Paramount CEO David Ellison warned top executives that the company will begin exiting California on October 1 if State Attorney General Rob Bonta does not negotiate a settlement for the antitrust lawsuit blocking its $111 billion merger with Warner Bros. Discovery. The lawsuit, led by Bonta and 20 other state attorneys general, challenges the merger on antitrust grounds related to film releases and cable programming, with trial set for March 2027. Paramount faces a $7 million daily fee starting October 1 if the merger is not closed, and Ellison has expressed frustration with the hostile environment in California, though he prefers not to relocate. The merger has been approved by federal and international regulators but remains contested in California courts.
Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...
Citigroup reported Q3 2026 earnings that exceeded analyst expectations, with EPS of $2.85 beating the $2.65 estimate and revenue of $23.8 billion slightly above forecasts. The bank's profit rose 40%, driven by exceptional fixed-income trading, invest...
State Street is set to report its Q3 2026 earnings with forecasts showing a 31.3% increase in earnings and 14% revenue growth, driven by strong net interest income and service fees. Despite record assets under management, higher operating and technol...
Restaurant Technologies, Inc. (RTI) released its 2026 Impact Report highlighting significant progress in sustainability and operational efficiency. In 2025, RTI recycled 393 million pounds of used cooking oil and delivered 719.4 million pounds of fre...
Over 60 companies are actively developing more than 65 medical marijuana therapies targeting conditions like chronic pain, neurological disorders, and cancer symptoms. Key drugs such as ZYN-002 and CardiolRx are in late-stage trials, with others in e...
