Allen Media Group Makes $14.3 Billion Offer for Paramount Global

Media entrepreneur Byron Allen is throwing his hat in the ring for Paramount Global, the home of CBS and the Paramount Hollywood studio. 


 
Adidas Sales, Earnings Beat Guidance After Decision Not to Write off Most Yeezy Inventory

The German sporting-goods company said sales on a currency neutral basis were flat last year compared with 2022. 


 
New York Community Bancorp Stock Plunges 35%, Reigniting Fears for Regional Banks

NYCB built up capital after acquiring most of the failed Signature Bank in last year's crisis. 


 
EBay to Pay $59 Million in Settlement Over Pill Presses

The Justice Department alleged that thousands of pill presses and encapsulating machines were sold on the popular online marketplace. 


 
Uber Fined Almost $11 Million by Dutch Privacy Watchdog

Ride-hailing company made it difficult for drivers to access their information and failed to sufficiently disclose its data practices, regulator says. 


 
Biogen Quits Controversial Alzheimer's Drug Aduhelm

The company says it will continue to advance another drug, Leqembi, and accelerate the development of other treatments. 


 
Boeing Says It Can't Set 2024 Financial Goals Amid 737 MAX Woes

The CEO said the company needs to "focus on every next airplane" in the wake of the Alaska Airlines blowout. 


 
Only Tesla Shareholders Can Clean Up Musk's Compensation Mess

The ruling against Musk's prior pay deal throws negotiations over his next package into disarray. 


 
Walmart, in a Reversal, to Open New Stores in the U.S.

The retail giant will open or expand 150 stores over the next five years. Its last new Supercenter opened about two years ago. 


 
Cardinal Health Agrees to Spend $1.2 Billion on Healthcare Technology Company

Specialty Networks' software analyzes patient data for physicians.


(END) Dow Jones Newswires

01-31-24 1515ET