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Business

Warner Bros. Investors Seal Historic $110B Paramount Skydance Merger, Reshaping Hollywood’s Future

Business
Regulatory approval now stands as the final major hurdle for the largest media merger in a decade.The creative community and state attorneys general are mounting unusual opposition to the deal’s market dominance. Paramount’s stock dipped despite a rich premium offer,...

DOJ Antitrust Probe Threatens NFL’s $111 Billion Media Empire as Fan Costs Soar

Business
The Department of Justice is investigating whether the NFL’s exclusive media deals violate antitrust laws, potentially forcing a major restructuring of how games are broadcast. Consumers now face annual costs exceeding $1,000 to watch every NFL game across a fragmented...

John Furner Charts a Tech-Powered Future in His First Walmart Annual Report as CEO – CWEB Business News

Business
In a defining moment for the retail giant, Walmart Inc. (NYSE: WMT) has released its 2026 Annual Report, featuring the inaugural shareholder letter from new President and CEO John Furner. The report, issued alongside the company’s proxy statement in preparation for...

Cerebras Revives IPO Plans as OpenAI Commits $20B+ in Chip Deal with Equity Stake CWEB Business News

Business
OpenAI is set to spend over $20 billion on Cerebras AI chips while also securing a direct ownership stake in the chipmaker. Cerebras has secured a new $850 million credit facility and over $2 billion in recent private funding, fueling...

Eli Lilly Seizes $7 Billion Game-Changer in Next-Gen In Vivo Cancer Therapy CWEB Medical News

Business
Eli Lilly has locked in a landmark $7 billion acquisition of Kelonia Therapeutics to pioneer a new class of cancer treatment that reprograms immune cells entirely inside the patient’s body. The deal includes a $3.25 billion upfront payment, with up...

Meta Unveils ‘Muse Spark AI Model as Zuckerberg Pushes Toward Personal Superintelligence CWEB Business News

Business
Meta has officially entered a new era of artificial intelligence with the debut of Muse Spark, the first model in a next-generation series designed to bring what CEO Mark Zuckerberg describes as “personal superintelligence” to everyday users. Unlike traditional...

Apple Names John Ternus as Next CEO, Tim Cook Moves to Executive Chairman in Major Leadership Shift

Business
Apple has officially announced a historic leadership transition, ending months of speculation about who would succeed Tim Cook. John Ternus, a two-decade Apple veteran and current SVP of Hardware Engineering, will take the helm as CEO on September 1, 2026. Tim...

QVC and HSN Parent Flags ‘Substantial Doubt’ Over Future as 10-K Filing Delayed CWEB Business News

Business
QVC Group has yet to file its annual 10-K report for 2025, citing active lender negotiations that cloud its financial outlook. Management intends to disclose “substantial doubt” about the company’s ability to continue as a going concern. The delay...

Record Auto Loan Amounts Signal Strained Affordability in Q1 2026 $1,000 payments account for 20% of buyers

Business
New-vehicle buyers in Q1 2026 are taking on the largest average loan amounts in history. Consumers are stretching loan terms or rethinking down payments to keep monthly costs manageable amid record-high vehicle prices. Industry analysts point to the used market as...

Amazon Strikes $11.6 Billion Globalstar Deal to Supercharge Satellite Network Rivalry with SpaceX CWEB Business News

Business
Amazon’s acquisition of Globalstar positions it as a formidable challenger to Elon Musk’s Starlink in the race for space-based internet dominance. The $90-per-share deal hands Amazon critical spectrum licenses and satellite assets, accelerating its direct-to-device connectivity plans for 2028. A parallel...

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