served as the global co-head of …

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Take-Two lifts annual bookings forecast on ‘Mafia’, ‘Borderlands’ launches

By Zaheer Kachwala (Reuters) -Take-Two Interactive raised its annual bookings forecast on Thursday, betting on strong demand for its new “Mafia” and “Borderlands” titles, sending its shares up 5% in extended trading. The firm stuck to the May 26 launch date for its highly awaited “Grand Theft Auto VI,” which is expected to generate billions …

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Gilead posts flat second quarter profit, ups full-year outlook on strong HIV sales

By Deena Beasley (Reuters) -Gilead Sciences on Thursday reported flat second-quarter earnings on slightly higher revenue and raised its full-year financial outlook, citing better-than-expected sales of HIV drugs. Shares of the California-based biotech company, which closed at $100.28 in regular Nasdaq trading, were up nearly 3% at $113.28 after hours. Gilead’s adjusted earnings per share …

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