WASHINGTON, March 31 (Reuters) - Three House of Representatives Democratic lawmakers on Monday opened a probe into a series of investigations launched by Federal Communications Commission chair Brendan Carr into media outlets including CBS, NBC and ABC. Representative Frank Pallone, the top Democrat on the Energy and Commerce Committee, said Carr, who was named as chair by President Donald Trump,...

03:27 PM EDT, 03/31/2025 (MT Newswires) -- Microsoft (MSFT) and Qatar Investment Authority-backed Builder.ai lowered sales figures it shared with investors and hired auditors to investigate accounts for 2023 and 2024 after concerns around sales discrepancies, Bloomberg reported Monday, citing former employees. The employees of the London-based artificial intelligence startup raised concerns of potential inflated sales, according to Bloomberg. According...

Whales with a lot of money to spend have taken a noticeably bearish stance on Marvell Tech ( MRVL ). Looking at options history for Marvell Tech ( MRVL ) we detected 52 trades. If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 48% with...

(Reuters) - Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM). Defense companies are seeing a surge in weaponry demand, driven by conflicts across the globe. The Pentagon has been prioritizing purchases of the PrSM, which is to replace the Army Tactical Missile (ATACM). PrSM...