Twelve States Sue to Block Paramount's Warner Takeover
A filed complaint is not an injunction, and social feeds already call the deal dead or done — but the court has not yet defined a single market.
Business
IBM Warns of a Quarterly Miss and Drops 23 Percent
IBM's own preliminary numbers drove a 23 percent selloff, and the segment detail that would show whether the miss is temporary or structural is exactly what has not been released yet.
Regulators Turn Deportation Risk Into Underwriting Guidance
Three bank regulators told lenders to price deportation into repayment risk, giving banks a supervisory reason to tighten credit for unauthorized borrowers without ordering any account closed.
Regulators Call Unauthorized Borrowers Systemic Without a Count
Three regulators called lending to unauthorized workers a system-wide risk, but with no count of accounts or loans, banks get a deportation-default warning and no denominator to size it.
Paramount-Warner Complaint Alleges One-Third Control
If the one-third figures survive a market-definition fight, a single owner sets terms for theaters and cable carriers; if they don't, the states' freeze bid collapses.
Warner's September Fee Now Runs Beside State Litigation
A 12-state suit to freeze the Paramount-Warner deal now runs alongside a Sept. 30 fee trigger and a $7 billion break fee, so which clock expires first decides the outcome, not the headlines.
SK Hynix Swings to Its Largest Seoul Loss
SK Hynix's 15.4% Seoul drop is the same price tape that Friday's debut pop rode, and neither move tells you whether HBM4 yields or ships.
Nasdaq Corrects the SK Hynix Ticker Calendar
The SK Hynix symbol switched to SKHY on Monday and Tuesday is only settlement, so anyone trading the calendar off a fresh-listing rumor is a day late on a database chore, not a re-IPO.