Paramount, Skydance merger deal ends Redstone era
The Paramount-Skydance deal came together after months of talks that appeared to have derailed when Redstone abruptly called off negotiations on June 11.
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What's the right punishment for 'too big to fail' Boeing?
Boeing is one of the largest and most important companies in the US but is it too big to be held to account?
JPMorgan Chase CEO Jamie Dimon has to retire eventually. Meet 5 executives who might replace him
JPMorgan Chase CEO Jamie Dimon has held the top spot at the largest U.S. bank by assets for almost two decades, making him the longest-serving CEO on Wall Street today. Read more...
7 things American Airlines has to fix right now
American Airlines is facing a number of challenges right now. Business-class flyers are upset with it. Its flight attendants are inching closer to a strike. Its stock is down nearly 18% for the year. “Where we stand right now, we know we dug ourselves a hole,” CEO Robert Isom
15 of the worst car ads ever made
Remember when Lexus had artificial intelligence write an entire car commercial for them , and it was exactly as boring as everyone thought it would be ? This wasn’t during the recent (ridiculous) AI explosion , either, it was all the way back in 2018, using IBM’s Watson .
Steel talks for Starmer's first Wales visit as PM
New Labour government says a better deal is available, but warns fresher technology would cut jobs.
Hollywood icon Paramount agrees $28bn merger deal
The studio has made many hit films, including the Godfather, Star Trek, and Mission: Impossible series.
UK Amazon staff in protests over union recognition
The action coincides with a ballot to "force Amazon to recognise a union for the first time", GMB says.
Boeing to plead guilty to criminal fraud charge
Families of the people who died on the flights five years ago have criticised it as a "sweetheart deal".
Reeves to announce housebuilding targets
The new chancellor will speak to business leaders at the Treasury later to set out Labour's plan for the economy.
'I had to downgrade my life' - US workers in debt to buy groceries
Americans are taking loans to afford basic necessities - as groceries prices have surged by 25%.
Special committee of Paramount Global endorses plan to merge with Skydance Media, source says
Tech scion David Ellison moved one step closer to gaining control of Paramount Global, with a special committee voting Sunday to support a merger with his Skydance Media, a source close to the deal told Reuters.
WTO chief warns against global trade breakdown
The boss of the World Trade Organization warns the global economy is facing numerous challenges.
Big deal to bring Ikea to empty Midtown lot raises bigger questions
It’s major news that Sweden’s Ingka Investments, which owns most Ikea stores, formed a “strategic alliance” in Extell’s planned, one million square-foot mixed-use tower at 570 Fifth Ave.
Park Avenue office tower lures another tenant amid major upgrades
Tradeweb Markets signed for 76,000 square feet on two full floors at SL Green’s 245 Park.
NYC developer Michael Shvo’s spat with posh member’s-only Core Club takes ugly twist
As we reported on June 27, he faces a $600 million lawsuit by the Core Club for an alleged, "sinister" fraud scheme involving the club’s location at 711 Fifth Ave.
Sam’s Club members threaten to jump to Costco after wholesale giant chops key perk
Sam's Club Plus members threaten move to Costco as a result of changes taking place Aug. 19
Americans have bought more than 40,000 cars made in China so far this year
For years now automakers, politicians and car enthusiasts alike have been ranting about how Chinese automakers are coming to ruin our country and the auto industry as a whole. While we have yet to see any Chinese companies enter the U.S. market and start selling cars here, a
Why so speedy? How sailboats can travel faster than wind
Sailboats have been the go-to way of getting around for many people for thousands of years. The craft are pretty simple, with a hull offering space for the captain, their passengers or cargo, and a sail at the center catching the wind’s power and moving you forward. But have
The 25 safest cars right now
To win a Top Safety Pick+ award from the Insurance Institute for Highway Safety , cars must not only pass a litany of tests designed to emulate real-world crash scenarios , but offer exemplary performance in the full spectrum of crash tests. These include earning the IIHS ’
