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FCC opens probe into Comcast relationships with local TV affiliates
By David Shepardson WASHINGTON, July 30 (Reuters) - The chair of the Federal Communications Commission is opening a probe into NBC-parent Comcast’s CMCSA.O relationships with its local broadcast TV affiliates, the latest in a series of investigations into major U.S. broadcasters.FCC Chair Brenda...Reuters
Wed, Jul 30
Stocks
Palo Alto's $25 billion deal for CyberArk targets rising AI-driven threats
Inks biggest deal to build out identify security businessGrowing AI threats boost interest, consolidation Palo Alto shares fall 8% on integration concerns By Kritika Lamba and Aditya Soni July 30 (Reuters) - Palo Alto Networks PANW.O will buy Israeli peer CyberArk Software CYBG.F for about $25 bi...Reuters
Wed, Jul 30
Other
ITA Airways business plan targets long-haul growth, deeper Lufthansa ties
ROME, July 30 (Reuters) - The board of ITA Airways has approved a 2026-2030 business plan focused on long-haul expansion, fleet renewal, and closer integration with shareholder Lufthansa LHAG.DE, it said in a statement on Wednesday.The Italian carrier, majority-owned by the government and 41% by Luf...Reuters
Wed, Jul 30
Commodities
US jet fuel demand hits highest since December 2017, EIA says
NEW YORK, July 30 (Reuters) - U.S. jet fuel demand rose by 411,000 barrels per day (bpd) in the week ended July 25 to nearly 2.1 million bpd, its highest since December 2017, data from the Energy Information Administration showed on Wednesday. The four-week average demand for jet fuel was up 90,0...Reuters
Wed, Jul 30
Stocks
Adidas may hike prices, warns of US consumer hit from tariffs
Adidas expects 200 mln euros hit from tariffs in second halfHolds back from guidance upgrade, citing uncertaintyAdidas may hike U.S. prices on newly launched productsShares down 11%By Linda Pasquini and Helen Reid LONDON, July 30(Reuters) - Sportswear brand Adidas ADSGn.DE warned on Wednesday tha...Reuters
Wed, Jul 30
Other
Apollo Global Management Is Close To Snapping Up A Stake In Motor Fuel Group; Deal Valuing It About 7 Billion Pounds - Sky News
July 30 (Reuters) - APOLLO GLOBAL MANAGEMENT IS CLOSE TO SNAPPING UP A STAKE IN MOTOR FUEL GROUP (MFG), IN A DEAL VALUING IT ABOUT £7BN - SKY NEWSSTAKE OF ROUGHLY 25-30% IN MFG EXPECTED TO CHANGE HANDS DURING THE PROCESS, WITH APOLLO'S INVESTMENT SAID TO BE BROADLY IN THAT RANGE- SKY NEWSSource ...Reuters
Wed, Jul 30
Stocks
Humana bucks industry gloom as insurer keeps handle on medical costs
Humana says medical costs in line with expectationsSays reduced benefits in plans more significantly than othersShares rise 6%By Sriparna Roy and Sneha S K July 30 (Reuters) - Humana HUM.N raised its annual profit forecast after beating quarterly estimates on Wednesday, as the U.S. health insur...Reuters
Wed, Jul 30
Other
REFILE-US Justice Department drops bid to block corporate travel company merger
July 29 (Reuters) - The U.S. Department of Justice dropped its bid to block American Express Global Business Travel's acquisition of CWT Holdings, according to court records entered in New York on Tuesday.The U.S. sued in January, before President Donald Trump took office, to block the proposed ...Reuters
Wed, Jul 30
Stocks
EMERGING MARKETS-LATAM FX lower as dollar gains and rate decisions in focus
Interest rate decisions in US, Brazil Mexico's economy grows 0.7% in second quarterUS imposes 25% tariff on IndiaMSCI Latam forex down 0.2%, stocks lose 0.4% By Ankita Yadav and Purvi Agarwal July 30 (Reuters) - Most Latin American currencies slid on Wednesday, while stocks were mixed after U...Reuters
Wed, Jul 30
Other
PREVIEW-Apple earnings under pressure from tariffs, slow AI roll-out
China's smartphone market shows fragile recovery for AppleApple's AI strategy lags, potential partnerships could accelerate progressApple's revenue expected to rise 4.2% in fiscal Q3By Akash Sriram and Zaheer Kachwala July 30 (Reuters) - Long seen as the safest Big Tech bet, Apple AAP...Reuters
Wed, Jul 30
Cryptocurrencies
Apple faces pressure, stock plummets as Apple Intelligence upgrade stalls
Wall Street is losing patience with Apple. While other tech giants are racing into artificial intelligence and showing off data centers packed with Nvidia chips, Apple hasn’t said much. That silence is starting to cause real concern. Investors want details. They’re not getting any. As of Tuesday, Apple stock had fallen more than 15% in […]Cryptopolitan
Wed, Jul 30
Other
KKR raises $6.5 billion for asset-backed financing
July 30 (Reuters) - Investment giant KKR KKR.N said on Wednesday it had raised $6.5 billion to provide asset-backed financing, as companies and investors seek out credit alternatives beyond traditional loans.Asset-backed financing refers to loans backed by assets such as mortgages or royalties that ...Reuters
Wed, Jul 30
Stocks
Palo Alto falls on $25 bln CyberArk deal
** Shares of Palo Alto Networks PANW.O fall 5.9% to $182.45, a two-mth low, on Weds after CyberArk Software CYBR.O tie-up announced** PANW to buy Israeli-peer CYBR in about $25 bln cash-and-stock deal to tackle AI-era threats** CYBR investors will receive $45 in cash and 2.2005 shares of PANW for ea...Reuters
Wed, Jul 30
Stocks
Harley-Davidson sells $5 bln loan portfolio; tariff headwinds persist
Shares rise over 20%N. American Q2 sales fall 17%, Asia-Pacific drop 21%Company confirms launch of affordable "Sprint" modelBy Nathan Gomes July 30 (Reuters) - Harley-Davidson's HOG.N shares jumped more than 20% on Wednesday after it announced a sale of loans worth over $5 billion...Reuters
Wed, Jul 30
