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Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

A man walks past movie posters at at AMC Theater in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images Movie theater operators woke up Friday to the possibility of a new world order. Netflix and Warner Bros. Discovery announced a deal for the streaming giant to acquire WBD’s film […]

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval Read More »

Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs

Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs

Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt | Getty Images Southwest Airlines cut its 2025 earnings forecast Friday, citing a demand dip during the federal government shutdown, the longest ever. The carrier said it expects 2025 earnings before interest and taxes of about

Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs Read More »

8 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston and Nashville, Tennessee,

$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth Read More »

Netflix to buy Warner Bros. film and streaming assets in  billion deal

Netflix to buy Warner Bros. film and streaming assets in $72 billion deal

Warner Bros. Studios in Burbank, California, US, on Wednesday, Nov. 26, 2025. Warner Bros. Jill Connelly | Bloomberg | Getty Images Netflix announced Friday it’s reached a deal to buy Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets. The

Netflix to buy Warner Bros. film and streaming assets in $72 billion deal Read More »

Ulta shares pop as beauty retailer hikes sales and earnings outlook for second straight quarter

Ulta shares pop as beauty retailer hikes sales and earnings outlook for second straight quarter

An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty Images Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s expectations for the fiscal third quarter. The beauty retailer said it now expects net sales for the year to be approximately

Ulta shares pop as beauty retailer hikes sales and earnings outlook for second straight quarter Read More »

Starbucks Workers United holds rally in NYC as strikes continue for a third week

Starbucks Workers United holds rally in NYC as strikes continue for a third week

NEW YORK — Starbucks Workers United held a rally outside the Empire State Building on Thursday as its open-ended strike entered its third week and no signs of an impending resolution. Adding to the crunch of holiday shoppers and tourists, several hundred picketers gathered outside of the famous landmark, which is also the site of

Starbucks Workers United holds rally in NYC as strikes continue for a third week Read More »

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker

GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City. GM DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart. After roughly six months

GM’s new product chief Sterling Anderson eyes technology renaissance for automaker Read More »

Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter

Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter

A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness

Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter Read More »

Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets

Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets

General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California. Aaronp/bauer-griffin | Gc Images | Getty Images With more than a century of some of the most popular film and television content, it’s no wonder why Paramount Skydance, Comcast and Netflix are bidding for

Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets Read More »

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