Paramount CEO Bob Bakish could be out as soon as Monday as Skydance merger talks continue

TikTok creators sue U.S. government, say divestiture law violates First Amendment...

15/05/2024

Paramount Global reports its quarterly earnings Monday. Eight TikTok creators are suing the U.S. government to block the divest-or-ban law, arguing that it violates the First Amendment. [Read more]

Reddit shares close near record after two-day rally driven by meme stocks...

15/05/2024

Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy. [Read more]

Google rolls out its most powerful AI models as competition from OpenAI heats up...

15/05/2024

Google on Tuesday announced new additions to its AI model following a flashy rollout a day earlier from OpenAI. [Read more]

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady...

15/05/2024

Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year. [Read more]

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Disney+ will stream Caitlin Clark's WNBA debut in the platform's first live sports event...

15/05/2024

The WNBA regular season opens tonight with NCAA star Caitlin Clark making her debut. The game will be the first-ever live sports event streamed on Disney+. [Read more]

People on Novo Nordisk's Wegovy maintain weight loss for up to four years, study says...

15/05/2024

The results shed light on the long-term effects of Wegovy, and could boost Novo Nordisk's case to insurers and governments to cover the costly drug. [Read more]

Walmart is laying off, relocating hundreds of corporate workers across the country. Read the memo...

15/05/2024

The move follows the closures of the company's health clinics and comes ahead of its earnings report on Thursday. [Read more]

AMC's meme stock windfall may help it pay down a massive debt load...

15/05/2024

The last time these retail investors rallied around AMC, it avoided bankruptcy. Now, it has a chance to put a dent in its substantial debt load. [Read more]

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