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Paramount's $54 billion debt plays a starring role in Warner bid
Even if Paramount Skydance Corp. manages to take over Warner Bros. Discovery Inc. against the company’s will, it faces another high hurdle: coping with the colossal $54 billion of debt it’s planning to take on.
Paramount has a temporary financing package in place for the combined company, but it hasn’t locked in a maximum rate on more ...Read more
'Blood surrounding him': Report details horrific Epic Universe death
ORLANDO, Florida — As the Stardust Racers roller coaster sped downward in the first descent of a mid-September ride, Kevin Rodriguez Zavala was flung forward, his head slamming into the seat in front of him repeatedly. Blood from his wounds splattered his girlfriend, who tried to hold him back while screaming for help.
Dr. Anna Marshall, a ...Read more
Stores, financial institutions come up short as penny production stops
DETROIT — Marie Shoulders of Detroit has a penny purse, a penny jar and a small penny pouch.
As a self-confessed penny hoarder, she wasn't surprised to hear about the scarcity of the reddish-brown copper-and-zinc coins.
"The pennies are short because people have them at home in they drawers, purses and everywhere. I keep them. ... There's ...Read more
Trump names Warsh, Hassett as top Fed contenders, WSJ says
President Donald Trump said that Kevin Hassett and Kevin Warsh are his top choices to lead the U.S. Federal Reserve and that he expects the next chair of the central bank to consult with him on interest rates.
Trump, in an interview with the Wall Street Journal on Friday, indicated that Warsh, a former Fed governor, has climbed up the short ...Read more
Econometer: Is a Netflix-Warner Bros. merger bad for the entertainment industry?
Netflix recently agreed to buy Warner Bros. Discovery for $72 billion, which would create an entertainment juggernaut — and kicked off a fair share of criticism.
The deal would mean the streamer would own some of the biggest franchises in the world: DC Comics, “Game of Thrones,” “Harry Potter,” “Looney Tunes” and more.
Critics ...Read more
Henry Payne: 2025 Detroit News Vehicle of the Year
Car shoppers had plenty of choices in 2025 as auto grocery shelves were teeming with goodies. If the food market has ice cream, beverage, fruit, and meat aisles, then auto stores offer trucks, SUVs, small cars and EVs.
There’s something for everyone at every price point (well, unless you wanted sub-$20K subcompacts).
We here at The Detroit ...Read more
Podcast industry under siege as AI bots flood airways with thousands of programs
Chatty bots are sharing their hot takes through hundreds of thousands of AI-generated podcasts. And the invasion has just begun.
Though their banter can be a bit banal, the AI podcasters' confidence and research are now arguably better than most people's.
"We've just begun to cross the threshold of voice AI being pretty much indistinguishable ...Read more
Keep Chinese vehicles out of US, auto lobby tells Moolenaar panel
WASHINGTON — The nation's top automotive lobbying group urged lawmakers Thursday to keep Chinese automakers and battery firms out of the United States.
"The Alliance for Automotive Innovation urges Congress and the Trump Administration to prevent Chinese government-backed auto and advanced battery manufacturers from gaining entry to ...Read more
Fed officials split over risks to US economy going into 2026
Federal Reserve officials — including two who will become voters in 2026 — offered strongly opposing views Friday on what to do with interest rates, continuing a debate that will grip the U.S. central bank into the new year.
Three policymakers focused in their comments on inflation risks, though one of them suggested he was advocating only ...Read more
Auto review: Sleek, luxurious and not at all subtle, the Vistiq is glorious as only a Cadillac can be
Cadillac is trying very hard to convince us that luxury is no longer measured in cubic inches or tailfins, but in kilowatts and display screen size. And the 2026 Cadillac Vistiq delivers both the way a Midwestern grandmother delivers holiday casseroles: in quantities approaching humanitarian aid.
Cadillac’s latest electric yacht, the 2026 ...Read more
Mercedes delivers cockpit-like-fun with AMG SL 63 S
Hang on to your hat, this is a fun one!
The cockpit experience isn’t for every driver, but those who have the need for speed and luxury appeal, look no further than the SL 63 S E Performance by Mercedes.
As a long-timer in the Mercedes fleet, the SL class delivers a luxury feel but with the utmost power and handling for “hair in the wind�...Read more
California unemployment rises in September as forecast predicts slow jobs growth
California lost jobs for the fourth consecutive month in September — and it's expected to add only 62,000 new jobs next year as high taxes drag on business formation, according to a report released Thursday.
The annual Chapman University economic forecast released Thursday found that the state's job growth totaled just 2% from the second ...Read more
Anheuser-Busch to close its Newark brewery after 75 years
Beer giant Anheuser-Busch will be closing its brewery in Newark, New Jersey, in early 2026 after nearly 75 years.
Full-time employees will be offered a choice between severance packages or jobs at other locations, including money to relocate, according to a press release sent to media outlets Thursday.
“Over the last five years we have taken...Read more
TED Talks moving its flagship event to San Diego
Seeking to redefine its place in a changing media landscape, TED — the New York-based nonprofit behind the globally recognized TED Talks — is moving its flagship event to San Diego, potentially creating dozens of new jobs.
After a decade in Vancouver, Canada, the five-day speaking series will debut in San Diego in 2027. TED is moving beyond...Read more
Ford, SK On to split joint venture as EV market grows cold
Ford Motor Co. and its South Korean battery partner are getting a divorce.
SK On said Thursday it's made an agreement with Ford to exit their electric vehicle battery joint venture that had invested $11.4 billion into Kentucky and Tennessee. It's another sign of the dissipation of EV momentum in the United States as it becomes clear consumer ...Read more
Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from “Frozen” and Yoda from “Star Wars” in OpenAI’s text to video tool Sora. Disney has also agreed to invest $1 billion in the San Francisco AI startup.
The deal marks a ...Read more
India draws $52 billion from Amazon, Microsoft in tech expansion
Amazon.com Inc. and Microsoft Corp. are intensifying their India push with a combined $52 billion in fresh investment, underscoring the country’s rising status as a key growth market for artificial intelligence, cloud services and online retail.
E-commerce giant Amazon on Wednesday boosted its India investment pledge to $35 billion through ...Read more
US jobless claims jump by most since 2020 after holiday drop
Applications for U.S. unemployment benefits rose last week by the most since the onset of the pandemic, underscoring the volatile nature of claims at this time of year.
Initial claims increased by 44,000 to 236,000 in the week ended Dec. 6, according to Labor Department data released Thursday. That was the biggest jump since March 2020 and ...Read more
Toxic water from Texas oil production is set to be treated and pumped into rivers
Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own.
State regulators are working to issue permits that would let four companies, including major landowner Texas Pacific Land Corp. and pipeline operator NGL Energy Partners LP, release ...Read more
Instacart is charging different prices to different customers in a dangerous AI experiment, report says
The grocery delivery service Instacart is using artificial intelligence to experiment with prices and charge some shoppers more than others for the same items, a new study found.
The study from nonprofits Groundwork Collaborative and Consumer Reports followed more than 400 shoppers in four cities and found that Instacart sometimes offered as ...Read more
Popular Stories
- 'Blood surrounding him': Report details horrific Epic Universe death
- Paramount launches hostile $78 billion bid for Warner Bros., with backing from Trump's son-in-law
- Econometer: Is a Netflix-Warner Bros. merger bad for the entertainment industry?
- Henry Payne: 2025 Detroit News Vehicle of the Year
- Stores, financial institutions come up short as penny production stops









