Business
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Major US airline shuts down, thousands to lose jobs
One of America’s largest airlines has ceased operations, leaving passengers stranded at airports and 14,000 workers without jobs.
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Paramount Takeover of Warner Bros. Gets Green Light From Shareholders, But They Reject David Zaslav’s Pay Package
The shareholder vote clears the way for the deal to close, assuming the company can navigate the remaining regulatory hurdles.
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Apple CEO Tim Cook stepping down in September: 'It has been the greatest privilege of my life'
Cook will turn the title over to John Ternus, Apple’s head of hardware engineering, on September 1, while remaining involved with the Cupertino, California company as executive chairman.
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Netflix Chair Reed Hastings to Leave Board in June
Co-founder won’t stand for re-election to the board, Netflix says in first earnings report since pulling out of Warner Discovery bid
Latest Business
Snapchat owner cuts 16% of global staff in latest round of job cuts
Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs
Global stocks mostly fall ahead of Trump's deadline for Iran
New York (AFP) – Global stock markets mostly retreated Tuesday as investors braced for US President Donald Trump's looming deadline for Iran to reopen the Strait of Hormuz or face devastating attacks.
JPMorgan and Jeffrey Epstein: the long goodbye
Red flags were raised about the sex offender’s activity since the early 2000s — but the bank continued with him for years after his arrest
Oil trades close to $100 after attacks in Gulf
Ships and energy infrastructure in the Gulf hit by new wave of strikes
Estée Lauder sues perfumer Jo Malone for breach of contract
US company objects to use of British entrepreneur’s name in her collaboration with Zara
YouTube Lays Claim to Another Crown: The World’s Largest Media Company
The influential financial research firm MoffettNathanson suggests that the Google-owned video platform passed Disney's media business in 2025.
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Meta Announces Major AI Chips Deal With AMD—Months After Chipmaker’s Similar Move With OpenAI
Meta announced a massive deal with AMD on Tuesday, which would see the social media giant agree to purchase six gigawatts of processors for AI from the semiconductor manufacturer and possibly acquire stock worth up to 10% of the company—very similar to a deal AMD struck with OpenAI last October.
Paramount Submits Higher Offer for Warner Bros.
The new bid improves on the $30-a-share, all-cash proposal that Paramount took directly to Warner Bros. shareholders on Dec. 8 and addresses some of the company’s concerns with previous offers.
