Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods

LONDON — Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal products, the 27-nation bloc’s executive arm said on Thursday. The European Commission opened its investigation five months after adding Temu to the list of “very large online platforms” needing the strictest level of…

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Comcast (CMCSA) earnings Q3 2024

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.  Shares of Comcast gained 6% in premarket trading Thursday. Here is how Comcast performed, compared with estimates from analysts surveyed by LSEG: Earnings per share: $1.12 vs. $1.06 expected Revenue: $32.07 billion vs. $31.66 billion expected For…

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