Paramount’s special committee recommends Skydance deal: report
A special committee of Paramount Global’s board of directors reportedly agreed to recommend a $3 billion takeover bid from Skydance Media — possibly bringing to an...
Carl Icahn owns sizable stake in Caesars Entertainment: report
Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported Friday citing sources familiar with the matter. Shares of the company...
Red Lobster tries to keep Times Square location open, NYC rent battle
Red Lobster is scrambling to stay open in Times Square — but the bankrupt seafood chain has just a few weeks to hammer out a...
Bill Ackman sells 10% stake in Pershing Square before IPO
Billionaire hedge fund manager Bill Ackman is planning on taking Pershing Square Capital Management public — possibly as soon as next year — as his...
Elon Musk’s X to stage town hall with Donald Trump
Elon Musk’s social media platform X will stage a town hall with former President Donald Trump — three years after he was suspended from the...
Costco’s new chief finance officer confirms $1.50 hot dog price ‘is safe’
Costco shoppers will relish this news. The wholesale retail store’s beloved $1.50 hot dog combo will remain available at that dirt-cheap price — at least...
Truckers sue NY over controversial $15 congestion toll to enter Manhattan
Commercial truck drivers have joined the long list of opponents who’ve filed lawsuits to block the controversial first-in-nation congestion toll to enter parts of Manhattan....
Vince McMahon accuser Janel Grant pauses sex trafficking lawsuit as feds launch probe
A woman accusing former WWE boss Vince McMahon of sex trafficking and assault on Thursday agreed to pause her lawsuit at the request of the...
Skydance reportedly sweetens offer for Paramount Global
Skydance Media has submitted a sweetened offer for Paramount Global, according to a person familiar with the matter. The new deal improves terms for both...
GDP grew just 1.3% last quarter, consumer spending weaker than expected
The US economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government...