Warner Bros. Discovery Shareholders Approve Paramount Deal
The vote brings the tech scion David Ellison one step closer to uniting some of the world’s biggest news and entertainment properties.
Oil Prices Rise Amid Uncertainty Over Next Steps in War
Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
As U.S. Brands Stumble, China Wins Over Young Indonesians
A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods.
Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
Investors Fret Over Tesla’s $25 Billion A.I. Bet
Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
Controversies and Production Issues Around ‘Michael,’ the Jackson Biopic, Explained
Reshoots, reluctant studios and family holdouts: the production faced many issues. But now the box office is expected to be huge.
Tesla Profit Rises but Remains Below Earlier Highs
The company is investing in robots and self-driving taxis that are not yet generating significant sales.
Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
Heidi O’Neill will join the maker of yoga pants and other athletic clothing in September.
Former Employee Sues MrBeast’s Company, Alleging Harassment
The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims.
Trump Administration Nears Loan Deal to Rescue Spirit Airlines
The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years.
Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.