Apr 24 What a combined Paramount-Warner would mean for streaming, movies and news By Wyatte Grantham-Philips, Associated Press 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. Continue reading
Apr 24 U.S. launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator By Grant Peck, Associated Press U.S. officials have announced a sweeping crackdown on Southeast Asian cyberscam operations as part of what U.S. Attorney Jeanine Pirro characterized Friday as a “new theater of war” launched by the Trump administration against Chinese transnational organized crime. Continue reading
Apr 24 Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in U.S. By Matt O'Brien, Associated Press The memo arrives at a time when China is challenging U.S. dominance in artificial intelligence, an area where the White House says the U.S. must prevail to set global standards and reap economic and military benefits. Continue reading
Apr 24 Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh confirmation By Christopher Rugaber, Eric Tucker, Associated Press The decision ends an investigation, one of several undertaken by the Justice Department into President Donald Trump’s perceived adversaries, that for months had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct. Continue reading
Apr 23 Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant By Wyatte Grantham-Philips, Associated Press 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… Continue reading
Apr 22 Trump Media replaces Nunes as Truth Social CEO after stock plunge that wiped out billions By Bernard Condon, Associated Press The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth. Continue reading
Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee By Associated Press Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Continue reading
Apr 21 Approval of Trump on economy falls in new AP-NORC poll, as Iran war drives up prices By Josh Boak, Linley Sanders, Associated Press, Jesse Bedayn, Associated Press/ Report for America The findings from The Associated Press-NORC Center for Public Affairs Research show a president who is struggling with unfulfilled promises to tame inflation and testing Americans’ patience with a conflict in the Middle East that has dragged on longer than expected. Continue reading
Apr 21 Retail sales up a sharp 1.7% in March from February driven by a spike in gas prices due to the Iran war By Anne D'Innocenzio, Associated Press Excluding gas prices, the growth was a slim 0.6%, helped in part by government tax refunds and warm weather. Continue reading
Apr 21 WATCH: Kevin Warsh testifies in Senate Banking confirmation hearing for Fed chair By Christopher Rugaber, Associated Press President Donald Trump’s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so. Continue reading