Don’t Call It a Pivot. These Executives Are ‘Refounding’ Their Start-Ups.

Paramount has initiated a hostile bid for Warner Bros. Discovery, entering a competitive landscape where major players like Comcast and Netflix are also vying for the studio. This move comes amid ongoing negotiations and market speculation regarding potential mergers and acquisitions in the entertainment sector.

Instagram and Facebook have introduced a new option for users in Europe, allowing them to share less personal data on their platforms. This change comes amid increasing scrutiny over data privacy and user consent in the region.

Federal Reserve Chair Jerome Powell is facing increasing pressure as the Fed prepares to potentially cut interest rates amid ongoing economic uncertainties. Recent statements from Fed officials indicate a split in opinions regarding the appropriateness of current monetary policy and the timing of any rate cuts.

Users of the Affordable Care Act, commonly known as Obamacare, are facing increased deductibles and premiums, which will result in them paying more for plans that cover less of their healthcare needs. This shift raises concerns about the affordability and accessibility of healthcare for millions of Americans.

Starting next year, individuals who became disabled by age 46 will be eligible to open ABLE accounts, expanding access beyond the current age limit of 26. This change aims to provide more financial support for disabled individuals who may have previously been excluded from these savings accounts.

Recent stock market gains have been attributed to renewed investor optimism, particularly surrounding artificial intelligence (AI) technologies. This resurgence follows a period of uncertainty, with investors showing increased confidence as indices approach record highs again.

A new A.I. data center is being proposed in Doña Ana County, New Mexico, as wealthier regions resist such developments. Local officials are enthusiastic about the potential deal, despite uncertainties surrounding its terms and implications.