NBCUniversal says abortion laws would ‘strongly impact’ decision on where it films
Comcast Corp’s NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would “strongly impact” where it produces films and television shows in the future.
GE’s CEO ‘stunned’ that factory efficiency drive only just started
(This May 30 story corrects to say GE is cutting power unit headquarters costs 20% and GE plans to cut another $800 mln in power divison costs, not $1.6 bln in the 6th and last paragraph respectively.)
Oil falls to two-mth lows on small U.S. crude stock draw, trade war worries
Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war.
Juul considers opening retail stores in United States: source
Juul Labs Inc is considering opening retail stores in the United States, a source familiar with the matter said on Thursday, a move that would help the controversial company cash in on the booming popularity of its e-cigarettes.
WarnerMedia joins Disney, Netflix in reconsidering Georgia business over abortion law
WarnerMedia on Thursday became the third major U.S. media company to say it would reconsider working in Georgia if a new law banning abortions after a fetal heartbeat can be detected takes effect, following Walt Disney Co and Netflix.
T-Mobile, Sprint considering divesting wireless spectrum: sources
U.S. wireless carriers T-Mobile US Inc and Sprint Corp are considering divesting wireless spectrum, according to two sources familiar with the matter, as the companies work to gain regulatory approval for their merger.
General Electric CEO says some efficiency efforts are just beginning
General Electric Co affirmed on Thursday that it expects negative free cash flow in the second quarter, and said its power unit plans to cut headquarters costs by about 20% over the next two years as it tries to become leaner.
Oil falls 3% on small U.S. crude stock draw, trade war worries
Oil prices fell over 3% to their lowest in two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war.
Wall St steadies after trade tension-driven selloff
U.S. stocks inched higher for the first time this week on Thursday, as President Donald Trump said trade talks with China were going well, offering a glimmer of hope to markets roiled by worries that a protracted dispute would slow global growth.
Disney CEO says it will be ‘difficult’ to film in Georgia if abortion law takes effect
Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state.
