Business

Paramount Updates Warner Bros. Offer, Affirms Ellison Family Backing

Paramount Skydance amended its offer to buy Warner Bros. Discovery on Dec. 22, guaranteeing backing from Oracle billionaire Larry Ellison.

Musk Becomes First Person Worth $700 Billion After Court Restores Tesla Pay Package

Musk became the first person in history to amass a net worth exceeding $700 billion after a Delaware court reinstated a massive Tesla compensation package.
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Musk’s Starlink Says It Lost Communication With One of Its Satellites

Musk’s satellite and internet provider Starlink lost contact with one of its satellites and will work with NASA to monitor the objects it released.

Trump Media to Merge With Nuclear Fusion Company TAE in $6 Billion Deal

Trump’s media company, TMTG, signed an agreement to merge with nuclear fusion firm TAE Technologies in an all-stock transaction valued at $6 billion+.

Farmers React to USDA Allocating $700 Million for Regenerative Agriculture

For generations, White Oak Pastures farmed conventionally. In the 1990s, Will Harris shifted to regenerative methods emphasizing healthy soils.

Watchdog Finds 9 Large US Banks Actively Engaged in Debanking

An OCC review found nine major banks engaged in debanking activities, according to preliminary findings in a report released Dec. 10.

USA Rare Earth Accelerates Plans for Commercial Rare Earth Production

USAR says early pilot results prompted faster plans to begin commercial rare-earth mineral production at its Round Top mine in West Texas.

GE Vernova Moves to Boost Yttrium Stockpiles as China’s Rare Earth Controls Bite

GE Vernova is partnering with the U.S. government to strengthen domestic yttrium reserves amid global shortages tied to China’s export restrictions.