Markets ended marginally lower on Tuesday, weighed down by a sharp reversal in the rupee after it touched a record low and weak broader market sentiment, with nearly two-thirds of traded stocks declining and 196 scrips hitting 52-week lows. The BSE Sensex closed at 84,559.65, down 120.21 points or 0.14 per cent, after opening higher at 84,856.26. The NSE Nifty fell 41.55 points or 0.16 per cent to settle at 25,818.55, after touching an intraday high of 25,902.40. Of the 4,328 stocks traded on the BSE, 2,761 ...

Warner Bros. Discovery is advising its shareholders to reject a hostile takeover bid by Paramount in favor of its original agreement with streaming giant Netflix https://t.co/iV8hNqVjDw ...

Warner Bros. Discovery today urged shareholders to reject Paramount‘s hostile $108 billion takeover proposal, saying Netflix‘s previously accepted offer remains superior. In a 3-page letter, WBD laid out its concerns about a number of aspects of Paramount’s offer. One of its primary issues is the repeated insistence by Paramount that its offer is backstopped by the Ellison family fortune. Larry Ellison, the father of Paramount CEO David Ellison, is a financial backer of the transaction and, as co-founder o ...

US stocks broadly rose on Wednesday, poised to backtrack on a string of recent slumps as oil surged, Oracle shares slid, and investors continued to debate what the latest jobs data means for Federal Reserve policy and the US economy. The S&P 500 (^GSPC) and on the tech-heavy Nasdaq 100 (NQ=F) moved up nearly 0.2%. The Dow Jones Industrial Average (^DJI) added 0.3%, after US stocks finished mixed in Tuesday's session.  Also in focus, Oracle (ORCL) stock sank after the Financial Times reported that privat ...

Trump can still do right by the economy, shareholders and even Hollywood. ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with the global simulcast. Carol Massar Tim Stenovec.They join us from the radio room as we welcome all of our audiences across all of our platforms, including our partnership with YouTube. An interesting day in the market. But Carol, I do want to start with that breaking news that we got a little while ago.Just a few minutes ago here, Warner Brothers Discove ...

Breaking: Warner plans to tell shareholders to reject Paramount’s latest offer and recommend they support its existing deal with Netflix instead https://t.co/b9eacXChYg ...

YouTube is a big winner because the biggest competition that Netflix and everyone else in the media industry faces is from YouTube, which has about twice the viewing time spent than Netflix does in any given month. And this deal, whoever ends up with this prize, so to speak, is not in any stronger position visav YouTube, whose popularity is powered by content creators, not classic studio produced traditional content. And this whole deal begs that question.And you could argue that for a lot less money, Netfl ...

Howard Stern and Sirius XM Holdings have renewed the famed shock jock’s contract for three years, extending a relationship that’s been in place for nearly two decades https://t.co/Vs4F6Cu4de ...

The majority stake of the Los Angeles Lakers was sold this year in a deal that valued the team at $10 billion. Star forward Lebron James (23) is pictured here. (Gina Ferazzi / Los Angeles Times) As the end of 2025 approaches, it is abundantly clear this has been a year hot with big media and sports deals. And it's a trend that should spill into the new year. Consulting firm PwC (formerly Price Waterhouse Coopers) on Tuesday released its annual outlook for deal activity in the media and telecommunications ...