Warner Bros. Discovery Board Rejects Paramount Skydance Takeover, Chooses Netflix Deal
On Wednesday, Warner Bros. Discovery’s board told shareholders to reject a hostile "$108"‑billion bid from Paramount Skydance and its controlling...
Posted inBusiness News Corporate News
Affinity Partners Withdraws from Paramount Skydance’s $108 B Takeover Bid for Warner Bros. Discovery
Affinity Partners, the private‑equity arm of Jared Kushner, has pulled out of the $108 billion hostile takeover bid for Warner Bros. Discovery that...
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UPS Accused of Paying Seasonal Workers Millions in Wages Under the Table
In a lawsuit filed Monday in Manhattan, New York Attorney General Letitia James alleges that UPS has deprived tens of thousands of seasonal workers...
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iRobot Files for Chapter 11, Promises No Service Disruption, and Is Being Bought by Picea After Failed Amazon Deal
iRobot, the maker of Roomba robotic vacuums, has filed for Chapter 11 bankruptcy protection, but the company insists it will continue operating as...
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Mass Layoffs, High-Profile Deals, and Retail Shakeups: A Business Snapshot
Nearly 1.2 million U.S. jobs are slated to be cut by the end of November, marking the steepest rise in layoffs since the pandemic began.
Corporate...
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In‑Out Burger Opens First Tennessee Locations, Creates 150 Jobs, Moves HQ Back to Baldwin Park
Hook paragraph
First Tennessee Locations
The two new restaurants will be managed by long‑time In‑Out employees who have collectively spent nearly...