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Warner Bros. Discovery rejects Paramount’s amended takeover offer

Warner Bros. Discovery rejects Paramount’s amended takeover offer

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed

Business
Trump Media to merge with nuclear fusion company

Trump Media to merge with nuclear fusion company

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in

Business
Shopify says a daylong Cyber Monday outage has been resolved

Shopify says a daylong Cyber Monday outage has been resolved

Outages on Shopify’s e-commerce platform have been resolved, the company said late Monday, bringing to an end a daylong glitch on the annual ‘Cyber Monday’ shopping day. Some merchants that use Shopify’s service to sell

Business
Airbus says most of its recalled 6,000 A320 jets are now modified

Airbus says most of its recalled 6,000 A320 jets are now modified

PARIS — Airbus fleets were returning toward normal operations on Monday after the European plane maker pushed through abrupt software changes faster than expected, as it wrestled with safety headlines long focused on rival Boeing.

Business
Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday. The termination follows a lawsuit filed in Michigan by former employee Robert Garza against

Business
Bitcoin and other crypto assets sink in flight from risk

Bitcoin and other crypto assets sink in flight from risk

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts

Business
Bargain hunters drive Walmart sales and outlook higher

Bargain hunters drive Walmart sales and outlook higher

Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity

Business
Longtime Walmart CEO to step down in January

Longtime Walmart CEO to step down in January

Walmart announced Friday that longtime CEO Doug McMillon will retire at the end of January — which came as a surprise to some given the company’s success in a rapidly evolving retail landscape. John Furner,

Business
More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day

More than 1,000 Starbucks workers strike at 65 stores on Red Cup Day

More than 1,000 unionized Starbucks workers went on strike at 65 U.S. stores Thursday to protest a lack of progress in labor negotiations with the company. The strike was intended to disrupt Starbucks’ Red Cup

Business
October monthly job cuts surged to a 22-year high

October monthly job cuts surged to a 22-year high

U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday. “This is the highest total for October in over 20 years, and the highest total for