Six-time NBA Champion Los Angeles Lakers owner Jeanie Buss said new majority owner Mark Walter’s access to capital will help the team best compete with the NBA’s top franchises — and that her late father, Jerry Buss, would have supported the sale. “What was important to him was that the Lakers stay at the top…
An aerial view of the Paramount logo displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 billion. Mario Tama | Getty Images Warner Bros. Discovery on Tuesday said it…
Civil rights activist Jesse Jackson Sr yells and gestures during a campaign speech, 1988. Afro Newspaper/Gado | Archive Photos | Getty Images The Rev. Jesse Jackson, a civil rights icon, Baptist minister and two-time Democratic presidential candidate, died Tuesday at age 84. The Jackson family confirmed his passing in a statement on Tuesday morning. “Our…
Apple Podcasts on App Store displayed on a phone screen is seen in this illustration photo taken in Poland on June 5, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Apple on Monday announced that it will bring a new integrated video podcast experience to Apple Podcasts this spring….
The Warner Bros. logo is displayed on a water tower at Warner Bros. Studio on September 12, 2025 in Burbank, California. Mario Tama | Getty Images Warner Bros. Discovery‘s board is considering reopening sales talks with Paramount Skydance after recently receiving an amended offer with sweetened deal terms, Bloomberg News reported on Sunday, citing unnamed…
Shares of Roku jumped more than 6% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of…
Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged over 7% after the company‘s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely closely.”…
Sultan Ahmed Bin Sulayem of Dubai speaks at a news conference on Nov. 10, 2005 in New York City. Mario Tama | Getty Images News | Getty Images The CEO of Dubai’s largest port has been replaced by the company after details of his past relationship with the late sex offender Jeffrey Epstein were made…
Rivian Automotive on Thursday beat Wall Street’s fourth-quarter expectations and said it’s targeting a significant increase in vehicle deliveries this year, but the automaker also cautioned that it will continue losing money as it launches its crucial R2 next-generation vehicle. Rivian’s 2026 guidance includes increasing vehicle deliveries to between 62,000 and 67,000 units, which would…
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income…
