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Jakub Porzycki | Nurphoto | Getty ImagesWarner Bros. Discovery shareholders approved the company’s proposed merger with Paramount Skydance in a preliminary vote on Thursday, bringing a buzzy sale process one step closer to the finish line. Paramount has offered $31 per share for the entirety of Warner Bros. Discovery — its cable TV networks like TNT, CNN and Discovery Channel as well as its streaming service HBO Max and the Warner Bros. film studio. That proposal was the result of several offers since September and a bidding war with Netflix and Comcast. In late February, Paramount’s upped offer to $31…
Voya Financial shares rise on activist investor pressure for sale Source link
Anthropic caused a stir among developers with what appeared to be a surprise change to its pricing plan: The company signaled that Claude Code, the popular agentic development tool, would no longer be available to subscribers on the $20-per-month Pro plan. Users took to Reddit and X to point out that Anthropic’s pricing page for Claude explicitly showed Claude Code as not supported in the Pro plan. (It remained in the $100/month+ Max plan.) Some new users signing up for Pro subscriptions were unable to access Claude Code. Meanwhile, existing subscribers saw no interruption. After speculation and frustration spread, Anthropic’s…
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz.U.S. Navy | Getty ImagesPresident Donald Trump on Thursday said he has ordered the U.S. Navy “to shoot and kill any boat” that is laying mines in the Strait of Hormuz.”There is to be no hesitation,” Trump wrote in a Truth Social post.The president added that he is ordering U.S. minesweepers to continue…
Comcast topped Wall Street’s revenue and earnings estimates for the first quarter on Thursday, lifted by NBC’s sports slate in February and improving broadband customer losses. The company said it lost 65,000 broadband customers compared with 183,000 losses in the same period last year. Heightened competition from wireless providers like Verizon and T-Mobile has led to quarterly customer losses for Comcast and its cable peers in recent years – which has weighed on these companies’ stocks in particular. In response, Comcast in the last year has shifted its strategy and introduced more competitive pricing packages in a bid to reduce the broadband…
Portugal asks Air France-KLM and Lufthansa for binding TAP bids Source link
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. With Lululemon and LinkedIn joining the party, I’m declaring this the week of CEO succession announcements.Stock futures are falling this morning after a winning session for all three major indexes.Here are five key things investors need to know to start the trading day:1. Back to the topn this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade…
This position was echoed by Little, who told MPs: “My view is that due process was followed… because the process as I’ve outlined to the committee, is that UKSV make a recommendation, and the Foreign Office make a decision as to whether to grant DV [developed vetting].” Source link
Australia, Queensland, Brisbane Central Business District, Mary Street rental car agencies competing signs Avis Budget rent.Jeff Greenberg | Universal Images Group | Getty ImagesThere’s a ‘CAR’ crash on Wall Street and it’s reminding some traders of GameStop.Shares of Avis Budget Group, ticker ‘CAR,’ soared from under $100 last month to a record high near $850 in early trading Wednesday before a sharp U-turn lower intraday. The stock closed down 38% and was down another 6% in premarket trading Thursday. The shares were last trading around $417 a share.Options volume was surging with over 200,000 contracts trading Wednesday and implied volatility…
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020.BEN STANSALL | AFP | Getty ImagesLONDON — British energy major BP suffered a shareholder revolt at its annual general meeting on Thursday, following a tense clash with investors over corporate governance and climate transparency.As the energy major pivots back to its core business of oil and gas and away from renewables, it failed to get majority shareholder approval on two highly anticipated motions, which would have permitted online-only AGMs and retired two company-specific climate disclosure obligations. Each resolution required a 75%…