Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group’s UFC for seven years, beginning in 2026. Paramount is paying an average of $1.1 billion per year, totaling $7.7 billion, for UFC’s full slate of 13 marquee events and 30 “Fight Nights,” the companies said in a statement. All … Read more
Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House confirmed Monday, sparking debate about whether the move could impact the chip giants’ business and whether Washington might seek out similar deals. In exchange for the revenue cut, the two semiconductor companies will … Read more
The logos of Google Gemini, ChatGPT, Microsoft Copilot, Claude by Anthropic, Perplexity, and Bing apps are displayed on the screen of a smartphone in Reno, United States, on November 21, 2024. Jaque Silva | Nurphoto | Getty Images In the world of online payments, the buzzword these days is frictionless, as companies entice customers with … Read more
An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Joe Raedle | Getty Images Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes … Read more
President Donald Trump on Monday said he is placing the Washington, D.C., police department under federal control and deploying National Guard troops in order to address what he claims is out-of-control crime in the capital city. Trump, who has threatened to put Washington under federal control, made the announcement at a news conference at the … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on June 23, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images U.S. stocks were little changed early Monday, with the market once again on the cusp of all-time highs ahead of a week of … Read more
European stocks close mixed European stocks provisionally closed mixed, with the regional Stoxx 600 shedding 0.06%. London’s FTSE 100 was nearly 0.4% higher, France’s CAC 40 was down 0.6%, and Germany’s DAX was almost 0.4% lower. — Sawdah Bhaimiya World’s largest sovereign wealth fund reduces investments in Israel The world’s largest sovereign wealth fund, Norges … Read more
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Orsted shares crashed 30% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a “material adverse development” … Read more