Screenwriters union and Hollywood studios reach 4-year tentative deal

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The screenwriters union and Hollywood studios reached a surprise four-year tentative agreement after roughly three weeks of negotiation. The Writers Guild of America West said on X that its negotiating committee unanimously approved a tentative agreement with The Alliance of Motion Picture and Television Producers, which represents studios. The alliance confirmed the deal in a […]


Inside the billionaire enclaves just out of reach of CA’s wealth tax

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Big-money billionaires, including Larry Ellison and Sergey Brin, are flocking to ritzy little enclaves at the California-Nevada border to scoop up property and seemingly escape the Golden State’s proposed “billionaire tax.” Brin plunked down a whopping $42 million last month on a Lake Tahoe estate in Nevada. Oracle co-founder Larry Ellison has also been quietly […]


Visa, Mastercard reach swipe-fee settlement — Here’s how it will affect your wallet

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Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time a customer makes a transaction, they often get passed onto consumers through higher costs for goods and services.  These fees are commonly referred […]


US, China reach deal to allow TikTok sale, Bessent says

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WASHINGTON — The US and China have finalized a deal to transfer the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday. President Trump and Chinese leader Xi Jinping will officially “consummate” that deal when they meet in Busan, South Korea on Thursday — marking the first time the two […]


Apple, F1 reach 5-year media deal, bringing races to Apple TV streaming

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Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB20 leads Carlos Sainz of Spain driving (55) the Ferrari SF-24 and Lando Norris of Great Britain driving the (4) McLaren MCL38 Mercedes into turn 1 at the start during the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez Peter Fox – […]


Online sales reach $7.9 billion in first 24 hours of Prime Day

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A worker sorts packages on Amazon Prime Day in New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images U.S. online sales jumped 9.9% year over year to $7.9 billion on Tuesday, the kickoff of Amazon‘s Prime Day megasale, according to Adobe Analytics. At that level, it marks the “single […]


Boeing, DOJ reach deal to avoid prosecution over 737 Max crashes

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Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. Tiksa Negeri | Reuters The U.S. Justice Department said Friday that it has reached a deal with Boeing that will allow the aircraft maker to avoid […]