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What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire

Wed, 05/01/2024 - 13:23

Producer David Ellison attends the Royal Film Performance and UK Premiere of — Skydance Media, which co-produced the "Top Gun" reboot with Paramount, wants to merge with the entertainment giant. The film studio is helmed by David Ellison, son of Oracle billionaire Larry Ellison.
Lia Toby/Getty Images for Paramount Pictures

Media, finance, finance, ma, Paramount, red-bird, skydance-media

Today's the day Warner Bros. Discovery can sell itself. Buyers may be hard to find.

Mon, 04/08/2024 - 14:04

David Zaslav, CEO of Warner Bros. Discovery, arrives at the Sun Valley Lodge for the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho — Warner Bros. Discovery CEO David Zaslav.
Kevin Dietsch/Getty Images

Media, Tech, ma, warner-bros-discovery, hbo, CNN, TV

Warren Buffett calls out stock-market gamblers and honors the late Charlie Munger in his annual letter

Sat, 02/24/2024 - 09:51

GettyImages 1140985597 — Warren Buffett, CEO of Berkshire Hathaway, and former vice chairman Charlie Munger.
JOHANNES EISELE/AFP via Getty Images

finance, finance, warren-buffett, berkshire-hathaway, stock-market, Billionaires, charlie-munger

Big deals are back with a $53 billion bang

Wed, 02/21/2024 - 06:17

traders celebrate — Fading recession fears are helping to fuel a new deals boom.
Charles Platiau/Reuters

finance, finance, Markets, ma, Deals, walmart, capital-one

Billionaire investor Carl Icahn takes near-10% stake in JetBlue, echoing his iconic TWA deal

Tue, 02/13/2024 - 08:40

carl icahn — Carl Icahn.
Chip East/Reuters

Markets, Transportation, mi-exclusive, Markets, Stocks, carl-icahn, ma

Warren Buffett's Berkshire Hathaway is an epic turnaround story — and its latest deal looks a winner, expert says

Thu, 02/01/2024 - 04:42

Warren Buffett — Warren Buffett.
Getty Images / Bill Pugliano

finance, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, diversified-retailing

It sure looks like corporate America isn't afraid of Joe Biden anymore

Wed, 12/06/2023 - 06:00

Joe Biden — President Joe Biden
Kevin Dietsch/Getty Images

finance, Markets, Mergers, stock-market, FTC, lina-khan, Antitrust

Why a giant health insurer merger is probably destined to fail

Thu, 11/30/2023 - 13:46

Cigna CEO David Cordani
Brendan McDermid/Reuters

Healthcare, Healthcare, Dispensed, cigna, humana, ma

Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company

Mon, 11/27/2023 - 13:27

Broadcom CEO Hock Tan — Broadcom CEO Hock E. Tan
Lucas Jackson/Reuters

Tech Insider, Enterprise, Broadcom, vmware, ma, instagram-acquisition, Layoffs

Warren Buffett's company has built a record $157 billion cash pile so he can capitalize when the economy tanks, veteran professor Steve Hanke says

Mon, 11/20/2023 - 07:16

warren buffett — Warren Buffett.
AP Images

Markets, mi-exclusive, Markets, Stocks, warren-buffett, berkshire-hathaway, cash-reserves

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