Paramount Skydance has agreed to settle with a group of 12 state attorneys general who sued to block its proposed $110 billion merger with Warner Bros. Discovery. The antitrust lawsuit threatened to delay the acquisition until mid-2027, which would have cost Paramount hundreds of millions of dollars in fees. Now, with the acquisition proceeding, Paramount and Warner Bros. Discovery will combine to bring together two historic portfolios of TV networks including CBS, as well as streaming...

A landmark settlement has been reached between Meta and various states in a trial over teen social media addiction, with the tech giant agreeing to pay up to $18 billion and committing to ensuring stronger child safety measures are added to its Facebook and Instagram platforms. The federal lawsuit was the result of a bipartisan investigation of attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee, and Vermont that followed news reports that...

Prime Minister Mark Carney has announced the largest investment in VIA Rail’s history as part of his government’s plan to bring rail car manufacturing back to Canada via the Crown Corporation. For the first time in four decades, VIA Rail passenger cars will be built in Canada thanks to a more than $4.7 billion commitment to enable the acquisition and maintenance of 313 new passenger rail cars from Alstom Canada. Prime Minister Carney stated, “In the face of strong headwinds, a confident Canada...