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Judge Rejects Paramount Skydance’s Motion to Expedite Warner Bros. Discovery Trial Seeking Details on Netflix Deal - Variety
A Delaware judge dismissed Paramount's motion to expedite the lawsuit against WBD, which is seeking details on how WBD valued the overall Netflix transaction and the proposed Discovery Global networks spin-off.
Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless - CNBC
Amazon invested $475 million into Saks' acquisition of Neiman Marcus. It wants a federal judge to reject Saks' bankruptcy plan because it harms creditors.
Boston Scientific to acquire Penumbra for $14.5B - MedTech Dive
With the planned purchase, Boston Scientific will gain several thrombectomy devices to remove clots from blood vessels.
Los Angeles Billionaire Moves To Nevada After California Threatens To Tax Wealth - Forbes
Exclusive: The buyer behind a record $21 million Las Vegas-area penthouse is a lifelong California resident who says the state’s taxes have pushed him out: “I just felt a little bit like I wasn’t wanted.”
ICE arrests two immigrant workers heading to Meta site in Louisiana, sheriff says - The Shreveport-Bossier City Advocate
ICE agents were assisted by the Richland Parish Sheriff's Office in the arrests. Here’s more.
Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’ - Bloomberg.com
A judge turned back Amazon.com Inc.’s initial challenge to Saks Global Enterprises’ foray into Chapter 11, by approving short-term financing for the bankruptcy.
S&P 500 and Nasdaq rise, powered by chip stocks: Live updates - CNBC
Wall Street is attempting to recover from back-to-back losing sessions.
Super Greens powder recall: 45 sick with salmonella linked to 'Live It Up' supplement, including Illinois, Wisconsin, CDC says - 6abc Philadelphia
The CDC issued a nationwide warning of an outbreak of salmonella linked to a Super Greens supplement.
Verizon offering customers $20 credits after hourslong outage impacted thousands - ABC News
BlackRock assets surge above $14tn after record quarter - Financial Times
World’s largest asset manager drew in almost $700bn from clients in 2025
Who’s leaving, who’s staying: The SF Standard’s billionaire tax tracker - The San Francisco Standard
With a 5% wealth tax looming, California’s billionaires are moving LLCs, buying Florida homes, and betting the measure fails.
The Fight For Warner Bros. May Get Uglier - The Hollywood Reporter
After multiple rejections, David Ellison could hit the nuclear button in his quest to wrest the studio empire from would-be-buyer Netflix. But this next fight may be more public — and bruising.
Just 198,000 Americans filed jobless claims last week, fewer than expected as layoffs remain low - AP News
Fewer Americans applied for unemployment benefits last week as U.S. layoffs remain low despite growing concern about a weakening job market. U.S. filings for jobless aid for the week ending Jan. 10 fell by 9,000 to 198,000, down from 207,000 the previous week…
Jobless claims — aka layoffs — fall below 200,000. Labor market shows signs of bottoming out. - MarketWatch
Unemployment filings extremely low historically
Spotify Is Raising U.S. Subscription Prices in the Next Month - Variety
Spotify is increasing the prices of its premium, ad-free streaming plans in the U.S. over the next month.
Billionaire Rams owner Stan Kroenke becomes America's biggest private landowner - CNBC
Kroenke represents a growing wave of ultra-wealthy entrepreneurs investing in long-held ranches and farmland.
Goldman Sachs sees M&A accelerating, as companies believe the ‘art of the deal’ is now possible - MarketWatch
Shares of Goldman Sachs and Morgan Stanley surged into record territory after both banks beat profit expectations amid strong growth in investment banking
The California wine industry might finally hit bottom next year - San Francisco Chronicle
The State of the U.S. Wine Industry report, published annually by Silicon Valley Bank, predicts that the industry downturn will bottom out in 2027 or 2028.
Why your power bill is spiking faster than a nearby data center’s - The Washington Post
As electricity prices climb, an unusual disconnect is emeging between what regular people pay -- and what data centers pay.
Capitol agenda: A crypto titan flexes in the Senate - Politico
Senate Banking Chair Tim Scott postponed a markup of landmark crypto legislation amid opposition from Coinbase CEO Brian Armstrong.