Warner Bros. Discovery Inc. ( WBD ) gained more than 9% on Monday after announcing plans to split into two independent public companies by mid-2026—one focused on streaming and studios, and the other on global television networks. The stock gave up all the gains through Monday's trading session CEO David Zaslav will lead the streaming and studios unit, including HBO,...

Citius Pharmaceuticals, Inc. ( CTXR ) shares are trading higher Monday after the company announced it entered into a distribution services agreement with Cardinal Health. The Details: Cities entered into a distribution services agreement with Cardinal Health to help provide access to LYMPHIR (denileukin diftitox-cxdl), an FDA-approved immunotherapy for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma,...

NEW YORK, June 9 (Reuters) - A U.S. judge on Monday dismissed actor Justin Baldoni's $400 million defamation lawsuit against actress Blake Lively, who had accused Baldoni of sexually harassing her while filming the 2024 movie It Ends With Us. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...