Skydance Warner Bros Merger: New Name, Oct. 6 Closing
Skydance Warner Bros. Merger: New Company to Begin Trading as Skydance David Ellison has named the media group formed by Paramount and Warner Bros. Discovery...
Category : Business
Anthropic IPO Prospectus: Revenue, Losses and AI Risks
Anthropic’s IPO prospectus describes a company growing at breakneck speed while losing billions and warning investors that its own technology could pose extreme risks. Reuters...
700,000 Seniors Start GLP-1s After New Medicare Coverage
Early Demand Signals a Major Shift in Senior Healthcare Millions of older Americans are gaining access to a category of medication that was, until...
Samsung’s New HBM4 Chip Targets AI Accelerator Market
A Fresh Push Into the AI Memory Race Samsung Electronics has unveiled its next-generation high-bandwidth memory chip, a move the company is positioning as...
Paramount-Warner Bros Merger Settlement Clears Path to Close
A Legal Battle That Threatened to Delay a Historic Deal One of the most consequential media mergers in recent memory has cleared its final...
Brazil Cuts Interest Rates for Fifth Time in a Row
A Fifth Straight Cut for Brazil Brazil’s monetary policy committee, known as Copom, has voted to lower the country’s benchmark Selic interest rate by...
Warren Buffett Steps Down as Berkshire Chairman
The End of an Era at Berkshire Hathaway After steering Berkshire Hathaway’s board for more than half a century, Warren Buffett has formally stepped...
Buffett Steps Down as Berkshire Chairman; Howard Steps In
Warren Buffett has handed over the chairmanship of Berkshire Hathaway, closing a chapter that began in the 1960s. The company said he becomes chairman emeritus...
BOJ Hikes Rates to 1.25%, Highest Since 1995
Bank of Japan Pushes Rates to Highest Level Since 1995 as Inflation Pressure Builds Japan’s central bank has raised interest rates to their highest...
Fed Hikes Rates to 4% — First Increase Since 2023
Federal Reserve Ends Three-Year Pause, Lifts Interest Rates to Combat Oil-Driven Inflation The Federal Reserve has raised its benchmark interest rate for the first...