Business

Warner Bros. board tells shareholders to reject Paramount offer in favor of Netflix

Wednesday, December 17 by ABC News

(NEW YORK) -- The board at Warner Bros. Discovery Inc. said early on Wednesday that its members had unanimously recommended that shareholders reject Paramount... Read More.

Disney to invest $1 billion in OpenAI, permit use of characters on AI video generator

Thursday, December 11 by ABC News

(NEW YORK) -- The Walt Disney Company on Thursday announced plans to invest $1 billion in artificial intelligence company OpenAI, in a deal that... Read More.

Bids for Warner Bros. Discovery face uncertain Trump approval process, some experts say

Thursday, December 11 by ABC News

(NEW YORK) -- Paramount launched a hostile bid for Warner Bros. Discovery this week, just days after Netflix struck a deal to acquire the... Read More.

Divided Fed set to announce decision on interest rates

Wednesday, December 10 by ABC News

(WASHINGTON) -- The Federal Reserve is set to announce its latest adjustment of interest rates on Wednesday, potentially slashing borrowing costs for the third... Read More.

Paramount launches hostile bid for Warner Bros. Discovery

Monday, December 8 by ABC News

(NEW YORK) -- Paramount said Monday it is making a bid to acquire Warner Bros. Discovery, swooping in just days after Netflix announced... Read More.

Will AI ever make big profits? Experts weigh in as bubble fears loom

Friday, November 28 by ABC News

(NEW YORK) -- Fears of an artificial intelligence bubble have rattled the stock market in recent weeks and set off concern among critics about... Read More.

Black Friday online shopping expected to hit record high, data shows

Friday, November 28 by ABC News

(NEW YORK) -- Online shoppers set a record high on Thanksgiving, paving the way for gangbusters performance on Black Friday, Adobe data showed.Digital spending... Read More.

Gas prices near lowest level in 4 years ahead of Thanksgiving

Tuesday, November 25 by ABC News

(NEW YORK) -- Gas prices stand close to their lowest level in four years as tens of millions of people prepare to travel over... Read More.

Nvidia defies AI bubble fears but some analysts remain worried

Saturday, November 22 by ABC News

(NEW YORK) -- Blockbuster earnings from chip giant Nvidia this week appeared to rebuke concerns about an artificial-intelligence bubble, briefly ending a days-long slump... Read More.

Stocks rally after blockbuster Nvidia earnings, jobs report

Thursday, November 20 by ABC News

(NEW YORK) -- Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected Read More.