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Paramount Global

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

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

Bob Bakish, then president and chief executive officer of Viacom Inc., speaks during the Mobile World Congress Americas event in Los Angeles, California, U.S., on Tuesday, Oct. 22, 2019.  Patrick …

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Categories World

Paramount, Skydance inch closer to a merger agreement: Sources

by Adrian Jhonsan
Paramount, Skydance inch closer to a merger agreement: Sources

Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone, according to people familiar with the …

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Categories World

What subscriber reporting change means

by Adrian Jhonsan
What subscriber reporting change means

The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and …

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Categories World

Markets brace for Fed’s key inflation gauge

by Adrian Jhonsan
Markets brace for Fed’s key inflation gauge

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City.  Johannes Eisele | Afp | …

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Categories World

Wall Street on edge over Fed’s key inflation gauge

by Adrian Jhonsan
Wall Street on edge over Fed’s key inflation gauge

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …

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Categories World

Americans’ mood on the economy sinks

by Adrian Jhonsan
Americans’ mood on the economy sinks

U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023.  Evelyn Hockstein | Reuters …

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Categories World

Ford, Disney, Costco and more — Jim Cramer provides his updated views on each

by Milton Acorn
Ford, Disney, Costco and more — Jim Cramer provides his updated views on each

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories Science

Warner Bros. Discovery (WBD) earnings Q4 2023

by Adrian Jhonsan
Warner Bros. Discovery (WBD) earnings Q4 2023

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in …

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Categories World

Companies make 2024 the year of cost cuts

by Adesola Mojo
Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …

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Categories Automobile

Paramount Global lays off 800 employees after record Super Bowl ratings

by Adrian Jhonsan
Paramount Global lays off 800 employees after record Super Bowl ratings

Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022.  Thilo Schmuelgen | Reuters Paramount Global is …

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Categories World
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