Twelve States Sue to Stop Paramount-Warner Takeover
Twelve states asked a court to block Paramount's $81 billion Warner takeover, but nothing is frozen yet; read "sued to stop" as "stopped" and you miss that the deal can still close.
Business
Vermont Dairy Farms Miss the National Protein Boom
A national protein boom reads as a dairy windfall, but Vermont loses $8.65 on every 100 pounds of milk as processors build in Texas and shutter four plants at home.
Regulators Turn Deportation Risk Into Lending Guidance
Federal regulators just handed every loan officer a blessed reason to deny credit by immigration status, and no one is counting who gets turned away.
Regulators Cite Systemic Risk Without Borrower Data
Three federal regulators brand loans to unauthorized borrowers a systemic risk, yet no one counts how many such borrowers exist or whether they actually default.
States Allege Paramount-Warner Would Control Two Markets
Twelve states say a Paramount-Warner tie-up would raise prices and shrink Hollywood's slate; feeds argue over who owns CNN, not the movie count or your cable bill.
Warner Deal's September Fee Meets State Litigation
Twelve states sued to block Paramount's $81B Warner takeover, and every quarter past Sept. 30 costs a 25-cent-per-share ticking fee against a $7B kill fee.
SK Hynix Suffers Its Largest Seoul Loss
SK Hynix's 15.4% Seoul crash lands three days after a $26.5 billion debut, and whether it's the AI trade breaking or a repricing rides on whether June's 68% revenue jump holds.
Jury Convicts Analog Devices Employee on Iran Exports
A Boston jury convicted an Analog Devices engineer of illegal Iran exports, but the judge barred any link to the drone that killed three U.S. troops in Jordan.