Roughly $1.1 billion of the targeted cut would defund the Corporation for Public Broadcasting, the non-profit that supports NPR and PBS.

For the just-ended quarter, net income came in at $3.1 billion, edging forecasts of $3.06 billion. Revenue totaled $11.08 billion, above the $11.07 billion analyst projection.

Former Democratic National Committee Chairman Jaime Harrison on Thursday became the latest Democrat to launch a podcast as ...