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Warner Bros Discovery (WBD.O) and its sports division, Turner Broadcasting System, filed a lawsuit on Friday against the National Basketball Association (NBA) in New York, challenging the league's refusal to accept its matching bid for media rights. The media company contends that the NBA's decision violates its agreement with Turner Broadcasting.
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Southwest Airlines plans to drop its tradition of more than 50 years and start assigning seats and selling premium seating for customers who want more legroom.
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AT&T recently announced a significant data breach that impacted a vast majority of its wireless customers. The telecommunications giant revealed that unauthorized parties gained access to files containing call and text message records, raising concerns about customer privacy and data security.
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Tesla CEO Elon Musk has announced that the electric car manufacturer will begin producing and using humanoid robots as early as next year. In a social media post, Musk revealed that these robots, named Optimus, will initially be deployed within Tesla's own operations, with plans to start selling them commercially by 2026.
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The International Energy Agency trimmed its forecasts Thursday as it said world oil demand growth continues to slow and consumption in China dipped.
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The founder of US investment firm Archegos, Bill Hwang, was found guilty Wednesday of fraud and market manipulation in a case focused on the fund's 2021 implosion that cost major banks billions of dollars.
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Photo Credit: Getty Images Warner Bros. Discovery said Tuesday it has reopened negotiations with...
