Paramount Global to merge with Skydance Media
Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.
Alain Sherter is a senior managing editor with CBS News. Based in New York City, he leads a team of reporters and editors with CBS MoneyWatch, which covers issues including business, financial and economic news. Previously, he covered the technology, health care and other industries as a news reporter and editor for media companies including Thomson Financial, Dow Jones and The Deal.
Paramount Global, the owner of Paramount Pictures and CBS, will merge with a media company founded by David Ellison.
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year.
Chicken Soup for the Soul, which once surged on the strength of nurturing content, tumbled deeper into debt after buying DVD provider Redbox.
Ice cream maker Totally Cool said the recalled products could be tainted with listeria, which can cause serious and sometimes fatal infections.
Riding the AI revolution, Nvidia has surpassed Microsoft and Apple to become the next Big Tech powerhouse.
Tyson Foods suspends Chief Financial Officer John R. Tyson after his second alcohol-related arrest since 2022.
GameStop, a "meme stock" embraced by retail investors, said it lost $32.3 million in its latest quarter.
U.S. economy added 701,000 fewer jobs last month, but experts say the damage is much worse.
President said Fed has no "feel" for the market, while Treasury Secretary seeks to reassure investors that banks are fine
With the flooring retailer still reeling following a "60 Minutes" report, company founder says it will show products are safe
Beleaguered electronics retailer sees its stock price vaporize as the Big Board suspends trading
Attorney charged with reviewing compensation claims for crashes linked to faulty part ups the death toll
Deal is largest federal settlement stemming from lending boom that led to epic housing crash
Want to know why the U.S. recovery is still spinning its wheels a full five years after the recession officially ended? Start here