David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon, the official convention of Cinema United, in Las Vegas, Nevada, April 16, 2026.Caroline Brehman | ReutersA new movie every 11 days? That's what Paramount's David Ellison is promising after clearing a path this week for his...
Year: 2026
Appeals court rules that states can regulate Kalshi’s sports prediction markets, dealing another legal blow to platforms
The 6th U.S. Circuit Court of Appeals ruled on Friday that states have a right to regulate sports-related event contracts on prediction market platforms, marking a second major legal defeat for the industry as a fight at the U.S. Supreme Court looms. In a unanimous decision, the three judge panel said...
China saw ‘surprise’ jump in U.S. orders ahead of Trump-Xi summit, private survey shows
SHENZHEN, CHINA - AUGUST 30: A man stands on the waterfront overlooking MSC and Ocean Network Express (ONE) container ships berthed beneath gantry cranes at Yantian Port on August 30, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty ImagesAmerican businesses ramped up orders for...
Why McDonald’s is following Walmart and Amazon into the advertising business
McDonald's on Wednesday announced plans to create its own media network, following in the footsteps of retail giants like Amazon and Walmart. In August, 450 of its company-owned U.S. restaurants began displaying advertising for other companies on its digital drive-thru order boards as part of a pilot. It is early...
Meta’s Muse reignites AI disruption fears. Traders are targeting this brokerage stock as next casualty
Meta's latest consumer AI product is sending such big shockwaves through the market that it's even inflaming a long-time rivalry in the brokerage business between 55-year old investing giant Charles Schwab, and Robinhood, an icon of the post-Covid trading boom among young investors.Shares of Schwab fell 6% Tuesday, touching the...