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22/09/2026
New Jersey Attorney General: The settlement agreement between Paramount and Warner Bros. Discovery (WBD.O) includes a commitment of at least an additional $1.5 billion to support domestic film production.
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25 m ago
Amazon Web Services (AWS): xAI's Grok 4.6 model is now available on the Amazon (AMZN.O) Bedrock platform.
25 m ago
Federal Reserve's Musalem said on Monday that the Fed may need to raise interest rates further to lower inflation, as demand remains strong and commodity price shocks have extended beyond the oil sector. He also stressed that the Fed would be better off acting sooner rather than waiting. Musalem said: "Persistent demand and recurring supply pressures are still exacerbating inflation risks. I believe that without further policy measures to curb inflation, inflation is likely to be significantly above our 2% target 18 months from now, rather than reaching the target level. I think policy must impose meaningful restraint on inflation. That way the Fed can achieve its inflation target in about a year and a half, allowing time for tightening policy to affect the economy." He also said: "An earlier, gradual policy tightening is more appropriate and less disruptive to the economy than larger and potentially more abrupt policy moves later in the future." Musalem pointed out that inflation "is not a risk; it is already here." Even after stripping out the effects of oil and other supply-related factors, underlying inflation could still be several percentage points above the Fed's target and "is moving in the wrong direction."
34 m ago
According to The New York Times: SB Energy has postponed its IPO.
36 m ago
Business Insider: Paramount CEO Ellison said the initial plan is to complete the deal with Warner Bros. Discovery (WBD.O) in about two weeks.
37 m ago
Paramount Skydance reached a settlement on Monday with the U.S. state of California and 11 other states, which had previously filed lawsuits to block the company's $110 billion acquisition of Warner Bros. Discovery (WBD.O), according to reports, paving the way for one of the largest media mergers in history. The California attorney general said at a press conference that the settlement includes bringing more film production back to the United Statesadding at least $300 million annually for domestic productionand agreeing to gradually increase the number of annual film releases after the deal closes. The agreement also includes that the company will produce 30 films per year in the first two years after the agreement, and 32 films per year in the following three years. At least four of these each year must be independent films, and at least 20% of the films must be blockbusters.
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