The late Pope Francis donated all his remaining money to a youth rehabilitation project inside a Roman prison in one of his final acts as the head of the Roman Catholic Church. Before his death last month, Francis withdrew all the money from his personal bank account to support a pasta factory that employs current and former…
With Paramount Global’s sale stuck before federal regulators and a potential settlement looming with President Trump in a dispute over CBS News’ “60 Minutes,” Paramount co-Chief Executive George Cheeks on Wednesday sought to project a sense of business as usual. Cheeks and CBS Entertainment President Amy Reisenbach unveiled the network’s new prime-time schedule for reporters…
WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection on Tuesday in a bid to cut its debt after Ozempic and other hugely popular obesity drugs upended its business model. Shares of the company, which once boasted of media mogul Oprah Winfrey as one of its top shareholders, slumped 40% in extended…
Hollywood executives scrambled Monday to interpret President Trump’s call for stiff tariffs on movies produced outside the U.S. — a bombshell proposal that would upend how movies have been made for years. Trump on Sunday night announced that he was authorizing a 100% tariff on movies “coming into our Country that are produced in Foreign…
Chevron CEO Mike Wirth issued a stark warning about the firm’s possible departure from Venezuela as a Biden-era license allowing the company to operate in the country is set to expire. Chevron, which is only allowed to export Venezuelan oil to the United States, has been under pressure from the Trump administration to halt drilling in the…
OMAHA — Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn’t use “trade as a weapon” and anger the rest of the world as he says President Trump has done with his tariffs that roiled global markets. “It’s a big mistake in my view when you have 7.5 billion people who…
Two-thirds of Americans currently feel behind on their savings goals, according to a new survey. The survey of 2,000 Americans, split evenly by generation, revealed 67% feel this way, with 47% also admitting they don’t believe they’ll “ever” reach their savings goals. This is likely due in part to respondents needing to take money out of…
Tesla board members reached out about a month ago to several executive search firms to find a successor to CEO Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. The current status of the board’s push, which, according to the report, was sparked by Musk’s heavy involvement with the Trump administration, could not be determined,…
As CBS-owner Paramount Global enters mediation this week to resolve President Trump’s $20-billion “60 Minutes” lawsuit, one question looms: How much should the company pay to settle a dispute that 1st Amendment experts have deemed frivolous? Paramount’s board during an April 18 meeting agreed on parameters for a possible settlement with Trump, according to two…
President Trump’s tariffs have sent the US agricultural industry into a “full-blown crisis” as canceled orders from China are forcing farmers to lay off workers or shut down their businesses, according to a trade group. China last week made its largest cancellation of pork orders since the COVID-19 pandemic in 2020, halting a shipment of…
