Economy Apr 24 What a combined Paramount-Warner would mean for streaming, movies and news While the deal still faces regulatory review, the megamerger would vastly reshape Hollywood and the wider media landscape, further consolidating power in an industry already run by just a handful of major players.
Nation Apr 23 Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant HBO Max, cult-favorite titles like “Harry Potter” and even CNN could soon find themselves under the same roof with CBS, “Top Gun” and the Paramount+ streaming service. But the deal still faces ongoing regulatory reviews, including from the U.S. Department…
World Apr 19 Oil prices spike again following latest standoff in the Strait of Hormuz The ongoing conflict with the U.S. and Iran prevented tankers from passing through. The price of U.S. crude oil increased 6.4% to $87.88 per barrel after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international…
Economy Apr 16 What lagging jet fuel supplies could mean for airlines and travelers A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing again soon — meaning higher airfares and flight cancellations as the…
Economy Apr 12 Iran war puts prediction markets back in the spotlight Prediction markets let people wager on just about anything — from basketball games to elections. And among more jarring bets recently, the fate of the U.S. and Israel’s war against Iran.
Economy Mar 31 National average for gas tops $4 a gallon, the highest since 2022 According to motor club AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more than before the war began.
Nation Mar 23 Federal immigration agents deployed to Atlanta airport during partial shutdown Hundreds of thousands of Homeland Security workers, including from the TSA, U.S. Secret Service and Coast Guard, have worked without pay since Congress failed to renew DHS funding last month.
Politics Mar 18 What to know about the Jones Act as the Trump administration unveils a 60-day waiver Passed in 1920, this law aims to protect the American shipping sector — but it's also faced criticism over the years for slowing the delivery of goods, including critical aid during time of crisis.
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.