NEW YORK (AP) — Warner Bros. is telling company shareholders that it believes a $72 billion takeover offer from Netflix is superior and to reject a hostile takeover offer from Paramount Skydance. Paramount became hostile to its offer last week, asking shareholders to reject the Netflix deal favored by the Warner Bros. board. Paramount is…
The UFC’s historic one-off event at the White House is still six months away, and while the fight schedule remains a mystery, key details are finally starting to take shape. With the president of the United States donald trump promote the card as potentially featuring “eight or nine” title fights, and the CEO of the…
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – Stock market investors are bracing for a turbulent end to the year brought on by uncertainty over the Federal Reserve’s short-term interest rate cuts and growing concerns that artificial intelligence companies, which have driven the market to new records this year, are overvalued. The…
President Donald Trump, through his policies and social media platforms, has great influence over the stock market. And his latest attack on the country’s health insurers is worthy of attention. Trump’s Nov. 18 Truth Social post sharply criticized “big, fat, rich insurance companies” and the Affordable Care Act subsidies they receive. Trump has always wanted…
President Donald Trump says he has no idea who the money-laundering crypto billionaire he pardoned really is. Last month, Trump pardoned Binance founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering violations that allowed criminal groups to move money related to drug trafficking and child abuse. The pardon came just months after Binance, a…
By Manya Saini (Reuters) -Coinbase’s first-mover advantage as the only publicly traded crypto exchange helped it beat earnings estimates again, but competition looms from clearer rules and newly listed companies, Wall Street analysts said on Friday. The global cryptocurrency market has surged to $3.7 trillion as institutional and retail investors pour money into digital assets….
WASHINGTON (AP) — Lawyers for former FBI Director James Comey want to review a transcript and audio recording of the grand jury proceedings in his criminal case, citing what they say were “irregularities” in the process that should result in the dismissal of an indictment pushed by President Donald Trump. The request is one of…
WASHINGTON (AP) — Some senators know it. House Speaker Mike Johnson knows this. And with President Donald Trump back in Washington after his trip abroad, perhaps the White House knows it too. For many, it is time for the government shutdown to end. From coast to coast, the consequences of the dysfunction of a closed…
By Ahmad Ghaddar LONDON (Reuters) – Oil prices stabilized on Wednesday as investors weighed optimism about a meeting between the leaders of major consumers the United States and China against an expected increase in production quotas at the next OPEC+ meeting. Brent crude futures were up 11 cents, or 0.2%, at $64.51 a barrel by…
The White House has fired all six members of the Commission on Fine Arts, an independent federal agency tasked with advising the president, Congress and the city of Washington, D.C., on “matters of design and aesthetics,” according to a source familiar with the matter. The firings came via email from an adviser to the Office…
