Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar…
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a flagging interest in hiring more ‘knowledge-based’ professionals. The…
Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following the latest offer from Apollo Global Management…
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products…
‘Stop caving to the woke mobs’: GOP ramps up attacks on vulnerable Dems amid anti-Israel campus unrest
The anti-Israel protests that have erupted on college campuses across the country in recent weeks over Israel’s war with Hamas in Gaza are fueling new political attacks by Republicans on…
Week Ahead: NIFTY Stays Vulnerable To Disruption Of Primary Trend; Volatility Likely To Stay
The markets traded in a much wider range in the past trading week. Over the past few days, we had seen the markets and the VIX inching higher, i.e., moving…
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews the key drivers for this week’s volatile period, including Core PCE and GDP numbers. She takes a look at where…
Nancy Pelosi, John Kerry, other Biden allies awarded Presidential Medal of Freedom
President Biden honored 19 individuals with the United States’ highest civilian award on Friday, many of whom are Democratic allies. The White House announced the roster for the annual Presidential…
Internal communications of executives from Big Tech companies reveal ‘damning discoveries’ of the Biden administration’s attempt to muzzle the platforms, a new House committee report published this week revealed. Following…
Biden’s controversial DHS ‘experts’ panel shuttered after being slapped with lawsuit
: The Biden administration has agreed to wind down a controversial intelligence ‘experts’ group, as it faced a lawsuit from a conservative legal nonprofit arguing that it was in violation…