Four “moderate” House Republicans signed a Democrat-led discharge petition initiated by House Minority Leader Hakeem Jeffries. This provides the 218 signatures needed to force a floor vote on a bill extending enhanced Affordable Care Act (ACA, commonly called Obamacare) premium subsidies for three years.
Read More 4 Republicans defect from GOP leadership to join Democrat-led discharge petition, forcing vote on Obamacare subsidies extension
The OpenAI agreement makes the Walt Disney Co. the first major content licensing partner for Sora, which uses generative artificial intelligence to create short videos.
Read More Disney invests $1B in OpenAI in deal to bring characters like Mickey Mouse to Sora AI video tool
It would be the third cut in a row and bring the Fed’s key rate to about 3.6%, the lowest in nearly three years.
Read More Federal Reserve likely to cut rates, may signal just one more reduction next year
Paramount 11th-hour, hostile bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros late last week.
Read More Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says
Paramount Skydance has accused Warner Bros Discovery of running an unfair sale process that favors Netflix over other bidders.
Read More Paramount accuses Warner Bros Discovery of unfair sale process, CNBC reports
Canadian Prime Minister Mark Carney revealed that he apologized to President Donald Trump over an anti-tariff political advertisement that utilized the voice of former President Ronald Reagan to criticize Trump’s trade policy.
Read More Carney apologizes to Trump for running anti-tariff ad