Taiwan's President Ratchets Anti-China Rhetoric In Party Speech: Must Resist 'Red Terror' Of Beijing

Bezos To Dump $4 Billion In Amazon Stock After Surge As Cramer Calls Sale A "Buzzkill" Amazon founder Jeff Bezos plans to sell 15 million shares worth roughly $4.07 billion under a prearranged trading plan, according to a Form 144 regulatory filing. The planned sale comes after Amazon shares surged about 25% over the last several trading sessions. The shares, which Bezos acquired as founder's stock in 1994, will be sold through Morgan Stanley Smith Barney. The filing showed no stock sales by Bezos during the previous three months, although...

Warner Bros, Paramount Jump On Settlement Talks With California AG Shares of Warner Bros. (WBD) are up 7% and Paramount Skydance (PSKY) gains 6% after the WSJ reported Friday that Paramount was in advanced settlement talks with the California AG Rob Bonta aimed at settling the California-led antitrust lawsuit that would block the company's proposed merger with Warner Bros. Discovery. According to the report the two sides met over the weekend and discussed several potential concessions including $1.5bn investment by Paramount for production in California Maintain both studio lots & stay in California Potential sale...

Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades Nearly two months of the national average gasoline price exceeding the politically sensitive $4-per-gallon level have left corporate America increasingly worried about consumer health this earnings season. Kraft Heinz's CEO warned that some households are "literally running out of money," while UBS analysts caution that even as the AI-linked chip and memory bubble inflates markets to new highs, there are growing "consumer cracks beneath the surface." The Financial Times reports that U.S. consumers may face a cash crunch this summer as Trump-era tax refund...