Mosaic Stock’s Decline Made Bears a Quick Profit
...
The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesMore consolidation, more problems — that's the latest fear gripping the theatrical industry.After a monthslong negotiation process, Paramount and Skydance have struck a merger agreement. While the proposed union has been touted as perfect...
Drew Angerer | Getty ImagesMedia and technology titans will convene in Sun Valley this week to lay the groundwork for the future of streaming — and for potential alliances.Allen & Co.'s annual conference, often referred to as "summer camp for billionaires," kicks off at a ski lodge in Idaho...
Check out the companies making headlines in midday trading. Paramount Global — The media and entertainment company shed 2% after it agreed to merge with Skydance Media . Skydance and its financial backers will invest more than $8 billion into Paramount and to acquire National Amusements, Paramount's controlling shareholder....
Tanaonte | Istock | Getty ImagesThe future of a Federal Trade Commission ban on noncompete agreements, scheduled to take effect this fall, is unclear after a preliminary ruling from a federal court last week.Nearly one in five Americans are subject to a noncompete agreement, an estimated 30 million people,...
When Walmart announced earlier this summer that it would add digital shelf labels to more of its stores, the discounter said the move would cut another tedious task from store workers' to-do lists.Customers didn't necessarily see it that way. On TikTok, some criticized the higher-tech price tags as the...
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019.Mulugeta Ayene | ReutersBoeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes, a decision that brands the U.S....