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Sony, Apollo Make $26 Billion All-Cash Offer for Paramount
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
Read MoreDisaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Fees.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.
Read MoreThe Universal Music-TikTok Spat Is Over. Here\'s What Artists Won.
The deal comes after their prior licensing contract expired, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.
Read MoreLayoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.
Read MoreFormer Pioneer CEO Is Accused of Trying to Collude With OPEC
The FTC alleges Scott Sheffield tried to coordinate on oil production and prices. The agency referred the case for a potential criminal probe.
Read MorePeloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
An activist investor had called for McCarthy’s ouster and for the fitness-equipment maker to sell itself.
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