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Paramount closes $8 billion merger with Skydance after settling ’60 Minutes’ lawsuit

Renamed “Paramount Skydance Corp”, the company’s Class B shares will start trading on the Nasdaq under the ticker symbol PSKY from Thursday.

TOPSHOT - In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Sergei BOBYLYOV / POOL / AFP) (Photo by SERGEI BOBYLYOV/POOL/AFP via Getty Images)

Trump imposes additional 25% tariff on India for purchasing more Russian oil, bringing total levies to 50%

President Donald Trump signed an executive order on Wednesday imposing an additional 25% tariff on Indian goods, citing India’s continuous purchasing of Russian oil. This raises the total tariffs on Indian imports to 50%.

A McDonald's Quarter Pounder hamburger and coke, are seen in an illustration picture taken in New York City, U.S., October 24, 2024. REUTERS/Brendan McDermid/File photo

McDonald’s global sales top estimates as affordable meal options boost demand

McDonald’s second-quarter global comparable sales beat Wall Street estimates, as affordable meal bundles and promotions drew in budget-conscious diners.

Apple to pledge $100 billion for US manufacturing, White House official says

Apple said it would spend $500 billion in U.S. investments that will include a giant factory in Texas for AI servers while adding about 20,000 research and development jobs.

State Dept. to roll out program requiring certain foreigners seeking business or tourism visas to post refundable bond

The U.S. State Department is launching a nearly 12‑month pilot program beginning August 20th requiring some B‑1/B‑2 tourist and business visa applicants from select countries to post refundable bonds of $5,000, $10,000, or $15,000.

(L) KERRVILLE, TEXAS - JULY 11: President Donald Trump and Texas Governor Greg Abbott participate in a round table event at the Hill Country Youth Event Center to discuss last week's flash flooding on July 11, 2025 in Kerrville, Texas. Trump traveled to Texas one week after flash flooding along the Guadalupe River swept through cities, mobile home parks and summer camps, killing 120 people. Ninety-six of those killed were in Kerr County, where the toll includes at least 36 children. (Photo by Chip Somodevilla/Getty Images) / (Background) SACRAMENTO, CALIFORNIA - JULY 25: California Gov. Gavin Newsom looks on during a news conference with Texas lawmakers at the Governor’s Mansion on July 25, 2025 in Sacramento, California. California Gov. Gavin Newsom met with Texas lawmakers to push back on Texas's redistricting maneuver that aims to tilt the outcome of the 2026 midterm elections and on how California plans to respond. (Photo by Justin Sullivan/Getty Images)

Source: Calif. Dems consider slashing 5 GOP U.S. House seats, countering Texas

California Democrats are weighing a proposed redistricting plan that could significantly diminish Republican representation in the state’s congressional delegation, potentially eliminating up to five GOP-held seats. The initiative also seeks to fortify Democrat incumbents in key battleground districts.