The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.
Industry
Paramount Confirms Departures of 4 Board Members Amid Skydance Merger Talks
According to an SEC filing, it has been confirmed that four Paramount Global directors will not seek re-election at the upcoming annual meeting. As a result, the board will be reduced to seven directors.
FTX Founder Sam Bankman-Fried Appeals $8 Billion Fraud Conviction, 25-Year Sentence
FTX Founder Sam Bankman-Fried faced conviction on seven charges of fraud and conspiracy due to misappropriating about $10 billion in customer funds.
New York's Legal Marijuana Industry Hits New High, Reaches Over 100 Licensed Shops Across Empire State
New York cannabis regulators are celebrating a significant milestone for reaching over 100 licensed stores across the state.
Apple Sends Out Threat Alerts, Warns iPhone Users in 92 Countries About Mercenary Spyware Attacks
Apple has alerted iPhone users in 92 countries that they may have been a target of mercenary spyware attacks.
Latest News
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
China Accused of Flooding Britain with Fake Royal Mail Stamps; Experts Term it as 'Economic Warfare'
The reports indicate that four Chinese suppliers are manufacturing counterfeit stamps at an alarming rate of up to one million per week.
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
With the increasing integration of generative artificial intelligence tools into the entertainment sector, a bill was endorsed to mandate AI companies to be more transparent.
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconductor chips.
The US Treasury Department has expressed concerns about the growing use of virtual currencies and other digital assets by terrorist groups unless Congress enacts new regulatory measures.
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.
Ripple CEO Brad Garlinghouse said the cryptocurrency market is poised for significant growth this year.
