• Yahoo Finance

    Fed's Goolsbee: 'It makes sense to wait' before cutting rates

    One of the Fed's more dovish officials said Friday that 'progress on inflation has stalled' and that 'it makes sense to wait' before cutting interest rates.

  • The Telegraph

    McLaren sued for £10m after top surgeon injured in snowmobile crash

    A top neurosurgeon is suing McLaren for £10m after being left with a “significant” hand tremor following a snowmobile crash on a £23,000 adventure holiday.

  • Yahoo Finance Video

    What a Sony, Apollo buyout of Paramount looks like: Analyst

    Sony Pictures Entertainment (SONY) has entered talks with Apollo Global Management (APO), the parent company of Yahoo Finance, to discuss a possible joint buyout bid of Paramount Global (PARA,PARAA). According to the New York Times, both companies, through a joint venture, would offer cash for shares of Paramount, taking the company private. Citi Managing Director Jason Bazinet joins The Morning Brief to discuss the potential joint buyout bid from Sony and Apollo and what it could mean for all companies involved and investors moving forward. In terms of what consumers can expect, should a deal go through, Bazinet says: "I think you'll see fewer apps...If this bid between Apollo and Sony is right, Sony is really sort of an arms dealer, right? So they're going to presumably take the studio and just feed everybody's app. Then I would think that someone on the private equity side would, sort of, not want to absorb the losses from a streaming app like Paramount+ and would just focus on the cash-generative assets and pay down debt to create equity value." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino