Skydance executives are open to the creation of an internal ombudsman for CBS News to assuage Trump administration concerns over bias and most of all, to gain approval for its merger with Shari Redstone’s fading media empire Paramount Global, On The Money has learned. The ombudsman concept — essentially a layer of management ensuring that … Read more
A 1987 video of a Ronald Reagan radio address — in which the then president slams tariffs and advocates for free trade — has gone viral with a certain subset of bankers and business executives, sources told NYNext. One source revealed that Jamie Dimon, CEO of JPMorgan Chase, has been sharing the video internally with … Read more
Prepare to be air-mazed! Delta Air Lines revealed plans to revolutionize air travel with a new fighter jet-style passenger plane that aims to lower emissions and fuel costs – and could take flight as early as 2027. The airliner is partnering with JetZero, a California-based startup, to bring the innovative and sustainable blended-wing-body aircraft to … Read more
On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it struggled to compete in the macroeconomic environment. The Tex-Mex chain, owned by Argonne Capital Group, filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Northern District of Georgia earlier this week after reportedly shuttering 40 locations. According … Read more
Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the buyout firm said on Thursday, closing out nearly a century of trading on public markets for the US pharmacy giant. Sycamore will pay $11.45 per share, a premium of 8% to the stock’s closing price of $10.60 on Thursday. Shares of the company … Read more
Treasury Secretary Scott Bessent staunchly defended President Trump’s tariffs on Thursday, arguing that trade policy should focus less on getting the lowest possible prices and more on putting America first. “Access to cheap goods is not the essence of the American dream,” Bessent said during a speech to the Economic Club of New York. “The … Read more
President Trump said Thursday that he would “probably” extend the deadline for a sale of China-owned TikTok if terms aren’t reached before a 75-day window for negotiations expires on April 5. Trump has until that day to find a buyer for TikTok after issuing an executive order delaying enforcement of a federal ban by 75 … Read more
Pop icon Harry Styles could soon bring his boa-clad act to the Las Vegas Strip — with an extended residency at James Dolan’s Sphere, The Post has learned. The “Watermelon Sugar” singer and former One Direction member is in final negotiations to do as many as 35 shows at the state-of-the-art music mecca that could … Read more
Female small business owners feel more fulfilled than women who are working a 9-5 for someone else, new research suggests. That’s according to a survey of 500 female small business owners and 500 aspiring female entrepreneurs, which found that fulfillment isn’t just professional, it also spills into their personal lives. Results found that 91% of … Read more
A Delaware judge ruled that Paramount Global’s $8 billion merger with Skydance Media can move forward — but still left the door open for a last-minute, rival bid that insiders say could derail the deal. Kathaleen McCormick, the chief judge of Delaware’s Chancery Court, denied a request by New York City’s pension funds to block … Read more