Sony and Apollo’s Plan for Paramount: Break It Up
CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.
Apple’s New iPad Ad Leaves Its Creative Audience Feeling … Flat
An ad meant to show how the updated device can do many things has become a metaphor for a community’s fears of the technology industry.
Disney, Hulu and Max Streaming Bundle Will Soon Become Available
The offering from Disney and Warner Bros. Discovery shows how rival companies are willing to work together to navigate an uncertain entertainment landscape.
GM to Retire the Chevy Malibu to Make More EVs
The gasoline-powered Malibu was the last sedan sold by Chevrolet, the General Motors brand, in the United States.
Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
AstraZeneca Withdraws Covid Vaccine Worldwide, Citing Low Demand
The shot is no longer being manufactured or supplied, and it is no longer authorized for use in Europe.
Biden Looks to Thwart Surge of Chinese Imports
The president has proposed new barriers to Chinese electric vehicles, steel and other goods in an attempt to protect his manufacturing agenda.
Trial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’
The hedge fund is accused of borrowing money from banks to buy stocks.
TikTok’s Future in U.S. Depends on Bet on First Amendment
The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States.
New York Times Adds 210,000 Digital Subscribers in Quarter
Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier.
Hong Kong Court Bans “Glory to Hong Kong,” a Pro-Democracy Song
The decision could give the government power to force Google and other tech companies to limit access to “Glory to Hong Kong,” an anthem of 2019 protests.
Norfolk Southern Faces Activist Investor Challenge
A year after a derailment in Ohio raised questions about rail safety, an investment firm is seeking to install new management in an effort to increase profits.
Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world, according to a report from the Semiconductor Industry Association.
Outage Causes Delays at U.K. Airports’ Immigration Checkpoints
Airport officials said Tuesday that a system outage affecting the Border Force’s immigration gates had caused long waits for passengers arriving in Britain. The issue was resolved early Wednesday.
FTX Customers Poised to Recover All Funds Lost in Collapse
Bankruptcy lawyers for FTX said that customers of the cryptocurrency exchange were set to get all their money back, plus interest.
Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader
Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.
Senators Seek to Curb Facial Recognition at Airports, Citing Privacy Concerns
A bipartisan group of lawmakers is pushing to add language to the reauthorization of the Federal Aviation Administration that would halt expansion of the technology.
Disney Reports Strong Earnings but Warns of Bumps Ahead
In a surprise, Disney+ made money for the first time in the latest quarter, but the company said it expected a slowdown in its parks division.
TikTok Sues US Government Over Potential Ban
The social media company and its Chinese parent, ByteDance, sued to challenge the new law, saying it violated users’ First Amendment rights.
The Blackstone Fund BREIT Faces Big Questions
Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals.