Skydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari Redstone, following the latest offer from Apollo Global Management and Sony Pictures, according to a person familiar with the matter. The exclusivity window for discussions between David Ellison’s Skydance, backed by private equity firms […]Read More
America’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and a flagging interest in hiring more ‘knowledge-based’ professionals. The evidence can be found in the data, which shows a higher unemployment rate for professional and business services workers, and a lower one for people […]Read More
Sony Pictures and private equity firm Apollo Global Management have sent a letter to the Paramount Global board expressing interest in acquiring the company for about $26 billion, according to people familiar with the matter. The expression of formal interest comes as David Ellison’s Skydance Media, backed by private equity firms RedBird Capital and KKR, awaits word […]Read More
As protests over the Israel-Gaza war sweep college campuses, pro-Palestinian activists are ramping up plans for a major show of force at the Democratic National Convention in Chicago, increasingly worrying Democrats who fear the demonstrations could interfere with or overshadow their efforts to project unity ahead of the November election. If unruly protests unfold during […]Read More
President Biden on Friday gave the nation’s highest civilian honor, the Presidential Medal of Freedom, to 19 people — with recipients covering nearly every corner of American life, including former House speaker Nancy Pelosi (D-Calif.), Olympic champion Katie Ledecky, Academy Award winner Michelle Yeoh and, posthumously, civil rights leader Medgar Evers. This post appeared first […]Read More
NEW YORK — Hope Hicks, a former top aide to Donald Trump, appeared to break down crying on the witness stand Friday at Trump’s criminal trial, where she described campaign and White House efforts to keep a lid on scandalous stories about his past sex life. Her time on the stand marked a significant shift […]Read More
The United States has told Qatar that it should expel Hamas if the group continues to reject a cease-fire with Israel, an agreement the Biden administration deems vital to easing the upheaval gripping the Middle East, a U.S. official told The Washington Post. Secretary of State Antony Blinken delivered the message to Prime Minister Mohammed […]Read More
President Biden and top Democratic lawmakers in Washington distanced themselves from pro-Palestinian protests engulfing many college campuses this week, as Republicans work overtime to associate them with the chaotic scenes unfolding around the country ahead of the 2024 elections. The Democratic rebukes aimed at young protesters ranged from vague cautioning against violence to strongly-worded calls […]Read More
In Rep. Michael McCaul’s office, World War II artifacts and images are on display, such as a B-17 bombardier jacket belonging to his father that sits prominently on a shelf. The items are a nod to his father’s Air Force service in that war, but they now perhaps carry more weight and relevance than at […]Read More
Rep. Henry Cuellar (D-Tex.) and his wife allegedly accepted $600,000 in bribes from an oil company controlled by the Azerbaijan government and a bank headquartered in Mexico, according to a federal indictment unsealed in Texas on Friday. The 68-year-old congressman and his wife, Imelda Cuellar, are accused of setting up front companies that entered into […]Read More
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