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Paramount credit downgraded to 'junk' status over debt worries
Paramount Skydance's jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase:
Call it the deal-debt hangover.
Two major ratings agencies have raised concerns about Paramount's credit because of the enormous debt the David Ellison-led company will have to shoulder — at least $79 billion — once ...Read more
Ticketmaster and Live Nation could be divorcing. What to know about the ongoing antitrust trial
After years of ticketing complaints and frustrations, the trial for the Department of Justice's antitrust lawsuit against Live Nation officially is underway.
As part of its case, the DOJ accused Live Nation of requiring music artists to use its promotional services when they play at one of its venues. Because so many venues are owned by the ...Read more
Target tackles groceries as first swing to revive sales growth
Target will spend more than $1 billion this year to improve its grocery section, one of new CEO Michael Fiddelke’s first big swings in his turnaround plan.
Groceries will occupy a larger footprint at all 130 stores remodeled this year, with more fresh foods and a more pronounced bakery area, the Minneapolis-based retailer told investors on ...Read more
Even before he reaches the Fed, Warsh's path to rate cuts is getting tougher
Kevin Warsh is still months away from taking the helm at the Federal Reserve, but his ability to deliver the interest-rate cuts President Donald Trump expects is facing hurdles as the U.S. economy, and his future colleagues, tilt in the opposite direction.
Most Fed officials see no compelling reason to rush additional rate cuts, given inflation...Read more
Michael Hiltzik: Trump Media's financial report revives questions for investors
So much Trump-related news has appeared lately on the airwaves and in web pixels — what with Iran and Epstein and Minnesota and so on — that inevitably a nugget will fall between the cracks.
That seems to have been the fate of the most recent annual financial report of Trump Media and Technology Group, which covered calendar year 2025 and ...Read more
What another sales decline for Target says about consumers
Target customers continue to be cautious — and a bit frugal, sticking to essentials and increasingly turning to discount chains.
During the holiday season, they bought toys and kept spending on essentials such as food and beauty products. But they pulled back elsewhere to stretch their budgets.
Other retailers reported similar trends. ...Read more
Target leaning in on groceries, 'reinventing' home department to stop downward slide
Target will reinvent three-quarters of its home merchandise by June and since groceries are driving customer visits, it will remodel several hundred stores to expand and improve its food and beverage selections.
The Minneapolis-based retailer is hosting hundreds of investors, analysts and journalists at its annual investors meeting March 3, ...Read more
AI could reshape 410,000 Silicon Valley jobs. Who benefits and who doesn't?
SAN JOSE, California — Robin McCarthy watches the images appear on her screen.
Inside her San Jose architecture studio, she types a short prompt into an artificial intelligence program. Within seconds, it produces polished design concepts and photo-realistic renderings.
“It’s exciting and scary at the same time, because you’re trying ...Read more
As Iran crisis upends oil and gas, clean energy gets complicated
The turmoil unfolding in the Middle East is sparking the biggest disruption to oil and natural gas markets since Russia’s invasion of Ukraine in 2022. Qatar shut down the world’s largest liquefied natural gas export facility, Saudi Arabia suspended operations at its biggest oil refinery and tanker traffic through the crucial Strait of Hormuz...Read more
Tax refunds are larger this year. Make yours a stepping stone for your future
Tax refunds are the biggest windfall of the year for many American households. And ‘tis the season: Through the week ending Feb. 13, nearly 13 million people had received 2025 federal tax refunds averaging $2,476, according to the IRS.
That average refund amount is up 14% from the same time period last year, and it’s expected to grow in the...Read more
eBay slashes hundreds of Bay Area jobs, mainly at San Jose head office
SAN JOSE — eBay has slashed 271 jobs in the Bay Area, primarily at the tech titan’s San Jose headquarters complex, the company reported.
The eBay job cuts arrive on the heels of the net loss of 27,300 tech jobs in the Bay Area during 2025, according to Beacon Economics industry estimates that were derived from the state Employment ...Read more
Redfin to show some non-MLS home listings in deal with Compass
Redfin visitors will soon be able to see for-sale homes that haven’t been widely advertised — but Washington properties may not be included, as the practice remains restricted in the state.
Rocket Companies, owner of Seattle-based Redfin, announced on Thursday a three-year syndication agreement with real estate brokerage Compass to showcase...Read more
After federal retreat, Twin Cities' stores and restaurants piecing businesses back together
Immigrant-run businesses are making some hard decisions to claw out of the financial hole caused by the three-month immigration crackdown in Minnesota.
Workers and customers are returning, allowing some places to reopen. But growing piles of bills have made it harder to resume business the way it was before Operation Metro Surge.
Value Foods ...Read more
A new delivery bot is coming to LA, built stronger to survive in these streets
The rolling robots that deliver groceries and hot meals across Los Angeles are getting an upgrade.
Coco Robotics, a UCLA-born startup that's deployed more than 1,000 bots across the country, unveiled its next-generation machines on Thursday.
The new robots are bigger, tougher and better equipped for autonomy than their predecessors. The ...Read more
Trucking organizations support federal CDL requirement changes, Dalilah's Law
Organizations representing commercial truck drivers and commercial driving training programs nationwide are throwing their support behind legislation touted by President Donald Trump that would ban illegal immigrants from obtaining a commercial driver's license, or CDL.
The Commercial Vehicle Training Association (CVTA) is expressing support ...Read more
The newest trend in LA office space: In-house studios for traveling influencers
For the trendiest tenants in Hollywood office buildings, it's the latest fad that goes way beyond designer furniture and art: mini studios
To capitalize on the never-ending flow of stars and influencers who come through Los Angeles, a growing number of companies are building bright little corners for content creators to try products and shoot ...Read more
Cape Cod business leader wants to bury electrical grid, demands state support after blizzard
A Cape Cod business leader says it’s no surprise that the Blizzard of ’26 left the region without power for days because of trees and a lack of economic support from the state, and he called for parts of the electrical grid to be buried underground.
Cape Cod Chamber of Commerce CEO Paul Neidzwiecki is sounding off on how last Monday’s ...Read more
Paramount-Warner Bros. deal stirs fears about what it means for CNN
As the media industry took stock of Paramount Skydance's startling acquisition of Warner Bros. Discovery, one question lingered on the minds of many in the news business and beyond: What will this mean for CNN?
The iconic 24-hour cable news network is among the various Warner Bros. assets that would be scooped up by Paramount in a deal ...Read more
Power, politics and a $2.8 billion exit: How Paramount topped Netflix to win Warner Bros.
LOS ANGELES — The morning after Netflix clinched its deal to buy Warner Bros., Paramount Skydance Chairman David Ellison assembled a war room of trusted advisers, including his billionaire father, Larry Ellison.
Furious at Warner Bros. Discovery Chief David Zaslav for ending the auction, the Ellisons and their team began plotting their ...Read more
Target will stop selling cereals with certified artificial colors by May
Target will stop selling cereals containing certified synthetic colors by the end of May, a move that reflects growing consumer demand for cleaner ingredients and broader industry trends away from artificial additives.
The Minneapolis-based retailer said Friday that 85% of the cereals it sells are already free of synthetic dyes. The full shift ...Read more
Popular Stories
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- AI could reshape 410,000 Silicon Valley jobs. Who benefits and who doesn't?









