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Sony and Apollo send letter expressing interest in $26B Paramount buyout as company considers Skydance bid
Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring...
Read moreThe U.S. labor market is shifting toward skilled labor as white-collar hiring slows
America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers...
Read moreSkydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder...
Read moreJohnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the...
Read moreJohnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the...
Read moreGoogle lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams,...
Read morePeloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff...
Read moreDave & Buster’s to let players bet against each other on arcade games
Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on...
Read moreHome prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again....
Read moreFed chair Jerome Powell: No sign of stagflation in U.S. economy
Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains...
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Amazon workers worldwide set to protest on Black Friday weekend, union federation says
Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or...
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Retailers saw a dismal fall quarter. The election seems to be turning things around.
Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month’s presidential election,...
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Drone company’s stock soars after appointing Donald Trump Jr. to advisory board
Shares in a little-known drone company soared Wednesday after announcing that Donald Trump Jr. had joined its advisory board. Unusual...
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‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a...
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