BUSINESS

All New U.S. Cars Must Carry Automatic Brakes by 2029

The technology is already sold on most vehicles, but a new federal safety regulation raises the standards.The technology is already sold on most vehicles, but a new federal safety regulation raises the standards. National Highway Traffic Safety Administration, Transportation Department (US), Alliance for Automotive Innovation, Traffic Accidents and Safety, Regulation and Deregulation of Industry, Brakes, Automobiles, […]

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Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger

Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger. Mergers, Acquisitions and Divestitures, Media, Appointments and Executive Changes, Cable Television,

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Skydance Offers Paramount a Merger Sweetener: A $3 Billion Cash Infusion

The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock. Media, Mergers, Acquisitions and Divestitures, Stocks and Bonds, Paramount Global, Skydance Productions LLC, Ellison, David

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A Strong U.S. Dollar Weighs on the World

Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation. Currency, Inflation (Economics), Interest Rates, US Dollar (Currency), Euro (Currency), Renminbi (Currency), Yen

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Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?

Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices. Banking and Financial Institutions, Federal Budget (US), United States Economy, Prices (Fares, Fees and Rates), Inflation (Economics), Stimulus (Economic), United States Read

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Taylor Swift’s ‘Tortured Poets’ Breaks Records With Blockbuster Debut

Only the Beatles have more No. 1 LPs now: The pop superstar reigns atop the Billboard 200 for the 14th time with the equivalent of 2.6 million album sales.Only the Beatles have more No. 1 LPs now: The pop superstar reigns atop the Billboard 200 for the 14th time with the equivalent of 2.6 million

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Elon Musk Reaches Deals in China on Self-Driving Teslas

Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company. Electric and Hybrid Vehicles, Regulation and Deregulation of Industry,

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Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race

Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft. Artificial

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