Breaking News: Business
McDonald’s will assess if franchisees are providing value under new standards
In Lisbon, Portugal, on January 12, 2025, people sit by a McDonald’s storefront. McDonald’s rolls out new value deals, like the McValue Menu, to combat economic challenges and attract budget-conscious customers, as global sales face pressure amid shifting consumer trends. Luis Boza | Nurphoto | Getty Images McDonald’s will soon assess its franchisees on how […]
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Paramount Skydance launches hostile bid for WBD ‘to finish what we started,’ CEO Ellison tells CNBC
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Paramount Skydance CEO […]
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Trump says Netflix, Warner Bros. deal ‘could be a problem’; he’ll be involved in approving
U.S. President Donald Trump poses on the red carpet for the 2025 Kennedy Center Honors at the John F. Kennedy Center for the Performing Arts in Washington, D.C., U.S., December 7, 2025. Jeenah Moon | Reuters President Donald Trump expressed skepticism on Sunday night about Netflix‘s proposed acquisition of parts of Warner Bros. Discovery, saying […]
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United maintains elite status requirements for 2027, but here’s what’s changing
A traveler speaks to an agent at the United Airlines desk at O’Hare International Airport in Chicago, Illinois, on November 25, 2025, ahead of the upcoming Thanksgiving holiday. Kamil Krzaczynski | Afp | Getty Images United Airlines is joining Delta Air Lines in holding steady its requirements to earn elite frequent flyer status next year […]
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Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market
Packets of Walls Cornetto, Magnum and Ben & Jerry’s ice cream are displayed on March 20, 2024. John Keeble | Getty Images News | Getty Images Magnum Ice Cream Company, now the world’s largest standalone ice cream business, debuted on the Amsterdam stock exchange on Monday. The stock opened at 12.20 euros, slightly below its […]
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Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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Trump administration waives $11 million fine for Southwest Airlines’ 2022 holiday meltdown
A Southwest plane and baggage carts at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Monday, Dec. 27, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Trump administration said it will forgive the last $11 million of a civil fine against Southwest Airlines that stems from the carrier’s 2022 holiday meltdown that […]
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India warns IndiGo of regulatory action and takes action to cap airfare surge
India’s aviation watchdog on Saturday warned airline IndiGo of regulatory action after it canceled thousands of flights over the last week, stranding passengers and forcing government action to limit a surge in airfares caused by the crisis. The country’s biggest airline, IndiGo canceled the flights because of a shortage of pilots after it failed to plan […]
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From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion
Jodie Foster, Billie Perkins, and Robert De Niro perform a scene in Taxi Driver directed by Martin Scorsese in 1976 in New York, New York. Michael Ochs Archives | Moviepix | Getty Images In the dwindling days of the California gold rush, the wife of a local miner faced a problem. Her husband’s denim work […]
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The regulatory path ahead for a Netflix and Warner Bros. deal could get dicey
Logos of Netlfix and Warner Bros. Reuters The Netflix and Warner Bros. Discovery deal came together quickly — but its path to regulatory approval may not be so speedy. Netflix stunned the media industry on Friday when it announced its proposed $72 billion deal to acquire the iconic Warner Bros. film studio and streaming service […]
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