03:09 PM EDT, 06/16/2025 (MT Newswires) -- EchoStar's ( SATS ) ongoing 5G network buildout review by the Federal Communications Commission that could lead to the potential sale of spectrum licenses is reportedly drawing pressure from the White House, UBS Securities said in a note emailed Monday. The company recently missed $500 million in interest payments and faces a default...

03:15 PM EDT, 06/16/2025 (MT Newswires) -- Starbucks' ( SBUX ) Back to Starbucks ( SBUX ) strategy should help improve US transactions and sales over time, though the company continues to face near-term traffic and sales pressure, UBS Securities said. A recent UBS consumer survey showed that while Starbucks ( SBUX ) maintains strong scores on brand attributes, including...

03:10 PM EDT, 06/16/2025 (MT Newswires) -- KULR Technology Group ( KULR ) said late Friday it will effect a 1-for-8 reverse stock split of its shares at trading start on June 23. The company said the reverse stock split will lower the number of its shares to under 40 million from about 300 million. Shares were down about 19%...

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,...