Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue.
Category Archives: business
As home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
People looking to buy or sell a home this spring are paying close attention to mortgage rates.
Asian Americans on TikTok are calling out a ‘SoCal Asian’ superiority complex
Asian American TikTok users have weighed in on a question posed on a recent podcast: Do “SoCal Asians” have a superiority complex?
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Older Americans are fueling a sustained boost to the U.S. economy. Benefiting from outsize gains in the stock and housing markets over the past several years, they are accounting for a larger share of consumer spending.
Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
Amazon says it is getting even more packages to customers in one day or sooner, a metric the e-retailer is promoting to customers as it faces heightened competition in online shopping.
U.S. pushes for Gaza cease-fire, seeing narrow window for a deal before Israel’s attack on Rafah
There was renewed hope for a cease-fire deal between Israel and Hamas in Gaza, as the U.S. pushed for an agreement that would head off an assault on Gaza Rafah.
Supreme Court rejects Elon Musk’s challenge to SEC agreement to vet his social media posts
The Supreme Court rejected tech billionaire and Tesla CEO Elon Musk’s challenge to the terms of an agreement he reached with the SEC that required a layer to review some of his social media posts.
What is re-commerce, and how can it save you big bucks?
There is a new type of store growing in popularity that sells brand-name goods at a fraction of the retail price. It’s called re-commerce and gives a second chance for returned items, products in damaged boxes or things that were just overstocked. NBC’s Vicky Nguyen reports for TODAY.
Tornado leaves small Oklahoma town completely devastated
The small town of Sulphur, Oklahoma, with a population of nearly 5,000 people took a devastating hit as tornadoes broke out across the Midwest and South. NBC’s Jesse Kirsch reports and TODAY’s Al Roker tracks the latest forecast.
Elon Musk makes surprise visit to Beijing as Tesla’s China-made cars pass key regulatory hurdles
Local Chinese authorities have removed restrictions on Tesla cars after the company’s China-made vehicles passed the country’s data security requirements.