Recently, CNBC’s David Faber reported that Paramount and Skydance have finalized the terms of a merger that could potentially be announced in the upcoming days. This merger involves a buying consortium led by David Ellison’s Skydance, with the support of private equity firms RedBird Capital and KKR, reaching an agreement with a special committee at
Jeep is planning to increase its U.S. sales of plug-in hybrid electric vehicles (PHEVs) by up to 50% this year, positioning the technology as a transitional solution between traditional gas-guzzling SUVs and fully electric vehicles. This move comes in response to a slower-than-expected sales pace of electric vehicles (EVs) in the market. As part of
Moderna and Merck revealed groundbreaking data on their experimental vaccine for patients with advanced melanoma, presented at the American Society of Clinical Oncology annual meeting in Chicago. The combination of the vaccine and Keytruda therapy exhibited significant improvements in survival rates and long-lasting efficacy, offering hope to patients with this deadly form of skin cancer.
Monzo, the popular British challenger bank, has recently announced a major milestone in its financial journey. The fintech startup revealed that it achieved its first full year of profitability, marking a significant shift from previous years. The company reported pre-tax profits of £15.4 million ($19.6 million) for its 2023-2024 fiscal year. This positive outcome comes
Bunq CEO and founder Ali Niknam is optimistic about the digital bank’s chances of acquiring a banking license from UK financial regulators. Despite the uncertainties surrounding the regulatory processes in the UK as compared to Europe, Niknam remains hopeful that Bunq will receive the green light by the end of the year or early next
North Dakota Governor Doug Burgum is currently facing allegations of being part of a controversial deal with former President Donald Trump. According to reports, Trump supposedly promised to reduce regulations in the oil industry in exchange for financial support for his re-election campaign. However, Burgum vehemently denies these claims, stating that he was present at
When Kelly Harry first began her career as an account executive in ad sales in New York City, she was content with her $40,000 salary. However, a conversation with a coworker revealed that she was being significantly underpaid compared to her colleague’s $102,000 salary. This eye-opening moment made Harry realize the importance of recognizing her
The rise of financial advice on TikTok, also known as #FinTok, has gained significant popularity, especially among Generation Z. With limited access to professional advisors and a preference for seeking information online, Gen Zers are turning to social media platforms like TikTok, YouTube, and Instagram for financial tips and advice. According to a report by
In today’s unpredictable market conditions, investors often seek out dividend-paying stocks as a means of generating income and providing stability to their portfolio during challenging times. With a vast array of companies offering dividends, the task of selecting the right stocks can be daunting. One approach investors can take is to consider the recommendations of
The recent approval by the U.S. Securities and Exchange Commission of a rule change allowing for Ethereum exchange-traded funds has sparked a major shift in sentiment within the cryptocurrency market. Jan van Eck, CEO of VanEck, expressed his excitement over this development, calling it one of the most significant moments in his career within the