Author: super@dmin
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The Wall Street Journal: Warner Bros. Discovery warns of as much as $4.3 billion in restructuring charges
Warner Bros. Discovery Inc. said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the combination earlier this year of Discovery Inc. and AT&T Inc.’s WarnerMedia unit.
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: Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
Weber Inc.’s stock climbed 24.5% in after-hours trading Monday following an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece.
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The Wall Street Journal: Two of Juul’s biggest investors may offer bailout to prevent bankruptcy
Hyatt Hotels heir Nick Pritzker and California investor Riaz Valani are considering putting up money to cover the vaping company’s operations and near-term legal liabilities, sources told the Wall Street Journal.
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Cannabis Watch: SEC makes second move in a week against a once-hyped pot-stock’s former executive
The SEC on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud. The agency settled with the two.
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The Wall Street Journal: Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
Intel Corp. Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as America seeks to maintain technological leadership in competition with China.
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: Chicago man’s $11 million estate to be divided among 119 distant cousins who never knew him
Attorney says this may be largest unclaimed U.S. estate ever. Here’s how to dig for an inheritance that might be waiting for you.
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What's Worth Streaming: Here’s everything new coming to HBO Max in November 2022, and what’s leaving
‘The Sex Lives of College Girls’ returns, along with ‘A Christmas Story’ sequel, a Lizzo documentary and much more
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Market Extra: Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since the Communist Party founder Mao Zedong era. Financial markets are in turmoil just one day into Xi’s new term.
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The Ratings Game: Tesla isn’t immune to a spending slowdown, Morgan Stanley says while cutting price target
One Tesla Inc. bull is feeling a little less bullish Monday, as he digests the outlook ahead for the electric-vehicle company.
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Personal Finance Daily: How last year’s housing market affected mortgage denials and what Fannie Mae, Freddie Mac using alternative credit scores means for potential homebuyers
Monday’s top personal finance stories.