Politics Feb 24 FedEx joins other U.S. companies, seeks a full refund after Trump tariffs are ruled illegal FedEx said in a filing with the U.S. Court of International Trade that they have "suffered injury" from having to pay the tariffs…
Economy Feb 17 Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix Warner Bros. Discovery is briefly reopening takeover talks with Skydance-owned Paramount to hear the company's “best and final” offer, while the Hollywood giant continues to back the studio and streaming deal it struck with Netflix.
Nation Feb 17 Thomas Pritzker steps down from Hyatt board, saying he deeply regrets association with Epstein “I exercised terrible judgment in maintaining contact with them, and there is no excuse for failing to distance myself sooner,” Pritzker said in a statement…
Nation Feb 03 Disney names parks head Josh D'Amaro to succeed Bob Iger as CEO Only two years after stepping down as CEO, Iger returned to Disney in 2022 after a period of clashes, missteps and a weakening financial performance under his hand-picked successor, Bob Chapek.
Economy Jan 07 Warner Bros rejects Paramount bid again, tells shareholders to support Netflix offer Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures — and urged shareholders just weeks ago to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9…
Nation Dec 08 Paramount offers Warner Bros. shareholders $74.4 billion for the company, challenging Netflix's deal Paramount said that it is going straight to Warner Bros. shareholders with a bid worth about $74.4 billion, or $30 per share in cash.
Nation Nov 18 Cloudflare outage impacts thousands, disrupting transit systems, ChatGPT, X and more At 10:40 a.m. EST, Cloudflare said its engineers were still mitigating some lingering issues after they posted a fix for the outage, but that they were continuing to monitor for any further problems.
Economy Nov 03 Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing.
Economy Oct 28 Amazon to lay off 14,000 corporate employees as spending on artificial intelligence accelerates The cuts announced Tuesday amount to about a 4% reduction in its corporate workforce.
Nation Oct 14 GM takes $1.6 billion hit as incentives for EVs slashed and emission rules eased General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. S…