Cnbc - 02/05/2024 22:19

Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid

Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.

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Cnbc - World

After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation...

17/05/2024

Sony and Apollo showed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance. Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion. [Read more]

Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains...

17/05/2024

Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter. [Read more]

Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says...

17/05/2024

The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions." [Read more]

Gold, silver and platinum's red-hot rally still has further to go, strategists say...

17/05/2024

Gold, silver and platinum prices have been on a tear so far this year. Strategists say it's not over yet. [Read more]

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Cnbc - Finance

Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates ...

17/05/2024

Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout. [Read more]

Wayfair to open its first large store, as physical locations make a comeback...

17/05/2024

What "retail apocalypse"? Wayfair and other digitally native companies are turning to physical stores for growth as e-commerce profits become more challenging. [Read more]

Walmart says more diners are buying its groceries as fast food gets pricey...

17/05/2024

Customers across incomes are looking for cheaper meals, Walmart's chief financial officer said. [Read more]

The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move...

17/05/2024

Warner Bros. Discovery's latest talks with the NBA could turn into a legal battle if the league decides to sign an agreement with NBCUniversal, sources said. [Read more]

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