Paramount+ plans a price hike and $3B in cost cuts as Ellison drives growth at Skydance.
Industry
Starbucks Reports Minimal Impact as Thousands of Baristas Begin Strike Action
Starbucks says its stores saw minimal disruption as thousands of union baristas launched a nationwide strike on Red Cup Day.
Disney Channels Remain Blocked on YouTube TV, Causing $30 Million Weekly Revenue Loss
Disney loses $30 million weekly as YouTube TV blackout of ABC and ESPN continues amid contract dispute.
Toyota Pledges $10 Billion Investment in American Factories, Boosting EV Production
Toyota to invest $10 billion in U.S. factories, boosting EV and hybrid production and creating thousands of jobs.
Morgan Stanley Rings the Alarm on Bitcoin's Fall—Could the Crash Get Worse?
Morgan Stanley warns Bitcoin's decline may continue as major tokens fall and retail sentiment turns bearish during a volatile week for crypto markets.
Latest News
The FDA and CDC are investigating ByHeart baby formula after 15 infants in 12 states were sickened with botulism, prompting a nationwide recall.
Warren Buffett writes his final Berkshire Hathaway letter, confirming Greg Abel will take over as CEO while reflecting on his legacy and offering timeless advice.
Costco recalls nearly 940,000 Kirkland Prosecco bottles across 12 states due to shattering and laceration risks.
Tesla confirms it will be the first commercial user of its all-electric Semi truck in 2026, ahead of deliveries to major logistics partners.
Grab plans robobus roll-outs and says drivers could up-skill into remote safety, data-labelling, and hardware roles; the company raised guidance amid Q3 strength.
Wendy's to close up to 350 US restaurants after poor sales and 'consistently underperforming' stores trigger a major shake-up across the chain.
Meta reportedly profits billions from scam ads, yet loopholes let repeat offenders thrive. This is a growing concern about user safety and oversight.
US airlines face widespread flight cancellations as the Trump administration orders reductions amid a government shutdown.
Trump launches "TrumpRx" program to cut prices of Wegovy and Zepbound, making weight-loss drugs more affordable for Americans.
