With Skydance Media deal talks winding down, the three top executives in Paramount Global’s CEO’s office said they remain focused on a plan to cut costs and grow the media conglomerate as an independent entity. The trio – George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount […]
BestReviews is supported by readers and may earn an affiliate commission. The details. These days, it seems like we’re all trying to stretch our dollars a little further. After recent years of inflation, food bills and other expenses are still super high, leaving some families struggling to pay all their bills. In response, many retailers
WASHINGTON (AP) – Senators on Wednesday criticized top health and law enforcement officials for not doing more to combat the rise of illegal electronic cigarettes in the US, a multi-billion dollar business that has thrived amid haphazard enforcement. Democrats and Republicans on the Senate Judiciary Committee expressed frustration and exasperation as they questioned officials from
The fast food industry has been wringing its hands over the devastating impact on its business from California’s new minimum wage law on its workers. Their raw numbers certainly bear this out. A full-page ad recently placed in USA Today by the California Business and Industry Alliance claimed that about 10,000 fast food jobs had
Shares of this AI titan have gotten significantly cheaper, but its massive market cap remains the same. With the stock up 25,000% over the past 10 years, it’s no wonder Nvidia (NVDA 3.52%) relies on stock splits to keep its equity price manageable for smaller investors who may not have access to fractional shares. The
GameStop Analyst Cuts Price Target After ‘Rambling By Roaring Kitty Presentation’: Does the video game company have ‘enough runway to appease its cult-like shareholders’? Video game retailer shares GameStop Corporation (NYSE:GME) have traded higher in recent weeks on optimism from the return of Noisy kitten (does it have Keith Gill) and some stock offerings that
It’s time to take a breather and look for a new beginning. That seems to be the motto for Paramount Global and its investors. With news Tuesday that Shari Redstone has ended months of talks to acquire Paramount from a consortium led by Skydance Media and RedBird Capital without a deal, Wall Street analysts are
Eight former SpaceX engineers filed a lawsuit against Elon Musk on Wednesday alleging sexual harassment and retaliation. Musk, who founded SpaceX in 2002, “knowingly and intentionally created an unwelcome hostile work environment based on his workplace intrusion behavior of sexually explicit photos, memes, and comments demeaning women and/or the LGBTQ+ community “, say the employees.
Stellantis CEO Carlos Tavares holds a press conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – From the beginning of a union to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. This is starting to pay dividends for the company and investors.
The Federal Reserve on Wednesday kept the key interest rate unchanged and signaled that only one cut is expected before the end of the year. With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers took two rate cuts off the table after their two-day meeting from three indicated in March.