Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
Archives
IRS Set to Increase Audit Rates for Wealthy Taxpayers, Large Corporations, Business Partnerships
The audit rate for large corporations with assets exceeding $250 million is expected to almost triple, rising from 8.8% in 2019 to an estimated 22.6% by 2026.
Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration
The Affordable Connectivity Program's (ACP) funding is declining, leaving New Yorkers wondering how they will afford broadband internet in their homes.
Apple Surprises Market with Record $110 Billion Buyback Amid Higher-Than-Expected Q2 Results
Apple Inc. unveiled an unprecedented $110 billion buyback initiative, marking its largest buyback program to date.
Amgen Scraps Experimental Weight Loss Pill, Moves Forward With Injectable Drug in Development for Obesity
Amgen will discontinue its experimental weight loss pill and focus on developing injectable drugs and other obesity-related products.
Latest News
Nunes demands a GOP-led probe into short-selling by eight firms affecting DJT stock. DJT shares fluctuate; short sellers face steep costs, deterring professional managers.
David Cameron wants to continue Israel's arms sales despite the IDF airstrike incident. Here's why.
Baltimore Bridge's insurer, Chubb, is allegedly preparing a $350 million payout for the incident.
Even interns are not safe from Elon Musk's Tesla mass layoffs. Tesla interns blamed Elon Musk for ruining their summer plans. Previously, the billionaire shocked many people after announcing that he wanted to be "absolutely hardcore" in cost-cutting efforts, such as layoffs.
Philippine authorities charge a trading company for using $3.4M in fake receipts to evade taxes, reinforcing the crackdown on financial fraud.
Australian facial recognition firm Outabox suffered a major breach of personal data and biometrics, prompting legal investigations and calls for stricter regulations to protect biometric privacy.
The USDA announced a nationwide recall of over 16,000 pounds of ground beef sold at Walmart due to potential E. coli contamination. The beef originated from Cargill Meat Solutions in Hazleton, Pennsylvania.
Mayer Brown wants to end its 15-year partnership with China. But why? Mayer Brown wants to end its partnership with China. This was confirmed after the Chicago-based law firm announced reaching an agreement in principle to split from its operations in the Asian country.
Peloton undergoes leadership change with CEO Barry McCarthy stepping down, accompanied by layoffs of 15% of staff, following disappointing fiscal third-quarter results.
