Netflix to Show NFL's Two Christmas Day Games in 2024 

The streaming giant is paying about $75 million a game in what is the company's highest-profile live-sporting event

SharkNinja Wants to Take a Bite Out of New Markets 

The company, best known for its blenders and vacuums, is making a bigger push into beauty.

McDonald's Makes New Pitch to Inflation-Weary Eaters: A Meal for $5 

The fast-food chain and its franchisees agree to offer a monthlong promotion subsidized by Coca-Cola.

AMC's stock falls on news company to issue 23.3 million shares in debt swap 

Move, along with a recently completed at-the-market offering, should reduce net leverage for the indebted cinema operator by about 10%, says B. Riley analyst.

Petrobras CEO Jean Paul Prates Replaced by Former Govt Regulator Magda Chambriard 

Latin America's biggest oil producer Petrobras announced the exit of its CEO Jean Paul Prates, the fifth head of the company to be fired or quit in three years as the government battles for greater control over the group.

Billionaire Frank McCourt Plans Bid for TikTok in U.S. 

The real-estate mogul said he is organizing a bid to acquire platform, saying he will put users and data security at the center of its design and purpose.

EBay Boosts Investments in GPUs in Push to Harness AI 

The online marketplace is carving out more space in its capital expenditure budget to fund its push into generative artificial intelligence.

Royal Mail Owner IDS Would Recommend Improved EP Takeover Offer if Made Formal 

International Distribution Services said it received an improved $4.41 billion takeover proposal from Daniel Kretinsky's EP Corporate Group that it would be prepared to recommend to shareholders if a formal offer was made.

Google Regains AI Initiative by Playing to Its Strengths 

Adding generative AI to search and Android shows the tech giant's distribution muscle while lessening risk to key businesses.

Tesla Hits the Road to Persuade Shareholders to Pay Elon Musk $46 Billion 

Investors will vote on a 2018 pay package again after a judge threw it out.

(END) Dow Jones Newswires

05-15-24 1515ET