TKO, the merged UFC-WWE, aspires to grow beyond fighting

Ultimate Fighting Championship and World Wrestling Entertainment executives decided to name their new publicly traded company TKO to honor the companies' expertise in fighting, but they have broader aspirations than just owning combat sports.TKO began trading on the New York Stock Exchange on Tuesday, culminating a merger of two...

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Oracle stock poised for steepest drop since 2002 on weak forecast

Oracle chief technology officer Larry Ellison speaks at a company event in Redwood Shores, Calif., on Aug. 7, 2018.Oracle livestream screenshotOracle shares plummeted more than 12% on Tuesday and headed for their worst day in over two decades after the software maker reported disappointing revenue and issued weaker-than-expected guidance.The...

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Decongestant phenylephrine doesn’t work, FDA advisors say

A combination package of Procter & Gamble Co. DayQuil Severe and NyQuil Severe brand cold and flu medicine is arranged for a photograph in Tiskilwa, Illinois.Daniel Acker | Bloomberg | Getty ImagesThe main ingredient used in many popular over-the-counter cold and allergy medications doesn't actually work to get rid...

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ORCL, WRK, AAPL, AAP and more

Traders work on the floor of the New York Stock Exchange, July 12, 2023.Brendan Mcdermid | ReutersCheck out the companies making headlines in midday trading.Oracle — Shares dipped more than 12% a day after the software company posted disappointing earnings and revenue guidance for its fiscal second quarter. Oracle's revenue, which...

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Wall Street sees potential upsides of UAW auto strikes

United Auto Workers members on strike picket outside General Motors' Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019.Michael Wayland / CNBCDETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable – even seeing investment opportunities.Some believe potential strikes are...

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The latest in financial #AdvisorTech — September 2023

The September 2023 issue of the latest in financial #AdvisorTech kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the “Yelp for Advisors.” On the one hand, that...

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