Stocks in the U.S. Communications Services unchanged at close, as the sector benefits from renewed bullishness around tech and AI.
The U.K. could intervene in Paramount Skydance's $81 billion takeover of Warner Bros Discovery, the country's culture and media secretary said on Tuesday.
Australia's consumer watchdog is suing Amazon.com, alleging that the U.S. retailer relied on unfair contract terms to introduce advertising to more than 850,000 local streaming customers.
Primary Wave Music, a music publisher that acquires and markets the catalogs of artists including Stevie Nicks and Prince, has partnered with writer and entrepreneur Richard Hurowitz for a new venture to buy the rights to major authors' old books. They are betting they can unearth new revenue by presenting past titles for the #BookTok era.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
