Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday. Doing so would pave the way for Apollo and Sony to firm up their $26 billion offer and challenge a rival bid from David Ellison's Skydance Media. A special committee of Paramount's board that is evaluating the company's options allowed an exclusivity period to lapse in its deal discussions with Skydance last week.
President Trump announced Monday that he’s hiking tariffs against South Korea because the Korean Legislature has failed to enact a trade agreement reached with the US nearly six months ago. ...
Gov. Kathy Hochul is refusing to jump at the chance to help some of the state’s neediest students obtain crucial scholarships, critics gripe — but she's laying the blame on President Trump....