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Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
Warner Bros. Discovery’s board has once again spurned a hostile takeover bid from Paramount Global, urging its shareholders to instead back a...
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The Brew’s Quick Hits: Protect, Read, Play, Prank
A short “Just for Fun” or “Quick Hits” recap from a newsletter suggests ways to protect yourself (green tint sunscreen), read a curated reading...
Consumer Confidence Rebounds as Tariff Tensions Temporarily Ease
New York, USA: The Conference Board’s consumer sentiment index soared in May, its largest monthly jump in four years. While the May 12 US-China...
China Targets ‘Zero-Mileage’ Used-Car Loophole as Auto Sales Slump
Beijing, China: Regulators summoned major automakers and dealers to address the “zero-mileage” used-car trend—cars registered as used but never...
Trump Backs Nippon Steel’s $14.9 B Bid for U.S. Steel, Raising Questions
Washington, D.C.: President Trump unexpectedly endorsed Nippon Steel’s $14.9 billion purchase of U.S. Steel, reversing earlier opposition to...
WiseTech Global Acquires E2open in $2.1 Billion Landmark Logistics Deal
Sydney, Australia: Logistics software giant WiseTech Global is buying E2open for $2.1 billion, in its biggest-ever acquisition. The move adds...
Markets Tumble After Trump Threatens 50% Tariff on EU Imports
Washington, D.C.: President Trump’s vow of a sweeping 50% tariff on all EU imports shook financial markets, with the S&P 500 off 2.6% this week...
Capital One Finalizes $35 Billion Discover Purchase
McLean, Virginia: Capital One completed a $35 billion takeover of Discover Financial Services, forming the largest U.S. credit card issuer by loan...
Fast-Fashion Giant Shein Accused of Breaching EU Sales Laws
Brussels, Belgium: Global fast-fashion retailer Shein faces new allegations of violating EU sales regulations, according to Marketplace.org....
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