Paramount Skydance is considering expanding Bari Weiss's editorial oversight to include CNN if its acquisition of Warner Bros. Discovery is approved. Weiss, currently CBS News editor-in-chief, could gain significant influence by overseeing editorial operations for both CBS News and CNN. Paramount is also exploring candidates to manage business operations alongside Weiss, including notable media executives like Mark Thompson and Cesar Conde. The merger, valued at about $110 billion, is expected to close in Q3 2026 pending regulatory approval, with Weiss's leadership role seen as a key part of the new combined news operation's strategy.
Investment banks Scotiabank and Bernstein have lowered their price targets for Comcast due to increased competition from new players like SpaceX's Starlink and valuation risks. Comcast is also undergoing a major strategic shift by spinning off its NB...
Kevin Warsh's appointment as the new Federal Reserve chair in June has altered the bond market landscape by removing forward guidance and increasing data dependence, which may add volatility. Corporate bond spreads remain historically tight, especial...
