Breaking News: Business
- Commercial real estate deal volume drops for the first time in nearly two years - Commercial real estate has had a rough year after gaining momentum coming out of the pandemic.
- Here's what to expect in Paramount's quest to elbow out Netflix and buy Warner Bros. Discovery - Paramount's all-cash tender offer sets up a potentially months-long battle with Netflix to convince WBD shareholders which bid is best.
- Comcast president outlines unsuccessful WBD offer and future of NBC's Peacock - Comcast made multiple offers for Warner Bros. Discovery's streaming and studio assets before Netflix was deemed the winning bidder.
- Paramount Skydance launches hostile bid for WBD after Netflix wins bidding war - Netflix won a bidding war for the Warner Bros. film studio and HBO Max streaming service, but it doesn't plan to buy WBD's TV networks.
- Trump trade war shift away from Chinese manufacturing has reached tipping point - A long-term supply chain shift pulls the rest of Asia even with manufacturing giant China, but for importers, a short-term cash crunch from tariffs is looming.
- From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion - The American blue jean was created in 1873 by tailor Jacob Davis, who patented the design with Levi Strauss, founder of the eponymous denim retailer
- Trump administration waives $11 million fine for Southwest Airlines' 2022 holiday meltdown - The Trump administration said it will forgive the last $11 million of a fine against Southwest Airlines that stems from the carrier's 2022 holiday meltdown.
- The regulatory path ahead for a Netflix and Warner Bros. deal could get dicey - Regulatory questions are already rising about Netflix's deal to combine its business with WBD's streaming service HBO Max and film studio Warner Bros.
- David Ellison's hunt for WBD made David Zaslav richer — and it may not be over - Paramount is considering taking an offer straight to WBD shareholders, believing its deal has a better chance of gaining regulatory approval, sources told CNBC.
- RFK Jr.’s vaccine panel weakens recommendation on hepatitis B shot for babies, scrapping universal guidance - Some public health experts expressed concerns the recommendation could lead to an increase in hepatitis B infections in babies.