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Paramount Board Weighs Removing CEO Amid Sale Talks, WSJ says
Paramount Global’s board is considering removing Chief Executive Officer Bob Bakish and putting the company under a committee of top executives while it weighs a possible sale, the Wall Street Journal reported, citing people familiar with the matter.
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US Shale Drilling-Rig Usage Plunges by Most in Five Months
The US shale-oil sector experienced the biggest plunge in drilling activity in more than five months as explorers keep a tight hold on spending.
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Tech Fund Invested in SpaceX, OpenAI Sinks After 1,000% Surge
A closed-end fund that holds shares of private technology firms like Elon Musk’s SpaceX, OpenAI and Epic Games Inc. has been mostly defying gravity since its debut a month ago, until now.
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Guinea Lawmakers Approve WA-LNG Group $3 Billion Gas Project
Lawmakers in Guinea’s transition administration approved an agreement signed last year between the government and West Africa LNG Group, meaning a potential $3 billion investment in liquefied natural gas import infrastructure.
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Top Argentine Officials to Meet PBOC Governor Next Week
Argentina’s Central Bank President Santiago Bausili and Finance Secretary Pablo Quirno are scheduled to meet with People’s Bank of China Governor Pan Gongsheng in Beijing as soon as Monday, amid negotiations over an $18 billion swap line, according to a person with direct knowledge.
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Crude Flows Through Pipelines Signal Slow US Output Growth
Physical crude oil flows in pipelines across the US are flat compared with last year, underscoring estimates that oil production will grow little in 2024, according to research firm Wood Mackenzie Ltd.
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Here’s how that iPhone survived a 16,000-foot drop from the Alaska Airlines plane
Back in January, a fully intact iPhone was discovered along the side of the road after plummeting 16,000 feet when…
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8 Things To Know Before Jumping Into Another Crab’s Treasure
The ocean’s a dangerous place, but we’re here to give you a fighting chance
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Kaiser Health System Sent Private Patient Data to Tech Giants
The giant California-based health plan Kaiser Permanente said its websites and apps may have inappropriately sent members’ private information to tech giants including Alphabet Inc., Microsoft Corp. and the social media company X.
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US Reverses on Plan to Ban Menthol Cigarettes, WSJ Reports
President Joe Biden’s administration is backing away from a plan to ban menthol cigarettes, the Wall Street Journal reported, citing people familiar with the matter.
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