California Attorney General Rob Bonta canceled a planned meeting with Paramount Skydance due to the company's alleged breach of confidentiality and misrepresentation during early settlement talks regarding its merger with Warner Bros. Discovery (WBD). Bonta leads a coalition of states suing to block the $110 billion merger on antitrust grounds, arguing it would create a dominant media giant. Paramount agreed to delay the deal's closing until June 2027 as the case heads to a trial scheduled for March. Bonta remains open to negotiations but demands substantial structural remedies from Paramount to resolve the lawsuit.
Comvita reported a net profit after tax (NPAT) of $7.7 million for the fiscal year ending June 30, 2026, marking a return to profitability. The company also significantly reduced its debt, normalized inventory levels, and restored positive cash flow....
Six months after the US and Israel launched combat operations in Iran, the conflict remains a stalemate with no clear resolution. The Trump administration has shifted from military action to economic pressure, including secondary sanctions, aiming to...
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
