Channels business news today
Here are some of the top business news stories from various channels today:
CNBC
- Stocks rise as investors await Fed decision: The Dow Jones Industrial Average and S&P 500 rose on Tuesday, with investors awaiting the Federal Reserve's decision on interest rates later in the day.
- Amazon to acquire MGM Studios for $8.45 billion: Amazon has agreed to acquire MGM Studios, the owner of the James Bond film franchise, for $8.45 billion in cash.
- Tesla's Elon Musk says company is 'on track' to meet Q2 delivery targets: Tesla CEO Elon Musk said the company is on track to meet its Q2 delivery targets, despite concerns about the impact of the COVID-19 pandemic on the auto industry.
Bloomberg
- Global economy faces 'perfect storm' of challenges: The global economy is facing a "perfect storm" of challenges, including the COVID-19 pandemic, trade tensions, and climate change, according to a report by the International Monetary Fund.
- Goldman Sachs to pay $3.2 billion to settle 1MDB scandal: Goldman Sachs has agreed to pay $3.2 billion to settle allegations that it helped embezzle billions of dollars from Malaysia's 1MDB state investment fund.
- China's economy grows 7.9% in Q2, beating expectations: China's economy grew 7.9% in the second quarter, beating expectations and showing signs of recovery from the COVID-19 pandemic.
Fox Business
- Fed expected to keep interest rates unchanged: The Federal Reserve is expected to keep interest rates unchanged at its policy meeting later today, as the economy continues to recover from the COVID-19 pandemic.
- Walmart to raise minimum wage for U.S. employees: Walmart has announced that it will raise the minimum wage for its U.S. employees to $12 per hour, effective in July.
- Apple to launch new iPhone 13 series in September: Apple is expected to launch its new iPhone 13 series in September, with rumors suggesting that the new phones will feature improved cameras and faster processors.
The Wall Street Journal
- U.S. job openings rise to record high in May: The number of job openings in the U.S. rose to a record high in May, according to data from the Labor Department, as the economy continues to recover from the COVID-19 pandemic.
- Microsoft to acquire ZeniMax Media, owner of Bethesda Softworks: Microsoft has agreed to acquire ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion in cash.
- China's Alibaba Group to invest $2.3 billion in logistics company: Alibaba Group has agreed to invest $2.3 billion in a Chinese logistics company, as part of its efforts to expand its e-commerce business in the country.
These are just a few of the top business news stories from various channels today.