Read More

Paramount-Skydance Merger Talks Heat Up

Paramount Global (PARA) & Skydance Media are moving towards a $5B merger, led by David Ellison's Skydance & private equity firms. Ellison to be CEO, ex-CEO to leave. Alternative options explored. Apollo & Sony in talks for buyout. PARA stock up 9.9% to $12.04.

APO

Read More

Southwest Airlines May Ditch ‘Open Seating’ To Make More Money From ‘Premium Seating’ Options

Southwest Airlines mulls assigned seating and premium options to cater to younger flyers, signaling a significant departure from its historic open seating policy. CEO Bob Jordan underscores the importance of aligning with evolving customer expectations, potentially marking the airline's most substantial adjustment since 1971.

IYT