(Reuters) -Paramount Global said on Friday it expects to complete its merger with Skydance Media by August 7, following government approval for the $8.4 billion deal.
Skydance CEO David Ellison is prepared to assume the helm at Paramount, home to the venerable Paramount Pictures, the CBS broadcast network, and a collection of cable television channels.
The new chief executive already is confronted with questions from investors about the... (continue reading...)
By Jamie McGeever
ORLANDO, Florida (Reuters) -- TRADING DAY
Making sense of the forces driving global markets
By Jamie McGeever, Markets Columnist
I'd love to hear from you, so please reach out to me with comments at . You can also follow me at @ReutersJamie and @reutersjamie.bsky.social.
For the S&P 500 and Nasdaq, the week ended on Friday as it began on Monday: new highs on growing confidence that... (continue reading...)
By David Shepardson
WASHINGTON (Reuters) -President Donald Trump and the Federal Communications Commission have vowed to force American broadcast media outlets to make significant changes.
CBS may be just the beginning.
"President Trump is fundamentally reshaping the media landscape," FCC Chair Brendan Carr told CNBC Friday. "The media industry across this country needs a course correction."
On Thursday, the FCC... (continue reading...)
TEGUCIGALPA (Reuters) -Over five years after the COVID-19 outbreak, Honduras has reinstated mandatory mask wearing in public spaces amid a spike in respiratory illnesses and as a variant of the virus spreads through the Central American country.
Honduras' health ministry confirmed two deaths from the virus this week, among patients with underlying health conditions, bringing the country's total in 2025 to six.
"We have already surpassed last... (continue reading...)
By Jan Wolfe
WASHINGTON (Reuters) -A federal judge in Massachusetts ruled on Friday that a nationwide injunction he issued in February that blocked President Donald Trump's executive order limiting birthright citizenship should remain in place.
In a written ruling, U.S. District Judge Leo Sorokin said his earlier nationwide injunction was the only way to provide complete relief to a coalition of states that brought the lawsuit before him,... (continue reading...)
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