Economy Feb 26 Netflix walks away from Warner Bros deal, clearing path for Paramount takeover On Thursday, after Warner’s board announced that Skydance-owned Paramount’s offer was superior to the agreement it had previously struck with Netflix, the streaming giant said the new price it would have to pay to acquire Warner would make the deal…
Economy Feb 24 Paramount has raised its takeover offer to $31 per share, Warner Bros. says Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the Hollywood giant.
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.
Economy Jan 12 Former Trump adviser Dina Powell McCormick named Meta president and vice chairman Powell McCormick previously served on Meta's board of directors — where, the company notes, she was “deeply engaged” in accelerating its artificial intelligence push across platforms.
Nation Jan 12 A $400,000 payout after Maduro's capture put prediction markets in the spotlight. Here's how they work The commercial use of prediction markets has skyrocketed in recent years, opening the door for people to wage their money on the likelihood of a growing list of future events. But despite some eye-catching windfalls, traders still lose money everyday.
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…
Politics Dec 31 These Trump tariff threats never materialized in 2025 President Donald Trump made a lot of tariff threats and trade promises this year. Many materialized into a barrage of new import taxes that overturned decades of U.S. economic policy — but others have yet to be fulfilled as 2025…
Economy Dec 23 U.S. drivers are seeing lower gas prices this holiday season, according to AAA The national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its lowest level of about $2.85 a gallon on Monday.
Arts Dec 17 Warner Bros asks investors to reject takeover bid by Paramount Skydance Paramount went hostile with its bid last week, asking shareholders to reject the deal with Netflix favored by the board of Warner Bros.
Economy Dec 01 Despite economic uncertainty, Cyber Monday could break spending records Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones on Cyber Monday.