LONDON/TORONTO, Feb 8 – Swiss banking giant UBS (UBSG.S) maintained a long running financial relationship with Ghislaine Maxwell, managing millions of dollars for her and continuing to move funds even after the 2019 arrest of Jeffrey Epstein, according to a set of official documents made public by U.S. authorities. The material sheds new light on how … Read more
Jan 23 – U.S. President Donald Trump has filed a sweeping $5 billion lawsuit against JPMorgan (JPM.N) Chase and its longtime chief executive Jamie Dimon, accusing the banking giant of unlawfully shutting down his accounts for political reasons. The legal action has added fresh fuel to an already heated national debate over alleged “debanking,” a term … Read more
Jan 21 – For years, streaming promised freedom from expensive cable bills and endless channel surfing. Instead, many American households now find themselves juggling multiple subscriptions, rising monthly fees, and a growing sense of exhaustion from managing it all. Against this backdrop, the possibility of a major deal between Netflix (NFLX.O) and Warner Bros (WBD.O) has sparked … Read more
December 19 – Google (GOOGL.O) and Apple (AAPL.O) have quietly advised some of their employees who work in the United States on U.S. work visas to avoid international travel, warning that returning to the country could take many months, and in some cases close to a year. The guidance comes as US embassies and consulates around the … Read more
LOS ANGELES, Dec 17 – Warner Bros Discovery has firmly rejected a massive hostile takeover proposal from Paramount Skydance, setting the stage for one of the most intense corporate battles the global entertainment industry has seen in years. The Warner Bros Discovery board concluded that Paramount’s $108.4 billion bid failed to provide credible financial assurances and … Read more
LOS ANGELES/NEW YORK, Dec 5 – The story of how Netflix (NFLX.O) secured one of the most significant entertainment deals of the past decade began quietly, almost as an exploratory step, yet it evolved into a sweeping takeover that will reshape the future of global entertainment. What initially appeared to be a simple inquiry into the … Read more
November 29 – Asian carriers faced a turbulent start to the weekend as a major recall of Airbus (AIR.PA) A320 family aircraft forced flight cancellations, delays, and emergency rescheduling across the region. The recall, which affects about 6,000 aircraft worldwide, has created a domino effect that began in the United States earlier in the week and … Read more
November 18 – Facebook parent company Meta Platforms (META.O) overcame a major antitrust challenge when a federal judge declined to unwind its purchases of Instagram and WhatsApp, ruling that the company does not hold a monopoly over social media in the United States. The decision delivered a significant win for Meta and marked the first clear … Read more
LONDON/NEW YORK, Nov 10 – U.S. President Donald Trump has threatened legal action against the British Broadcasting Corporation (BBC) after the network admitted it made an “error of judgment” in editing a segment of his January 6, 2021 speech. The controversial edit, shown in a documentary aired on BBC’s Panorama program, allegedly portrayed Trump as … Read more
Nov 8 – As Thanksgiving draws near, major grocery chains like Walmart, Target, and Aldi are boasting about slashing the cost of traditional holiday meals. Their campaigns highlight budget-friendly feast options that seem lighter on the wallet than last year’s offerings. Yet behind the bold promises and cheerful advertisements lies a more complicated story—these savings … Read more