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The Latest Breaking News on Business

Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

David Ellison-led Paramount Skydance (NASDAQ:PSKY) launched a hostile bid worth $108.4 billion for Warner Bros Discovery (NASDAQ:WBD) on Monday, in a last-ditch effort to outbid streaming giant Netflix Inc. (NASDAQ:NFLX) and create a content powerhouse. A regulatory filing on Monday revealed that the HBO owner’s lack of response fueled Paramount’s…

Benzinga

Trump Says Inflation Is 'Essentially Gone,' But Warns Against Deflation: 'You Gotta Be Careful'

President Donald Trump suggested that inflation is on the decline and might continue to decrease, but also expressed concerns about the possibility of deflation.

Benzinga

Cursor's CEO Reveals 80% Of Support Now Fully Automated As Internal Help Desk Replaces Human Work

The $29 billion AI coding startup Cursor says it has automated most of its internal support operations, offering a glimpse into how artificial intelligence is rapidly reshaping corporate workflows.

Benzinga

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Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder

Jesse Levinson, Zoox cofounder and CTO, said the robotaxi service needs several more years before it can operate at a scale where the business is “financially interesting.”

Fortune

Toll Brothers Stock Slides After Homebuilder Reports Mixed Q4 Results Citing 'Soft Demand'

Toll Brothers Inc (NYSE:TOL) reported financial results for the fourth quarter of fiscal 2025 after the market close on Monday. Here’s a look at the key details from the print.

Benzinga

PepsiCo To Drop 20% Of Products, Embrace Cleaner Ingredients And Aggressive Cost-Cuts In Major Elliott-Driven Revamp

PepsiCo Inc. (NASDAQ:PEP) announced a set of operational changes backed by activist investor Elliott Investment Management on Monday, including a supply chain review and a streamlined product lineup.

Benzinga

Berkshire After Buffett: The Trio Who Will Shape Your Returns—Abel, Chang, O'Sullivan

Berkshire Hathaway announced significant changes to its senior management as Warren Buffett prepares to step down as CEO after leading the company for six decades.

International Business Times UK

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US Arrests Chinese Duo In Nvidia Chip Smuggling Scheme As Trump Loosens China Export Rules

Two Chinese nationals have been arrested by the U.S. Justice Department for allegedly smuggling Nvidia Corp (NASDAQ:NVDA) chips to China.

Benzinga

BAT sees signs of recovery for Vuse in US amid crackdown on illicit vapes

The group said it has seen recent encouraging sales improvement for Vuse in the US over the past six months.

The Independent UK

2 businessmen detained over scheme to smuggle Nvidia chips to China, DOJ says

"The country that controls these chips will control AI technology; the country that controls AI technology will control the future."

Axios

Michael Burry Reveals 'Sizable' Stakes In Fannie Mae, Freddie Mac: 'Toxic Twins No More'

Famed investor Michael Burry, best known for his prescient bet against the housing market portrayed in “The Big Short,” has revealed he holds “sizable positions” in mortgage finance giants Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC).

Benzinga

Takeover bid of parent company means limbo for CNN, some fellow cable networks

It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros

The Independent UK

Shopping for a new car? Life360 will have your back

Family location-sharing app owner Life360 says a recent $181 million acquisition will bring it closer to its goal of targeting users where they are with ads.

AAP

Paramount, backed by Saudi Arabia's Public Investment Fund, launches hostile takeover bid for Warner Bros. Discovery, one day after US president Donald Trump says the Netflix deal 'could be a problem'

The Paramount bid is also supported by Trump's son-in-law Jared Kushner, so that's probably not great for Netflix's ambitions.

PC Gamer

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The Independent UK

PepsiCo to cut prices and eliminate products in major overhaul

Specific products slated for removal and the extent of price reductions remain undisclosed

Barchart

Crude Oil Tumbles as the Dollar Strengthens and Equities Fall

January WTI crude oil (CLF26 ) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26 ) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low. Dollar strength on Monday undercut energy prices. Crude prices also fell as Monday's...

Barchart

Get Ready for a Big USDA Data Week in the Wobbly Grain Markets

Wheat and soybeans are on a slippery slope while corn is stuck grinding sideways.

Reason

Donald Trump Says He'll 'Be Involved' in Choosing Who Gets To Merge With Warner Bros.

Paramount Skydance is banking on the Ellison family's relationship with Trump following Netflix outbidding the company to acquire Warner Bros.

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InsideEVs

Tesla Is Basically Begging You To Buy A Standard Range Model Y

Tesla is pulling all of the demand levers to incentivize new car buyers as part of its annual end-of-year push.

Benzinga

Cracker Barrel Q1 Preview: Did The Logo Backlash Hurt Sales? Investors Are About To Find Out

Restaurant chain Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) aims to show it has moved on from the backlash over a logo change when it reports first-quarter financial results Tuesday after market close.

Barchart

Corn Slipping Lower on Monday

Corn futures are showing 1 to 2 cent losses across the front months on Monday, with December down 3 cents. The CmdtyView national average Cash Corn price is down 1 3/4 cents at $3.98 1/2. Export Inspections data showed corn at 1.453 MT (57.2 mbu) shipped in the week that...

The Independent UK

Boeing finalizes $4.7B acquisition of key 737 Max supplier Spirit AeroSystems

Boeing has completed its $4.7 billion purchase of Spirit AeroSystems, a key supplier that builds fuselages for its 737 Max jetliners

Barchart

Crude Prices Fall on Dollar Strength and Energy Demand Concerns

January WTI crude oil (CLF26 ) today is down -0.91 (-1.51%), and January RBOB gasoline (RBF26 ) is down -0.0279 (-1.52%). Crude oil and gasoline prices are moving lower today, with gasoline falling to a 1.5-week low. Dollar strength today is undercutting energy prices. Also, today's weakness in stock prices...

Benzinga

Netflix Stock Tumbles: What's Going On?

Shares of Netflix, Inc. (NASDAQ:NFLX) are falling Monday after Paramount challenged the streaming service’s winning bid for parts of Warner Bros. Discovery, Inc.

We Got This Covered

Donald Trump admits that $83 billion Netflix-Warner Bros. merger ‘could be a problem’ but his preferred solution is just as bad

Donald Trump claims he's concerned about the market threshold but he may have an ulterior motive.

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