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WWE deal doesn’t mean Netflix will invest more in sports, co-CEO says
01/02/2024

WWE deal doesn’t mean Netflix will invest more in sports, co-CEO says

Netflix co-CEO Ted Sarandos clarified that WWE is "sports entertainment" and not live sports.

Paramount CEO announces layoffs as cost pressures, take-private talks build
01/02/2024

Paramount CEO announces layoffs as cost pressures, take-private talks build

Paramount Global announced layoffs, as the company tries to cut costs while it faces acquisition interest.

David Ellison’s Skydance Media explores acquiring all of Paramount Global, sources say
30/01/2024

David Ellison’s Skydance Media explores acquiring all of Paramount Global, sources say

Skydance has discussed acquiring National Amusements, the holding company of Paramount Global, but those talks are contingent on a larger deal, sources said.

Netflix to stream WWE’s Raw starting next year in its biggest jump into live entertainment
30/01/2024

Netflix to stream WWE’s Raw starting next year in its biggest jump into live entertainment

Netflix adds WWE Raw after making only a few forays into live programming in its history.

Nelson Peltz is launching a blitz on Disney. Here’s what he says is next in his proxy fight
30/01/2024

Nelson Peltz is launching a blitz on Disney. Here’s what he says is next in his proxy fight

Trian Fund Management will amp up its case to get Nelson Peltz and Jay Rasulo elected to the Disney board in the coming months.

Homebuyer demand pushes mortgage applications higher, even as interest rates inch up again
25/01/2024

Homebuyer demand pushes mortgage applications higher, even as interest rates inch up again

Mortgage rates rose slightly last week, but that did not seem to deter homebuyers.

Bilt Rewards is the first neighborhood loyalty platform, says General Catalyst chairman Ken Chenault
25/01/2024

Bilt Rewards is the first neighborhood loyalty platform, says General Catalyst chairman Ken Chenault

Ankur Jain, Bilt Rewards founder and CEO, and Ken Chenault, General Catalyst chairman and managing director and Bilt Rewards board chairman, join 'Squawk Box' to discuss the company's rewards program, how Bilt partners with real estate owners and allows its users to earn points when paying their ren...

New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets
19/01/2024

New Morgan Stanley CEO is ‘super bullish’ on hitting financial targets

The pivot to wealth management boosted Morgan Stanley's valuation beyond rivals including Goldman Sachs, but more recently growth concerns have stymied shares.

Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
19/01/2024

Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl

Deutsche Bank CEO Christian Sewing said that merger and acquisition activity is not a priority, as speculation resurfaces over the future of rival Commerzbank.

Thursday’s inflation report could challenge the market outlook for big Fed rate cuts
16/01/2024

Thursday’s inflation report could challenge the market outlook for big Fed rate cuts

The consumer price index is projected to have risen 0.2% in the final month of 2023, or 3.2% for the full year.

Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
16/01/2024

Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.

States have been eliminating taxes on period products for years. Here’s where you’ll still pay them.
12/01/2024

States have been eliminating taxes on period products for years. Here’s where you’ll still pay them.

Texas most recently eliminated the so-called tampon tax when its policy took effect in September. Kentucky lawmakers are considering similar bills.

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