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Last Friday afternoon, Netflix announced they had delivered the winning bid for the 102-year-old studio, Warner Bros. Discovery (WBD). Comcast and Paramount Skydance were both in the mix, with the latter now attempting a hostile takeover. Both Paramount, a legacy studio founded in 1912, and Netflix, the world’s largest streamer, have reason to believe that […]

The CEO of the No. 2 in US ridesharing says there’s more to growth than catching ‘the other guys.’

Saudi PIF-backed online delivery platform noon raises fresh capital as it looks to IPO.

Venezuela relies on the black-market oil trade for a large chunk of its revenue. US enforcement actions may push down the price it can charge, further squeezing the country’s economy.

EU regulators reportedly raided e-commerce giant Temu’s Irish offices, and opened a probe into another firm.

The Department of Education announced Tuesday that it reached a settlement agreement with the state of Missouri to end former President Joe Biden’s student loan forgiveness program.  The Saving on a Valuable Education (SAVE) program bases monthly payments on an individual’s income and family size. The plan protected more borrowers’ incomes, increasing monthly payment exemptions […]

According to multiple lawsuits, data analytics firm Agri Stats has quietly enabled the nation’s largest meat processors to coordinate price hikes and wage suppression for decades.