WASHINGTON (Reuters Breakingviews) – Amazon.com would combine a few moves in its potential $9 billion MGM Holdings deal. Jeff Bezos’s firm may pay a huge premium for the co-owner of the James Bond franchise, despite the risk that it could get caught …
See Original Article

… as it showed once again how well the ETF can handle pressure thanks to their fungibility,” said Eric Balchunas, Bloomberg Intelligence ETF analyst.
See Original Article

Lordstown Motors Corp. shares tumbled after the electric-vehicle company cut its full-year production expectations for its Endurance pickup truck and said it will need outside capital. Shares fell 7.4%, trimming some of their earlier losses but leaving the stock …
See Original Article

It’s the first price hike from the streaming service since it launched in 2017. In a blog post, Philo CEO Andrew McCollum cited fees paid to content partners as a reason for the price increase.
See Original Article

(Reuters) -BlackRock, Exxon Mobil Corp’s second largest shareholder, is backing several of upstart hedge fund Engine No. 1’s candidates to join the company’s board, in a blow to the energy giant, according to people familiar with the matter. Slideshow ( 2 …
See Original Article