Breaking News: Business

• Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook - TechSony profit jumps 22% in December quarter, beating expectations and lifting full-year outlookPublished Wed, Feb 4 202610:31 PM ESTDylan Butts@in/dylan-b-7a4
• Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery - Uber said revenue in its food delivery business increased 30%, beating analysts' estimates.
• Streaming-only Super Bowl ads give small brands a shot at the Big Game - The Super Bowl beckons some of the most expensive ads every year, and brands are finding a cheaper option in the streaming-only option.
• Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance - Chipotle stock has fallen about 33% over the last year, dragging the company's market value down to about $51 billion.
• Disney names parks boss Josh D’Amaro as its next CEO to succeed Bob Iger, effective March 18 - Disney has named Josh D'Amaro, chairman of Disney Experiences, as its next CEO, succeeding Bob Iger and clinching a closely watched succession race at the Mouse House.
• Pfizer says obesity injection shows promise as monthly treatment in mid-stage trial - The data on Pfizer's GLP-1 offer early evidence that the injection can be administered less frequently than existing drugs without sacrificing efficacy.
• Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook - The pharmaceutical giant reaffirmed the modest 2026 outlook that rattled investors in December.
• Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms - Merck posted a modest 2026 outlook that fell short of estimates, as it prepares for some drugs to go off patent later this year and face generic competition.
• PepsiCo earnings beat estimates as drinks sales pick up around the world - PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street's estimates.
• New York AG issues warning around prediction markets ahead of Super Bowl - New York Attorney General Letitia James is cautioning all New Yorkers about placing trades on prediction markets ahead of the Super Bowl.