Time Warner Inc (TWX.N), which is being bought by AT&T (T.N), reported a better-than-expected quarterly profit, helped by the success of its movies "Kong: Skull Island" and "The LEGO Batman Movie" in the first quarter. - From Reuters
Like other media companies, Time Warner has also been struggling to keep its viewers hooked to its channels, at a time when most audience are flocking to online streaming services such as Netflix Inc (NFLX.O) and Amazon.com Inc's (AMZN.O) Prime.
As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, from Warren Buffett.
Apple Inc reported a surprise fall in iPhone sales for its second quarter on Tuesday, indicating that customers may have held back purchases in anticipation of the 10th-anniversary edition of the company's most important product later this year.
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