Category : Markets

Markets

Netflix co-CEO Ted Sarandos faces Senate hearing over massive $72B Warner Bros takeover deal

Stewart Kerr
Netflix co-CEO Ted Sarandos is set to testify on Tuesday before a Senate panel scrutinizing how the streaming giant’s proposed $72 billion acquisition of Warner Bros Discovery would impact competition in the entertainment industry’s streaming segment. Sarandos will testify alongside Warner Bros. Chief Revenue Strategy Officer Bruce Campbell as the executives......
Markets

Wells Fargo becomes first major bank to relocate wealth operations headquarters to Florida

Stewart Kerr
Another major financial giant is planting its flag in Florida. Wells Fargo confirmed to Fox News Digital that it is moving its wealth management headquarters to West Palm Beach, underscoring a growing exodus of money and corporate influence from traditional financial hubs to low-tax, business-friendly states. The relocation makes Wells......
Markets

Hilton cuts ties with Minnesota hotel owner after DHS, ICE agents allegedly denied service

Stewart Kerr
Hilton Hotels announced on Tuesday that it was ending its relationship with an independently owned Minneapolis-area hotel after a newly released video appeared to confirm that the property was still refusing to accommodate Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) agents. The decision came shortly......