Liz Moyer

Walt Disney has one less activist investor to deal with. Trian Partners’ Nelson Peltz has sold his entire stake in the entertainment giant, according to a person familiar with the matter. Peltz sold the stock at around $120 a share, the person confirmed to Barron’s. Disney shares closed down 1.5% on Wednesday at around $100.88.

Skydance is expected to pay $1.75 billion for National Amusements, the media company owned by Shari Redstone, and then merge with Paramount, The Wall Street Journal reports.

The New Popular Front was projected to get more seats in the National Assembly than President Emmanuel Macron's allies and the far-right National Rally.

The New Popular Front won more seats in the National Assembly than President Emmanuel Macron’s allies and the far-right National Rally.

The review comes after recent flights were observed dropping to low altitudes near Tampa and Oklahoma City.

Streaming subscription revenue rose by 12%, driven by subscriber growth and price increases for its Paramount+ platform.

The Justice Department says Google has a monopoly in ad tech, while the FTC says a merger of two fashion houses will raise prices.

The two films together brought in nearly $170 million in domestic box office sales in their opening weekend.

President Joe Biden signed a temporary funding measure into law Saturday, avoiding a federal shutdown after days of chaos on Capitol Hill.

Los Angeles continued to battle wildfires that have devastated communities, leading to 16 confirmed deaths in what California Gov. Gavin Newsom said Sunday could be the costliest natural disaster in U.S. history. Asked whether it will be the worst natural disaster in U.S. history, Newsom told NBC News on Sunday, “I think it will be in terms of just the costs associated with it, in terms of the scale and scope.” Newsom added that officials are using cadaver dogs to search for victims, and the death toll is likely to rise “a lot more.”