A full-floor residence at the troubled supertall 432 Park Avenue, previously owned by developer Harry Macklowe, has sold for over $50 million following a foreclosure, as the building grapples with lawsuits over alleged structural defects.
Amid subscription fatigue and market fragmentation, the proposed union of Netflix and Warner Bros. Discovery is framed not as a threat to competition, but as a necessary consolidation to compete with tech giants and refocus value on consumers.
The Swiss watchmaker reported a dip in 2025 profits amid currency headwinds and strategic investments, but forecasts a return to broad-based growth next year, buoyed by robust second-half sales and strong performance in key markets like the Americas.
A landmark Senate hearing this week will examine the potential cultural and economic fallout of Netflix's proposed acquisition of Warner Bros. Discovery, amid fears it could create an unprecedented 'stream-opoly'.
The annual Sunday Times Tax List reveals the UK's top 100 individual taxpayers paid a record £5.76bn, featuring a mix of business titans, sports stars, and entertainers, with a notable rise in contributions linked to recent fiscal policy changes.
Three years after securing $1.3 billion in state incentives, Volkswagen-backed Scout Motors' planned electric vehicle factory faces mounting public costs amid wetland mitigation and inflation, raising questions about risk allocation.
Six Italian police and coastguard members face trial for alleged negligence in the Cutro shipwreck that killed at least 94 migrants, a case testing Italy's hardline migration policies.
Netflix delivered solid Q4 earnings but saw its stock dip as it guided for slower revenue growth. The streaming giant's strategic pivot to a mature phase is underscored by its aggressive all-cash bid for Warner Bros. Discovery, a move that promises content dominance but adds significant debt.
