As the media firm looks for ways to cut costs and increase earnings this year, Paramount Global is reportedly laying off approximately 800 employees, or about 3% of its workforce.
Legal & Regulatory
Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit
Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
Hunter Biden's Ex-Associate Says Joe Biden Is Involved in Family's Foreign Business Dealings and Has 'Receipts' to Prove It
A former business partner of Hunter Biden said during closed-door testimony on Tuesday before the House Oversight and Judiciary committees that he "has the receipts" to prove President Joe Biden's involvement in his family's business dealings.
Latest News
Bitcoin money launderer Ian Freeman has been ordered to pay over $3.5 million in restitution to 29 primarily elderly victims.
Tech billionaire Elon Musk has doubted Ukraine's ability to win its war with Russia as he believes that Russian President Vladimir Putin would not lose the battle.
Thousands of Uber, Lyft, and DoorDash drivers are gearing up for a nationwide strike on Valentine's Day to demand fair pay.
Genetic testing and biotechnology company 23andMe is facing numerous challenges, including more than 30 lawsuits.
A federal judge in California has ordered tech billionaire Elon Musk to testify again in the US Securities and Exchange Commission's (SEC) investigation of his $44 billion takeover of Twitter.
Amazon founder Jeff Bezos has disclosed his sale of nearly 12 million shares of the company's stock, amounting to a massive value of over $2 billion.
The Biden administration has acknowledged that terms such as "MAGA," "Trump," and "Kamala" were among those flagged for scrutiny in the government's call for banks to monitor private financial transactions after the US Capitol attack.
Chinese e-commerce platform Temu is making a comeback to the Super Bowl advertising arena, stirring up controversy among US lawmakers who urged Paramount Global and CBS not to air its commercial.
A Republican lawmaker has called for the 25th Amendment to be invoked to remove President Joe Biden from office after the release of the Special Counsel's report.
