Economy

Edgar Bronfman, Jr. Cameron Costa | CNBC Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved with the company if the Paramount special committee accepts his consortium’s […]

Meta said Friday that it blocked a “small cluster” of WhatsApp accounts linked to an Iranian hacking group that was targeting officials associated with President Joe Biden and former President Donald Trump. The company said in a blog post that the bogus WhatsApp accounts appeared to originate from the Iranian threat actor dubbed APT42, which […]

The U.S. Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a monopoly that harms millions of renters. RealPage “allows landlords to manipulate, distort, and subvert market forces,” the Justice Department said in a civil complaint in U.S. District Court in North […]

The National Women’s Soccer League and its players have signed a new collective bargaining agreement that raises players’ minimum salaries and eliminates the draft — making the NWSL the first professional sports league in the U.S. to grant unrestricted free agency to all players. Instead, newcomers to the league will get to choose from among […]

Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters CoreWeave CEO Michael Intrator reinforced the company’s plans to spend on growth to feed demand for its infrastructure following its first earnings report […]

Walmart on Thursday fell just short of quarterly sales estimates, as even the world’s largest retailer said it would feel the pinch of higher tariffs. Even so, the Arkansas-based discounter beat quarterly earnings expectations and stuck by its full-year forecast, which calls for sales to grow 3% to 4% and adjusted earnings of $2.50 to […]

UAE President Sheikh Mohamed bin Zayed Al Nahyan (R) welcomes U.S. President Donald Trump upon arrival at the presidential terminal in Abu Dhabi on May 15, 2025. Anadolu | Anadolu | Getty Images The U.S. and United Arab Emirates are partnering on a massive artificial intelligence campus touted as the largest such facility outside the […]

A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% […]

TORONTO — Canada has quietly become a global leader in digital assets. Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years, while U.S. lawmakers remain stuck in gridlock — even with a pro-crypto White House […]

Jaap Arriens | Nurphoto | Getty ImagesElon Musk said Saturday that Twitter users will only be able to read a certain number of posts per day due to “extreme levels of data scraping” and “system manipulation” on the platform.The Tesla and SpaceX CEO, who is executive chairman and CTO of Twitter, said the limits are… […]