David Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed just weeks earlier. Controlling shareholder National Amusements has referred the deal to the Paramount special committee, according to people familiar with the matter. Paramount’s special committee is currently reviewing and voting on the deal, according to ...
A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions of dollars’ worth of the token to users — and it has investors worried. In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Gox will begin paying back thousands of users almost $9 billion worth of tokens. The platform went under in 2014 following a series of ...
When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun and easy, and Craft, a now 25-year-old FedEx driver from Mishawaka, Indiana, was busy getting her financial life in order and planning a wedding. Craft had her wages deposited directly into a Yotta account ...
DETROIT — General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020. Its EVs deliveries increased 40% compared to a ...
Although the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. And not everyone even wants a job at all. Some, referred to as “NEETs,” which stands for “not in employment, education, or training,” are opting out of the labor force largely because they are discouraged by their economic standing. Others, ...
Hungarian Prime Minister Viktor Orban is paying his first visit to Ukraine since Russia’s full-scale war began in February 2022, according to a Hungarian government spokesperson. “Viktor Orban arrived in Kyiv this morning to discuss European peace with President Volodymyr Zelensky,” spokesperson Zoltan Kovacs posted on X on Tuesday. Talks between the two leaders will focus on “possibilities for achieving peace, as well as ...
The Israeli military issued new evacuation orders on Monday for areas in southern Gaza including eastern Khan Younis and Rafah, forcing residents – many of whom were already displaced – to seek shelter elsewhere in what signals the possibility of another ground operation. The Gaza European Hospital in Khan Younis, one of the territory’s last standing hospitals and which falls within the evacuation zone, ...
The head of Gaza’s largest hospital has claimed he was repeatedly tortured during his seven months in Israeli detention, following his sudden release Monday, in a move that highlighted growing rifts in the Israeli establishment. Dr. Mohammed Abu Salmiya, the director of the Al-Shifa medical complex, who was arrested in late November during the first of two Israeli raids on the ...
Kathmandu, Nepal — A Nepali court sentenced a man who thousands believed was a reincarnation of the Buddha to 10 years in jail on Monday for child sexual abuse, a court official said. As a teenager, Ram Bahadur Bamjon had drawn international attention when in 2005 tens of thousands of people turned up to see the “Buddha Boy” sitting cross-legged ...
Ukraine has foiled an alleged plot to overthrow the government that “would have played into Russia’s hands,” security officials in the war-torn country said Monday. In a Telegram post, the Security Service of Ukraine (SBU) claimed the alleged coup organizers planned to trigger a riot in Kyiv on June 30 as a distraction to seize control of the Ukrainian parliament and remove ...
Thirty passengers injured after ‘strong turbulence’ forces Air Europa Boeing plane to land in Brazil
Thirty passengers were injured after a flight from Madrid to Uruguay was hit by “strong turbulence” and had to make an emergency landing in Brazil, Spanish airline Air Europa said on Monday. “Our flight UX045 bound for Montevideo has been diverted to the Natal airport (Brazil) due to strong turbulence,” Air Europa said in a post on X. “The plane ...
Israeli Prime Minister Benjamin Netanyahu said Monday the country’s military is nearing the “end of the stage of eliminating” Hamas’ army in Gaza. “I returned yesterday from a visit to the Gaza Division. I saw very considerable achievements in the fighting being carried in Rafah. We are advancing to the end of the stage of eliminating the Hamas terrorist army; ...