The company has a merger pending before the Federal Communications Commission, whose chief has criticized programs focusing on diversity, equity and inclusion.
Category: Mergers, Acquisitions and Divestitures
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Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.
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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.
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Ken Rosenthal, Founder of Panera Bread’s Forerunner, Dies at 81
He built a small chain of bakery cafes, with sourdough bread as its star. A few years after it was sold, it became nationally famous under a new name.
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Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.
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One Month into the Trump Presidency
The president has moved swiftly to remake Washington. But for business leaders, that volatility has often been hard to navigate.
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Amazon Gains Creative Control Over the James Bond Franchise
The British family that has for decades held complete control over everything involving the globe-trotting superspy is relinquishing it to Amazon.
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PGA Tour and LIV Golf Look for Merger Deal Under Trump
A tie-up involving the tour and LIV Golf was stalled under President Biden. They’re aiming to forge a new agreement under President Trump.
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HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.
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Inside the Murdochs’ Succession Drama
More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.