FOX shares surged Tuesday after the media giant reported better-than-expected quarterly results and announced on its earnings call that it plans to launch a streaming service by the end of the year.

Warner Bros. Discovery has named Ryan Gould and Robert “Bobby” Voltaggio Presidents of U.S. Advertising Sales.

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul appeals court on Monday, in a ruling that could remove long-running legal risks that ...