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Warner Bros Discovery board rejects hostile bid from Paramount

In Today’s News

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Republican infighting on healthcare erupts in US House as subsidy expiration approaches

WASHINGTON, Dec 17 (Reuters) – An expanded U.S. federal healthcare subsidy that grew out of the pandemic looked all but certain to expire ⁠on December 31 as Republican leaders on Wednesday faced a rebellion within their ranks in support of a Democratic-backed extension of the “Obamacare” benefit.By a vot …

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Warner Bros Discovery board rejects hostile bid from Paramount

In a letter to shareholders, disclosed in a regulatory filing, the board wrote that Paramount had “consistently misled” Warner Bros shareholders that its $30-per-share cash offer was fully ⁠guaranteed, or “backstopped,” by the Ellison family, led by billionaire and Oracle co-founder Larry Ellison.”It doe …

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Featured Article

Exclusive-Google works to erode Nvidia’s software advantage with Meta’s help

The effort is part of Google’s aggressive plan to make its Tensor Processing Units a viable alternative to Nvidia’s market-leading GPUs. TPU sales have become a crucial growth engine of ⁠Google’s cloud revenue as it seeks to prove to investors that its AI investments are generating returns.But hard …

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Gold Has Surged Past $4,000 and Savvy Investors Are Reaping Monthly Rewards! [sponsor]
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Other Headlines

US gaming platform Roblox pledges changes to get Russian ban lifted

LONDON, Dec 17 (Reuters) – U.S. gaming platform Roblox is willing to make changes to some ⁠of its features in Russia, it said on Wednesday, as it seeks to overturn a ban imposed on it earlier this month.  Communications watchdog Roskomnadzor announced the ban on ⁠December 3 on grounds of child …

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The $36 Trillion Vegas Meeting You Weren’t Invited To [sponsor]
 A secret meeting just took place in Las Vegas. Inside exclusive sky suites at the Aria Resort, Wall Street executives gathered behind closed doors. They aren’t warning the public. They’re positioning themselves for what’s coming. By the time you see the headlines, it will be too late. But there’s still time – if you act now. Watch this controversial video now, and send it to everyone you know.

Blackstone leads investment in data-security firm Cyera at $9 billion valuation, WSJ reports

Cyera, founded in 2021 and backed ‍by venture capital firms Sequoia Capital and Accel, has an artificial intelligence (AI)-powered platform.Existing investors plan to participate in the new investment ​round, the report said. Alternative asset manager Blackstone and Cyera did not immediately res …

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Gold Set to Skyrocket as Fed Slashes Rates [sponsor]
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Sweeping US defense bill passes, with Ukraine, Venezuela provisions defying Trump

WASHINGTON, Dec 17 (Reuters) – The U.S. Senate voted overwhelmingly on Wednesday to advance a $901 billion bill setting policy for the ⁠Pentagon, sending the massive piece of legislation to the White House, which has said President Donald Trump will sign it into law.The fiscal 2026 National Defense Autho …

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Trump’s Secret Social Security Plan? [sponsor]
 Social Security is in crisis. In less than 10 years, it could run out of funds-leaving retirees devastated. But former White House Advisor Jim Rickards says Trump’s next move could fix the system-and unleash a surprise wealth wave for investors. “It’s better than Social Security… it’s Social Prosperity,” Rickards says. And for those who prepare now? It could mean turning a crisis into a once-in-a-lifetime payday. For the full story, click here.

Analysis-Crypto investors show caution, shift to new strategies after crash

Dec 17 (Reuters) – The recent crypto market bust has left some investors more cautious, after hitting some of the hottest and most-hyped corners of ⁠the industry the hardest. It may also provide a boon to emerging strategies that seek to more actively manage risks.The universe of crypto investment altern …

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Discover the Hidden Gold Play Wall Street Is Ignoring [sponsor]
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Exclusive-US Fed terminates Citi notices that demanded bank improve risk controls, sources say

LONDON/NEW YORK, Dec 17 (Reuters) – The U.S. Federal Reserve has told Citigroup ⁠it has closed formal notices requiring the bank to fix trading risk management weaknesses, according to people with knowledge of the matter, a significant step in improving oversight and control deficiencies ⁠that have …

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