David Ellison — the founder of a film production company and son of billionaire Larry Ellison — has been at the helm of Paramount Skydance for just over a year. He’s been fighting to acquire Warner Bros. Discovery for nearly as long. The latest roadblock in his path, a group of state attorneys general seeking…
A detailed view of a hand holding a Fanduel Sports Network branded microphone during an interview after the Detroit Pistons defeated the Boston Celtics at Little Caesars Arena on February 26, 2025 in Detroit, Michigan. Nic Antaya | Getty Images Main Street Sports, the now-defunct owner of a portfolio of regional sports networks, is suing…
Washington Commanders managing partner Josh Harris signs a Commanders helmet while joined by Washington Mayor Muriel Bowser and NFL Commissioner Roger Goodell during a news conference on construction of a new Commanders stadium in Washington, April 28, 2025. Win McNamee | Getty Images Get the CNBC Sport newsletter directly to your inbox The CNBC Sport…
Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started…
US President Donald Trump speaks to reporters before boarding Air Force One at Joint Base Andrews, Maryland on Aug. 21, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027,…
Paramount sign outside their offices at 1515 Broadway in New York City, U.S., Feb. 17, 2026. Adam Gray | Reuters California Attorney General Rob Bonta canceled a meeting with Paramount Skydance on Monday, saying the company demonstrated a “lack of good faith” in early settlement talks around its planned merger with Warner Bros. Discovery. “My…
GUANGZHOU, CHINA – JULY 14: A woman looks at her smartphone while walking past a SHEIN sign outside the company’s office on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in…
A Boeing 737 MAX 10 fuselage is pictured during the opening ceremony for the company’s new North Line assembly line, which will produce 737 MAX aircraft, at the Boeing Everett Factory in Everett, Washington, on July 10, 2026. Jason Redmond | Afp | Getty Images In August 2018, the then-president and now CEO of United…
United Airlines CEO Scott Kirby speaks during a media event showcasing the airline’s new premium “Elevated” aircraft interior at Los Angeles International Airport, March 24, 2026. Patrick T. Fallon | AFP | Getty Images NEWARK, New Jersey — Scott Kirby says he doesn’t believe in revenge. “Everyone thinks I do, but no, I don’t,” said…
Coca-Cola used its new Mixology dispenser to make refreshers at the National Restaurant Association show. Source: Coca-Cola ATLANTA — Coca-Cola is branching out into new customizable drinks and trend-driven equipment as consumers — and food service operators — increasingly want more options. Tucked away in an anonymous office park not far from its global headquarters…
