The deal will put well-known entertainment properties including CBS, Paramount, and Nickelodeon under the ownership of tech scion David Ellison.
Read More US clears way for $8 billion Paramount-Skydance merger
Category: Business
US oil producer Continental Resources drops fraud lawsuit against rival Hess
Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
Read More US oil producer Continental Resources drops fraud lawsuit against rival Hess
Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat
Coca-Cola laid out plans to launch a new product made with cane sugar on resilient demand for zero-calorie drinks as well as higher prices.
Read More Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat
US SEC would set up guardrails for private investments in retirement plans, chairman says
Private firms do not have the same level of required disclosures as public companies and are prone to valuation issues.
Read More US SEC would set up guardrails for private investments in retirement plans, chairman says
Chevron closes Hess acquisition after winning Exxon legal battle
Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Read More Chevron closes Hess acquisition after winning Exxon legal battle
US retail sales beat expectations in June
Retail sales rebounded more than expected in June, but some of the increase likely reflected higher prices for some goods exposed to tariffs.
Read More US retail sales beat expectations in June