Warner Bros. Discovery’s (WBD) board of directors urged shareholders to reject Paramount Skydance’s hostile bid for the company, arguing that the offer is “illusory” and “imposes numerous, significant risks and costs.”
Read More Warner Bros. Discovery board urges shareholders to reject Paramount’s bid, argues Ellison family has ‘consistently misled’ shareholders
Former MSNBC host Joy Reid shared a viral video on social media that claims the beloved Christmas song “Jingle Bells” is rooted in racism and was written “as a mockery of Black people.”
Read More Joy Reid shares video claiming ‘Jingle Bells’ is a racist song written as a ‘mockery of Black people’
Nippon Steel plans to invest $14 billion in U.S. Steel’s operations including up to $4 billion in a new steel mill if the Trump administration green lights its bid for the iconic U.S. company.
Read More Exclusive: Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
Prada struck a $1.375 billion deal to buy smaller rival Versace, including its debt, in a move that unites two of the biggest names in Italian fashion.
Read More Prada buys Versace to create Italian fashion powerhouse
The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy.
Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
U.S. Steel and Japan’s Nippon Steel sued the U.S. government on Monday in a bid to challenge the Biden administration’s order to block the almost $15 billion deal for the Japanese company to buy the American steelmaker.
Read More U.S. Steel And Nippon Sue Biden Over Blocked $14B Deal, Calling It ‘Corrupt and Shameful’