Business

EXCLUSIVE: There’s a lot of noise in town about Skydance Boss David Ellison and RedBird Capital making a go at Paramount Global, but via National Amusements. The Michael Redstone-founded, Norwood, Mass.-based exhibitor owns 77% of Paramount’s Class A (voting) shares. For anyone wanting to take control of Paramount Global, the trojan horse is by taking

Vodafone, EE, Three and O2 are facing a “£3bn-plus” class action claim that alleges they used their market dominance to overcharge on up to 28.2 million UK mobile phone contracts. The four largest network operators are accused of penalising loyal customers – meaning they paid more than new customers for the same services. Many contracts

EXCLUSIVE: Professional auto racer Patricio “Pato” O’Ward, who competes full-time in the NTT IndyCar Series, has signed with Range Media Partners. The signing comes off the heels of the recent announcement that O’Ward, the Arrow McLaren driver, was named a Formula One Reserve Driver for McLaren F1 for the upcoming 2024 season. As he speeds

Cash usage has grown for the first time in a decade as households look to balance their budgets amid the cost-of-living squeeze. Across the UK, coins and banknotes accounted for nearly a fifth (19%) of transactions in 2022, according to the British Retail Consortium (BRC) annual Payments Survey. Its report said: “This year’s Payments Survey

UPDATE: The debate ended with each candidate getting in a closing statement and revealing which previous president inspired them. Chris Christie answered that it is Ronald Reagan who, he noted, will be the topic of his next book, due in 2024. Nikki Haley said it is George Washington. Ron DeSantis said it is Calvin Coolidge

“The last thing I do before going to sleep at night is check the trains to see whether they’re running on time and then the first thing I do in the morning, before I reach for a cup of tea, is pick my phone up and check again. And then you can still get to

Andy Borowitz‘s satirical column in The New Yorker is coming to an end, as the publication has dropped the feature as part of cost cutting. Borowitz wrote on Facebook that “because of financial difficulties, The New Yorker has been forced to cut costs. As a result, it has decided to stop publishing The Borowitz Report.

Europe’s biggest travel operator has revealed that it may seek to pull out of the London Stock Exchange amid continuing questions over the City’s post Brexit future. TUI said that it could put the idea to a shareholder vote at its AGM next February. The German-based company revealed that it could seek to upgrade its

The European Union has bowed to demands from carmakers across Europe and the British government for a delay to the introduction of 10% export tariffs on electric vehicles. Brexit commissioner Maroš Šefčovič had initially refused calls to extend a trade deal deadline that, from January, 60% of a battery’s total value had to be sourced

The Bank of England has said that UK households and businesses have been “resilient” in the face of rising interest rates – but repeated previous warnings that the full effect of higher interest rates was yet to come through. Unveiling its latest Financial Stability Report – which is published twice yearly – the Bank said

Nearly three months after Charter Communications and Disney struck a landmark distribution deal, Charter CFO Jessica Fischer said it “absolutely” has created a template for future agreements. “We’re not willing to make our customers pay twice for content,” the exec said during an appearance at the UBS Media and Communications Conference in New York. “What

Thames Water has revealed an 18% rise in pollution incidents during the first half of its financial year. The country’s largest household supplier reported 257 category one – the most serious – to category 3 pollutions over the six months to the end of September. It said that action to prevent these incidents was a

A former Fox News employee claims in a new civil lawsuit that Tucker Carlson‘s top producer Justin Wells sexually assaulted him in 2008. The lawsuit was filed in federal court on Monday and cited New York’s Adult Survivors Act, which gave a one-year window for plaintiffs to file civil sexual abuse claims regardless of the

Israeli authorities are investigating claims some investors may have known in advance about the Hamas plan to attack Israel on 7 October and used that information to make hundreds of millions of pounds. Research by US law professors Robert Jackson Jr and Joshua Mitts, from New York University and Columbia University respectively, found significant short-selling

Disneyland Resort today released its calendar of special events planned in 2024. For a quick look at the highlights planned at both Disneyland and Disney California Adventure for next year, see the graphic below released by Disney. For details on each event, read on. All of this is taking place as the Resort opens Pixar Place

A new five-point plan to reduce immigration has been announced by the government, which includes banning care workers from bringing over their families and increasing the minimum salary for a skilled worker visa. Home Secretary James Cleverly has come under pressure since taking office three weeks ago to show he is taking a hardline on

Music streaming service Spotify will cut about 17% of its global workforce, becoming the latest big tech company feel the bite of the economy. The figure represents around 1,500 of the Sweden-based streamer’s 9,000 staff, as is the result of economic growth slowing “dramatically,” according to Spotify CEO Daniel Ek. Back in January, Spotify said

The CBI faces a deadline next September to refinance millions of pounds of funding put in place to avert its collapse during the autumn. Sky News has learnt that a seven-figure facility put in place with banks will expire at the end of the third quarter next year. While the size of the facility is

Film Liaisons in California Statewide (FLICS) has announced winners for the 28th annual California on Location Awards (COLAs), presented Friday at the Hilton Los Angeles/Universal City. More than 650 supporters of California-based productions attended this year’s awards ceremony, which recognizes exceptional location managers and teams, public employees, and production companies that help facilitate on-location filming