Business News
Penny era closes as Washington gathers for farewell at Lincoln Memorial
WASHINGTON — A symbolic farewell is being planned in the nation’s capital this weekend as residents gather to mark the end of US penny production, following the federal government’s decision to stop minting the one-cent coin. The event, scheduled for Saturday at the Lincoln Memorial, reflects a mix of civic ritual, historical reflection, and public response to a monetary change that closes a chapter stretching back more than two centuries. Organizers describe the gathering as
Penny era closes as Washington gathers for farewell at Lincoln Memorial
WASHINGTON — A symbolic farewell is being planned in the nation’s capital this weekend as residents gather to mark the end of US penny production, following the federal government’s decision to stop minting the one-cent coin. The event, scheduled for Saturday at the Lincoln Memorial, reflects a mix of civic ritual, historical reflection, and public response to a monetary change that closes a chapter stretching back more than two centuries. Organizers describe the gathering as
Warner Bros Rejects Paramount’s $108B Bid, Netflix Emerges Front-Runner
Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl
Warner Bros Rejects Paramount’s $108B Bid, Netflix Emerges Front-Runner
Warner Bros Discovery has officially rejected Paramount Skydance’s massive $108.4 billion hostile takeover bid, stating that the proposal lacked credible financial backing and posed serious risks to shareholders. In a regulatory filing addressed to investors, the company’s board made it clear that Paramount’s offer could not match the certainty, stability, and financial strength presented by Netflix’s competing merger proposal. According to the board, Paramount repeatedly cl







