News Corp Revenue Rises on Real Estate and Publishing Growth

News Corp reported 3% revenue growth for the quarter that ended in March, driven by positive foreign-exchange fluctuations, plus solid growth at the company's digital real estate, book publishing and Dow Jones units.

 
Peloton Is No Nike

The company's shares have traded on a fantasy that might not stand the test of time.

 
Square crushes earnings expectations amid continued growth of Cash App

Square once again saw booming use of its Cash App ecosystem, helping the payments company easily exceed expectations for its first quarter.

 
AMC Says Moviegoers Are Returning

The theater chain said it drew nearly seven million customers in the first quarter and that most of its U.S. locations were in operation as of the end of April.

 
Bill.com Is Buying Divvy for $2.5 Billion

The boards of the two fintechs have approved the deal, which is expected to close by the end of Bill.com's first fiscal quarter ending Sept. 30.

 
Roku Reports Nearly 79% Jump in Revenue in Latest Quarter

The streaming-media service continued to see a boost from homebound customers consuming more entertainment content during the pandemic.

 
AIG's Profit Rises on Premium Growth, Investment Gains

The results mark a turnaround for the insurer's property-and-casualty unit, which had delivered poor results for years.

 
NBCUniversal Explores Streaming Its Sports Channels or Selling Them Off

Media giant has weighed options for its regional sports channels as the company tries to figure out a future for a business under increasing pressure.

 
The Athletic Halts Merger Talks With Axios, Eyes New York Times

The sports-media outlet is no longer in discussions with news publisher Axios, people familiar with the matter said, but it is still pursuing a tie-up deal and sees the Times as a top contender.

 
Walmart Deal Shows Expansion in Telehealth, New Front With Amazon

Walmart Inc. said it purchased telehealth provider MeMD, another sign that the retail giant aims to expand its healthcare business and open up a new front with Amazon.com Inc.

(END) Dow Jones Newswires

May 06, 2021 19:15 ET (23:15 GMT)

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