Paramount Skydance on Tuesday completed its $110 billion acquisition of Warner Bros. Discovery, uniting the movie studios behind “The Godfather” and the “Harry Potter” films into a media colossus rebranded as Skydance. The merger also brings together the news outlets CBS News and CNN, major cable networks such as Comedy Central, Nickelodeon, TBS and TNT…
The California Supreme Court ruled Thursday that Riverside County Sheriff Chad Bianco violated the state’s election law by ordering his deputies to seize more than 650,000 ballots tied to the Proposition 50 special election. The justices ruled unanimously in two cases against Bianco, stating that he violated the law when he seized the ballots and also ignored…
A group of U.S. states has reached a deal with Paramount Skydance that addresses antitrust concerns over the media and entertainment company’s $110 billion acquisition of Warner Bros. Discovery. The deal with a coalition of 12 state attorneys general clears the way for Paramount, the parent company of CBS News, to complete its purchase of…
Meta, the owner of Facebook and Instagram, settled a landmark social media addiction lawsuit on Wednesday brought by dozens of states, according to a court filing. Meta agreed to pay up to $17 billion to the states that sued and add child-safety measures to its platforms. The settlement resolves claims filed by 47 states and…
Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…
A coalition of 25 states on Monday filed a lawsuit against the Trump administration, alleging that it exceeded its authority in imposing a new round of sweeping tariffs last month. The import duties, enacted under Section 301 of the Trade Act of 1974, target 60 economies with rates ranging from 10% to 12.5%. “This is President…
California’s High-Speed Rail Authority repeatedly missed key deadlines to buy its trains, a failure federal officials cited when they pulled $4 billion in funding a year ago. More than a year and a half after the original deadline, the authority still cannot say when it expects to award the contract. The state says that the…
Paramount Skydance will delay its planned merger with Warner Bros. Discovery until as late as June 2027 amid separate lawsuits filed by state attorneys general and the Writers Guild of America. The deal could be completed sooner if a federal judge rules on the lawsuits. The deal could close five days after the merits determination….
A U.S. district judge temporarily halted the Paramount Skydance-Warner Bros. Discovery merger on Monday, after a coalition of states sued to block the deal. The temporary restraining order will remain in effect for 14 days, with a hearing set for Aug. 3. The states’ lawsuit “presented compelling evidence that the combined firm resulting from the…
