(Reuters) - A special committee of the Paramount Global's board agreed to recommend a deal with Skydance Media, the Wall Street Journal reported on Friday, citing people familiar with the matter.
A potential deal could end months of speculation over Paramount's fate. Reports on takeover offers from Skydance Media and a consortium of Apollo Global Management and Sony Pictures, as well as a $30 billion bid from media entrepreneur Byron Allen, has left... (continue reading...)
(Reuters) - Tesla shareholders will vote on June 13 to ratify CEO Elon Musk's $56 billion pay package that was voided by a Delaware judge in January. Also coming up is the re-election of directors, including Musk's younger brother, Kimbal. Usually seen posing in a cowboy hat, Kimbal's bio on the Tesla website says he is an entrepreneur, activist and a chef.
HERE ARE A FEW FACTS ABOUT HIM:
* Born a year after Elon Musk, Kimbal... (continue reading...)
BEIJING (Reuters) - Chinese Vice Foreign Minister Ma Zhaoxu urged the United States to refrain from "smearing" China and to stop imposing "abusive" sanctions on Chinese companies at talks this week in Washington, China's foreign ministry said on Friday.
Ma met U.S. Deputy Secretary of State Kurt Campbell and deputy national security adviser Jon Finer on Thursday, a day after the U.S. accused Beijing's leadership of supporting Russia's war in Ukraine... (continue reading...)
(Reuters) - Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported on Friday citing sources familiar with the matter.
Shares of the company jumped 15% after the report.
The size of Icahn's stake in the company could not be learned, the report added.
Last month, the casino operator, which runs Caesars Atlantic City and Caesars Palace, missed market expectations... (continue reading...)
By Dawn Chmielewski
LOS ANGELES (Reuters) -Paramount Global's co-CEOs, CBS chief George Cheeks, MTV's Chris McCarthy, and film studio head Brian Robbins, will lay out their strategy next week, said an executive who spoke on condition of anonymity on Friday.
The trio will host the town hall for its staff on June 5, according to an email seen by Reuters on Friday. The all-hands meeting follows Paramount's annual shareholder meeting on... (continue reading...)
More Reuters
View Older Stories-
German police shoot knifeman who attacked far-right rally
-
Giuliani should be disbarred over election case, DC ethics board says
-
US FDA staff raises concerns over data from MDMA-based PTSD therapy
-
US refiners boosting fuel output past 90% of capacity for summer driving season
-
US CFPB sues student loan servicer for illegal collections
-
World unprepared for another pandemic as WHO treaty talks push on
-
Trump says he will appeal guilty verdict in hush money case
-
France's Socialists snap at Macron's heels ahead of European election
-
South Africa's Ramaphosa badly weakened by ANC election slump
-
Spanish police investigate whether hackers stole millions of drivers' data
-
Humble fern from New Caledonia boasts world's largest genome
-
Polish news agency probably hit by Russian cyberattack, minister says
-
US targets enablers of Iran's drone production in sanctions action
-
Nvidia set to overtake Apple as world's second-most valuable company
-
Senator Joe Manchin leaves Democrats, says US 'politics are broken'
-
Kremlin shrugs off D-Day snub, ministry says West wants to 'erase' Red Army role
-
Japan's DMM Bitcoin says over $300 million of cryptocurrency lost
-
Texas top court won't guarantee right to abortion in complicated pregnancies
-
Israel's Gantz at the crossroads over challenge to Netanyahu
-
US equity funds hit by outflows on rising yields, rates uncertainty
-
Restrictions on UniCredit eased in Russian lawsuit
-
European shares rise after US inflation data keeps Fed rate cut hopes alive
-
Polish farmers demand less interference from EU ahead of vote
-
Temu will have to comply with tougher EU online content rules, EU says
-
Blinken says Washington approved use of US weapons by Ukraine inside Russia
-
Move to faster settlements for US securities has gone smoothly, SEC chair says
-
Fed seen more likely to cut rates in Sept after PCE data
-
How Credit Suisse evolved until its merger with UBS
-
US agency seeks more details on self-driving Zoox crashes
-
Journalist challenges rule banning hijab in French press card photos
-
Greece and Italy deny report on US plan to resettle migrants
-
Trump's foreign allies lambast conviction, others keep their counsel
-
Ukraine using Western arms to strike inside Russia 'a question of time', says Zelenskiy
-
April PCE inflation not too hot, or cool
-
Geneva's annual motor show to end after more than a century
-
India's fast economic growth lays firm ground for next government
-
Canada June rate cut bets rise after first-quarter GDP miss
-
Philippines' Marcos slams illegal actions in South China Sea
-
EU's Vestager says more European Chips Act approvals coming soon
-
Ex-leader Zuma's populist party becomes top disrupter in South Africa vote
-
US inflation up moderately in April, consumer spending weakens
-
US imposes visa restrictions on Chinese, Hong Kong officials, State Dept says
-
Global equity funds record first outflows in five weeks amid rising U.S. yields
-
Who is Xochitl Galvez, the maverick opposition candidate seeking Mexico's presidency?
-
Mexico's Sheinbaum: from activist to climate scientist to presidential frontrunner
-
Egypt extends crackdown on Gaza activism with student arrests
-
Explainer-What happens next in South Africa after ANC loses majority?
-
US Treasury No. 2 warns China over support for Russia
-
Deutsche Bank sees slightly lower fixed income revenue in Q2
-
Finland, Estonia call for increased defence spending to ward off Russia
