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Producers Press Congress on Netflix-Warner Bros Deal
A consortium of leading film industry figures has urged the Congress to intervene, warning of a looming economic and institutional crisis in Hollywood if Netflix succeeds in acquiring Warner Bros Discovery.
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AI's Rise Stirs Excitement, Sparks Job Worries
The transformative effects of artificial intelligence dominated discussions at the Reuters NEXT conference in New York, with panelists concentrating on how it may upend work , and job growth , sidestepping concerns about an AI bubble.Artificial intelligence represents the...
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US 2025 Layoffs Top 1M Amid Restructuring, AI Cuts
Announced layoffs by U.S. employers pushed the year's total further past 1 million in November, as companies trimmed payrolls amid restructuring, growing use of artificial intelligence, and tariff pressures, consulting firm Challenger, Gray & Christmas reported.
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3 High-Yield Communications Stocks for Safe Dividends
Companies within the communications services sector are often a favorite of income investors, as many telecom stocks boast high dividend yields. Even better, many of these high yields are quite safe as they are well covered by cash flow.
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Indexes End Near Flat, Dragged by Amazon
U.S. stocks closed near the unchanged mark Thursday, as investors weighed a report on the labor market and other economic data, while equities drew support from elevated hopes for a Federal Reserve interest-rate cut next week.
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2025 Toyota Sienna Platinum AWD: Efficiency, Comfort, and Smart Utility
The minivan market may not grab headlines like SUVs and EVs, but it remains essential for families and transportation-focused businesses. Toyota understands this better than most, and the 2025 Sienna Platinum AWD reflects that insight.
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Treasury Fines Company $7.1M for Sanctioned Oligarch Ties
The Treasury Department has fined a New York property-management company $7.1 million on Thursday for violating Russia-related sanctions and failing to report blocked assets.
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Netflix Is the Highest Bidder for Warner Bros
Netflix has put in the highest bid among suitors for Warner Bros Discovery, a source told Reuters Thursday, upping the ante in a deal that could reshape the media industry.
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3 High-Yield Monthly Dividend Stocks
Most stocks that pay dividends, do so on a quarterly basis. Some companies pay dividends on a semi-annual or annual schedule. But for investors looking for more frequent payouts, monthly dividend stocks may be appealing.
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Prediction Markets Just Minted a New Billionaire
Luana Lopes Lara isn't a pop star. She didn't launch a fashion brand. And she didn't build a viral app.Instead, she built a financial market for betting on the future.
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How States Quietly Tax Drivers Year After Year
Most Americans assume that once you buy your car, pay the sales tax, register it, and keep up with routine fees, you've met your financial obligations as a vehicle owner.
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US Probes Waymos Illegally Passing School Buses
A U.S. agency said Thursday it has asked Waymo to answer more questions after Texas officials said the Alphabet unit's self-driving vehicles had illegally passed school buses 19 times since the start of the school year.
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Smart 529 Moves for Families With Several Children
New Tax Law Makes 529 Plans Better, Broader, and More Flexible Than Ever
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Paramount Accuses Warner of Unfair Sale Process
Paramount Skydance has accused Warner Bros Discovery of running an unfair sale process that favors Netflix over other bidders, CNBC reported Thursday, citing a letter sent by the newly merged media company.
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Stellantis CEO: Hybrids a Top Priority for US Market
Stellantis CEO Antonio Filosa said Thursday the automaker is focusing on hybrid production in the U.S. market, a shift from his predecessor's focus on fully-electric models.
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Luigi Mangione Hearing Resumes on Anniversary of UnitedHealthcare CEO's Killing
A high-stakes hearing in the New York murder case against Luigi Mangione resumed Thursday, a year to the day after prosecutors say he gunned down UnitedHealthcare CEO Brian Thompson.
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Markets Approve as Trump Hints as Hassett for Fed Chair
When US President Donald Trump publicly refers to someone as a "potential Fed chair," markets pay attention. They did so again this week when Trump, speaking at the White House, appeared to signal that Kevin Hassett has emerged as his preferred choice to lead the Federal...
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Stocks Open Higher as Investor Mull Fed Rate Cut
Wall Street's main indexes opened slightly higher Thursday as investors parsed a fresh batch of labor market data to gauge the odds of a much-anticipated Federal Reserve interest rate cut when it meets next week.
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NY Times Sues Pentagon Over Press Restrictions
The New York Times sued the Pentagon early Thursday, claiming the War Department's new restrictions on reporting about the military violate reporters' constitutional rights.
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Meta Cutting Up to 30% of Metaverse
Meta is preparing to dramatically scale back its metaverse ambitions, with the company planning cuts of up to 30% across its virtual-reality division as it shifts focus toward more immediate, AI-driven revenue opportunities, Bloomberg reports.
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RBC: Economy, Stocks Set for Continued Growth
U.S. stocks and the broader economy appear positioned for continued growth heading into 2026, though several major hurdles must be cleared for the bull market to persist, according to RBC Wealth Management's Global Insight 2026 Outlook released Thursday.
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Unemployment Claims Fall to 191K, Lowest Since Sept. 2022
The number of Americans filing new applications for unemployment benefits dropped to the lowest level in more than three years last week, allaying fears of a sharp deterioration in labor market conditions and potentially arguing against another interest rate cut from the...
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Chicago Fed: Unemployment Holds Steady at 4.4%
The U.S. unemployment rate was unchanged around 4.4% in November, the Chicago Federal Reserve estimated Thursday, while closely watched data from a private provider added to the evidence that the U.S. labor market is slowly weakening.
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Challenger: US Planned Job Cuts Fall 53% in Nov.
Layoffs announced by U.S. employers fell sharply in November, but hiring intentions continued to lag as businesses navigated an uncertain economic environment against the backdrop of tariffs on imports and slowing demand.
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Mark Cuban Seeks Trump's Backing for Drug Fee Relief
Billionaire Mark Cuban has urged the Trump administration to waive the hundreds of thousands of dollars in regulatory fees required for generic drug approvals, he told Reuters on Wednesday.Cost Plus Drugs, an online pharmacy Cuban launched to sell drugs directly to...