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Morgan Stanley’s surprise round of layoffs this past week was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks. But insiders close to the Wall Street giant say the real culprit can be summed up in two letters: “A” and “I.” No doubt, […]
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet’s debt sale keeps getting bigger. The company is close to finalizing a global bond issuance in excess of $30 billion, according to two […]
Pictured here is Moonshot AI’s Kimi chatbot displayed on a smartphone. Bloomberg | Bloomberg | Getty Images BEIJING — An Alibaba-backed AI startup is currently being valued at $4.8 billion in a fresh funding round, two people with knowledge of the deal said, just weeks after it was valued at $4.3 billion. Moonshot AI is the […]
Paramount Skydance has now initiated what insiders are calling “Plan D” as they look to upend Netflix’s “winning” bid for Warner Bros. Discovery, The Post has learned. It involves banging home to investors the immense amount of regulatory uncertainty involved in the Netflix deal and how that could spell trouble not just for the transaction […]
The owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman is in a race to land more than $1 billion in rescue financing from new and existing investors – even as the company announced its CEO is stepping down, The Post has learned. The luxury giant needs a cash infusion to pay off a […]
Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner – even as the streaming giant submitted a higher offer in the latest round of bidding, The Post has learned. Netflix has […]
Senior White House officials recently discussed antitrust concerns surrounding Netflix’s interest in acquiring the Warner Bros. studio and the HBO Max streaming service – raising doubts whether such a deal would give Netflix too much power over Hollywood, The Post has learned. The high-level meeting that took place about 10 days ago hasn’t been previously […]
For those wagering against Comcast in the bidding war for Warner Bros. Discovery, the cable giant’s CEO Brian Roberts is signaling that he will see their bets – and that he may raise them, too. People with direct knowledge say that Roberts – scrambling to reinvigorate Comcast’s shrinking empire – plans to join a second […]
A Morgan Stanley-backed group appears to have the inside track to become the new financial adviser to Pakistan International Airlines, or PIA, as it decides what to do with the precious Roosevelt Hotel site in Midtown East, sources told The Post on Monday. The consortium would replace JLL, which checked out of the role last […]
OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share, three sources familiar with the talks said. OPEC+ has reversed its strategy of output cuts from April and has already raised […]
