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Paramount, Skydance Merger Negotiations Abandoned Due to Shareholder Dispute

Paramount, Skydance Merger Negotiations Abandoned Due to Shareholder Dispute

Paramount's merger talks with Skydance were abruptly ended by the controlling shareholder, National Amusements, just before the deal was finalized, citing unresolved "noneconomic terms" despite agreeing on financial aspects.


Intel Reportedly Postpones Development of $25 Billion Chip-Manufacturing Plant in Israel

Intel plans to slow its multibillion-dollar expenditures in worldwide facilities, delaying the completion of its $25 billion chip production unit in Israel.

Buc-ee’s Opens Doors at New Location in Texas — Its Biggest Store Ever!

The largest Buc-ee's store to date opened in Luling, Texas, which has 75,000 square feet of space and 120 gas pumps.

Apple Pay Soon to Offer Users ‘Buy Now, Pay Later’ Loans Through Affirm

Apple partners with Affirm for "buy now, pay later" loans. The Apple Pay logo is displayed in a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system on October 20, 2014 in San Francisco City.


Latest News

GameStop Raises More Than $2 Billion After 'Roaring Kitty' Stock Rally
GameStop has announced that it raised about $2.14 billion in its second share offering in a month. GameStop announced on Tuesday, June 11, that it raised about $2.
Waffle House Announces New Compensation Plan, Servers Could See Pay Raises
Waffle House is implementing a new compensation plan that includes pay raises for servers over the next three years.
gm
GM is lowering its estimated sales and manufacture of EVs this year as adoption in the US slows. A General Motors logo is shown at the General Motors Technical Center.
Chiquita Brands Ordered to Pay $38.3 Million for Funding Paramilitary Group in Colombia
Chiquita Brands has been ordered by a federal jury in Florida to pay $38.3 million to 16 family members of victims killed by a paramilitary group it funded during Colombia's civil war.
Two Texas Men Get More Than 3 Years in Prison for Conspiracy to Sell Iranian Oil to China
Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.
Surge of Chinese EVs in Australia Sparks Dumping Concerns, Up to 50 Brands Expected by 2030
The influx of Chinese electric vehicles into the Australian car market, potentially reaching up to 50 brands by 2030.
US Is Pursuing Nearly $200,000 USDT From Binance That Was Part of $1 Million Pig-Butchering Scam
The US government has filed a forfeiture complaint to reclaim nearly $200,000 of tether (USDT) from Binance, which was linked to pig-butchering scams that stole over $1 million.
Biden Administration Proposes Rule to Exclude Medical Debt from Most Credit Reports
The Biden administration has proposed a rule to exclude medical debt from most individual credit reports, aiming to protect over 15 million Americans from the negative impact of major health care bills on their borrowing capabilities.
Amazon Sued by Thousands of Delivery Drivers Over Unpaid Wages, Contractor Status
Thousands of Amazon delivery drivers are suing the company, claiming that being classified as independent contractors instead of employees has resulted in unpaid wages and financial hardships.
Apple Vision Pro to Be Available in Australia, Canada, UK, and More Beginning June 28
Apple has announced the expansion of its Apple Vision Pro to new countries and regions. Apple has announced the expansion of its Apple Vision Pro to new countries and regions.