Group 1 - Prominent New York investor, Standard General, has been approached regarding the acquisition of all or part of Warner Bros Discovery's cable television business [1] - The potential acquisition includes significant assets such as CNN [1]

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Many CFOs and their teams are diligently preparing to close the 2025 books while collaborating with cross-functional business partners to ensure a strong 2026 kick-off. Our calendars are jam-packed with professional extracurriculars like bank-sponsored economic updates, CPA “Big Beautiful Bill” sessions and other networking events. Hopefully, we are still prioritizing quality ...

The dollar was trading steady as investors await the release of U.S. inflation data for November.It will be the first reading since the record-long government shutdown ended last month. The month-on-month changes for November won't be released as October data are missing due to the shutdown. The data are due at 8:30 a.m.U.S. weekly jobless claims data today will also be closely monitored. Federal Reserve Governor Christopher Waller told CNBC interest rates remain too high for a slowing jobs market while the ...

The expectations of a lower US Consumer Price Index reading triggered notable institutional inflows and wild token volatility for the crypto ecosystem. Firstly, US-based spot Bitcoin exchange-traded funds saw a net inflow of $457.3 million on Wednesday, Dec. 17, according to data from Farside. Fidelity’s FBTC and BlackRock’s IBIT led the inflows, each worth $391.5 million and $111.2 million, respectively. On the other hand, spot Ethereum ETFs recorded a net outflow of $22.4 million, their fifth-consecut ...

Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, once again reignited the debate surrounding Microsoft Corp. (NASDAQ:MSFT) co-founder, Bill Gates‘ massive wealth, and what it could have been, had he not conformed to conventional wealth planning norms.Bill Gates Could Have Been ‘World’s First Trillionaire’On Wednesday, in a post on X, investor Michael Arouet highlighted the current top 10 richest people in the world, a list that no longer includes the Microsoft co-founder but does featur ...

Group 1 - AT&T has faced significant pressure over the years, leading to skepticism among investors regarding the company's future prospects [1] - The current forward price-to-earnings (FWD P/E) ratio for AT&T is notably low compared to the broader U.S. market, indicating potential undervaluation [1]

Core Insights - British consumer confidence and spending are subdued as the Christmas season approaches, indicating a challenging retail environment for companies like Currys [1] - The recent government budget did not provide significant support to boost consumer spending, further impacting the retail sector [1] Company Insights - Currys, an electrical retailer, has expressed concerns regarding the muted consumer confidence and spending patterns, which could affect sales performance during the critical holiday season [1] - The company's leadership highlights the need for more effective government measures to stimulate consumer spending [1]

Core Viewpoint - BP has made a sudden leadership change, with CEO Murray Auchinloss resigning immediately after serving less than two years in the position [1] Group 1 - The abrupt leadership shift indicates potential instability within BP's management structure [1] - The resignation of the CEO may impact investor confidence and the company's strategic direction moving forward [1] - This change comes at a critical time for BP, as the company navigates challenges in the energy sector [1]

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Dover Fueling Solutions has launched 4CourtMedia, a retail media network designed for DFS’s fuel dispensers, the company announced on Tuesday. The network, which will operate primarily on Wayne Ovation fuel dispenser screens, will deliver multimedia content to customers while they fuel up their vehicles. It is available on more than 13,000 screens ac ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. SoFi Bank launched its own stablecoin, SoFiUSD, on Thursday, on the public blockchain. The launch makes good on plans SoFi had alluded to last month when it launched SoFi Crypto, its cryptocurrency trading product for retail customers. The challenger bank said at the time that it had a stablecoin in the works, and that it planned to integrate crypto into its lending ...