Finance
Paramount Skydance launched a hostile takeover bid for Warner Bros Discovery on December 8, 2025. The company offered shareholders $30 per share in all cash. According to NBC News, this values the entire company at $108.4 billion. The bid came just days after Netflix announced its deal to acquire
Finance
According to CNBC, Costco reported earnings per share of $4.50 on Thursday, December 11, surpassing analyst expectations of $4.27. The warehouse retailer generated revenue of $67.31 billion for its fiscal first quarter ended November 23, exceeding the $67.14 billion projected by LSEG analysts. Net income reached
Finance
McDonald's removed an artificial intelligence-generated Christmas advertisement in the Netherlands on December 10 after criticism on social media. According to Yahoo Finance, the 45-second commercial titled "the most terrible time of the year" showed Santa in traffic and a cyclist falling in snow. The message encouraged
Finance
The European Commission opened an antitrust investigation into Google on Tuesday over the company's use of online content for artificial intelligence purposes. CNBC reports that regulators are examining whether Google breached EU competition rules. The probe focuses on content from web publishers and videos uploaded to YouTube. EU
Finance
Paramount Skydance launched a hostile takeover bid for Warner Bros Discovery on Monday. The company offers $30 per share in cash for all outstanding shares. This values the entire company at $108.4 billion. According to CNBC, Paramount went directly to shareholders after Warner Bros Discovery rejected previous offers. The
Finance
According to CNN, the container ship Istanbul Bridge completed a maiden voyage through the Northern Sea Route in September 2025. The vessel traveled from China to Europe in 18 days. This journey reduced typical transit times by more than half compared to the Suez Canal route. The ship carried cargo
Finance
The New York Times filed a copyright infringement lawsuit against Perplexity AI on December 5, 2025. According to CNBC, the suit was filed in the Southern District of New York. The newspaper accuses Perplexity of unlawfully scraping its content to power the AI startup's search products. The complaint
Finance
The European Commission fined X €120 million ($140 million) on Friday for breaching transparency requirements under the Digital Services Act. According to CNBC, this represents the first non-compliance decision issued under the legislation adopted in 2022. The penalty targets three specific violations: deceptive design of the platform's paid
Finance
According to CNBC, Micron Technology announced on December 3, 2025, it will exit the consumer memory business. The company plans to discontinue its Crucial brand. Shipments will continue through February 2026. Sumit Sadana, Micron's business chief, stated the company made this decision to support larger strategic customers in
Finance
The Prada Group completed its acquisition of Versace on December 2, 2025, in a deal valued at 1.25 billion euros, or approximately $1.4 billion. According to NBC News, the Milan-based luxury group received all required regulatory clearances to finalize the purchase from Capri Holdings. The transaction brings together
Finance
Bitcoin and Ethereum fell on Monday as digital assets resumed their recent sell-off. According to CNBC, Bitcoin dropped to around $84,305 by 11:25 a.m. ET, a decline of nearly 8%. Ethereum fell approximately 10% to $2,732. Solana decreased about 10% to around $124, while other tokens
Finance
According to CNBC, China's manufacturing purchasing managers' index rose to 49.2 in November from 49.0 in October. The National Bureau of Statistics released the data on Sunday, November 30, 2025. The reading matched economist forecasts in a Reuters poll but stayed below the 50-point threshold