Boeing to plead guilty to criminal fraud, Paramount agrees to Skydance merger: Yahoo Finance

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Jerome Powell,Capitol Hill,Federal Reserve

The Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are heading into the first full trading week of July off fresh new highs. Monetary policy is in focus...

) are heading into the first full trading week of July off fresh new highs. Monetary policy is in focus this week as Federal Reserve Chair Jerome Powell is set to testify on Capitol Hill as Wall Street braces for June’s Consumer Price Index report. Boeing will plead guilty to criminal fraud for violating a 2021 agreement reached after two deadly 737 MAX crashes. After a months-long battle, Paramount to buy a company that tells a good story to... -- Taiwan Semiconductor Manufacturing Co.

Former president Donald Trump has long favored strict tariffs on imported goods, which could lead to much higher prices on items that are cheaper to source overseas. To help soften the blow to...This week’s economic highlights include the June consumer price index, the first batch of second-quarter earnings, and Fed Chair Jerome Powell’s semiannual report to Congress.

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients.

X has faced financial pressures since Elon Musk's takeover, and tensions are reportedly rising between him and CEO Linda Yaccarino.Amidst a stable regulatory environment in the financial sector, as evidenced by Visa and Mastercard's commitment to maintain capped tourist card fees, the Singapore market presents intriguing opportunities.

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Entertainment giant Paramount agrees to a merger with SkydanceEntertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun' and “The Godfather” has agreed to merge with Skydance, the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Paramount Board’s Special Committee Approves Skydance MergerDavid Ellison inched closer to an acquisition of Paramount Global, the owner of MTV and CBS, as a special committee of the company’s board blessed a merger with his Skydance Media, according to a person with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Paramount Agrees to Skydance Merger, Marking End to Redstone EraParamount Global, the parent of CBS and MTV, agreed to merge with Skydance Media, handing control of a major Hollywood studio to independent producer David Ellison and ending one of the messiest and most dramatic merger deals in recent history.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Skydance Media Reaches Preliminary Paramount Merger AgreementIndependent film and TV producer Skydance Media has reached a preliminary agreement to buy Shari Redstone’s National Amusements Inc. and merge with Paramount Global, the parent of CBS and MTV, according to a person with knowledge of the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »