A trader works underneath a monitor displaying Citigroup Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on June 3, 2016.Michael Nagle | Bloomberg | Getty ImagesCitigroup is shuttering another Wall Street business as CEO Jane Fraser pushes ahead with her overhaul...
Warner Bros. Discovery and rival Paramount Global are in early merger talks, sources familiar with the matter told CNBC.Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish met Tuesday to discuss the contours of a possible deal, said the sources, who declined to be named since the...
Major railroads Union-Pacific and BNSF, a subsidiary of Berkshire Hathaway, are urging the reopening of El Paso and Eagle Pass crossings so their freight can pass. Since the closure of these key Texas border crossings earlier this week in a battle over illegal immigration and a surge of migrants,...
Jason Momoa stars as Arthur Curry, aka Aquaman, in Warner Bros.' "Aquaman and the Lost Kingdom."Warner Bros. DiscoveryStick a trident in it."Aquaman and the Lost Kingdom" opens Friday, marking the final installment in Warner Bros. Discovery's DC Extended Universe film franchise and likely Jason Momoa's final turn as the...
NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty ImagesIt's the most wonderful time of the year! It's the third annual anonymous media...
Limited Edition holiday breakfast cereal, Christmas Crunch in holiday shapes, Target store, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images)Lindsey Nicholson | Getty ImagesTwo big companies weighed in on persistent demand woes this week.General Mills, which reported earnings Wednesday morning, said tepid demand and pricing...
Jack Daniel's Tennessee WhiskeyGetty ImagesU.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe.The European Union said Tuesday it would extend the suspension of tariffs on U.S. whiskey until March 31, 2025. The 50% levy, which came in...
House for sale with "For Sale" real estate sign in yard in spring or summer season. No people.Fstop123 | E+ | Getty ImagesMortgage demand fell last week compared to the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract...
Soumyabrata Roy | Nurphoto | Getty ImagesDrugmakers are closing out a year when they achieved several historic firsts that will shape the pharmaceutical industry in 2024 and beyond. The weight loss drug market transformed into the pharmaceutical industry's newest gold rush this year, as demand for costly but highly effective...
Southwest Airlines ranked as the second best domestic airline, according to Bounce's 2023 Airline Index.Aaronp/bauer-griffin | Gc Images | Getty ImagesSouthwest Airlines and its pilots' union have reached a new preliminary labor agreement, ending months of tense negotiations.Southwest is the last of the largest U.S. airlines to strike a...