RedBird Ponies Up $4 Billion to Fund Paramount’s Warner Bros. Discovery Takeover
RedBird invests $4B to fund Paramount's Warner Bros. Discovery merger, giving the Ellisons full voting control of the combined studio.
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Category: Business
Uber to Acquire ezCater for $2.3 Billion, Adding Catering Marketplace to Uber Eats Platform
Uber buys ezCater for $2.3B, combining its B2B catering expertise with Uber Eats' delivery reach.
Paramount Completes $110 Billion Buyout of Warner Bros. Discovery, Creating Skydance
Paramount buys Warner Bros. Discovery for $110 billion, creating Skydance under Ellison, amid antitrust concerns and Netflix's fight for control.
Diesel Costs Crushed 16 Trucking Companies in a Single Month
Sixteen trucking firms filed for bankruptcy in 30 days as diesel prices drove them to ruin, a grim portent for the freight trade.
Blue-Collar Jobs Are Surging as Workers Flock Back to Manufacturing
A vast new world of labor hath risen, wherein many hands find honor and wages without degrees, a marvel unseen ere now.
BT reaches agreement to acquire TalkTalk, securing its broadband operations
BT agrees to buy TalkTalk in a £400m rescue deal, ending months of speculation over the broadband operator's future.
Supreme strikes a deal with NYC and the NYPD to sell official merchandise at its stores
Supreme signs deal to sell NYPD and NYC-branded merch, including DSNY hoodies and FDNY caps at its Bowery store.
Rivian’s R2 Model Push Sends August Sales Up 37% Over July
Rivian's R2 bet pays off: 45% more vehicles sold and 85% more built in Q3, with 2026 guidance reaffirmed.
Paramount names a new co-CEO as the studio grows larger than ever
Paramount gets a new co-CEO as its $110B merger with Warner Bros. Discovery nears closure.
Roger Lynch Joins Mattel as CEO as Ynon Kreiz Steps Down to Pursue a New Opportunity
Condé Nast's Roger Lynch takes over Mattel as CEO, replacing Ynon Kreiz who departs for a new public company role.
Disney Is Cutting Jobs Again, Laying Off Hundreds of Workers
Disney cuts more jobs, laying off a few hundred employees across HR and IT as CEO Josh D'Amaro trims costs.
Bob Chapek Says Bob Iger Pushed Him Out of Disney — and Wants the Record to Show It
Ex-Disney CEO Bob Chapek says Bob Iger pushed him out because he wouldn't give up the CEO title. Chapek's new memoir tells the tale.