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Category: Top Stories

A Paramount-Warner Bros. movie slate could rule the 2027 box office, but is it sustainable?

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Paramount CEO David Ellison has said he wants to make 30 movies a year and has franchises like Godzilla-Kong, Superman and Sonic the Hedgehog to lean on.

Meta planning sweeping layoffs as AI costs mount: Reuters

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Meta is seeking to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.

Trump administration directs Sable Offshore to restore Santa Ynez oil unit

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 The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.

Trump says U.S. ‘obliterated’ military targets on Iran’s Kharg Island but didn’t ‘wipe out’ oil infrastructure

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President Trump said in a Truth Social post that he directed U.S. Central Command to execute a bombing raid that “obliterated” military targets on Kharg Island.

Uber ex-CEO Kalanick rebrands latest venture Atoms, expands into mining and transport

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Travis Kalanick is renaming City Storage Systems to Atoms, while focusing on robotics for mining and transportation.

Average IRS tax refund is up 10.6%, filing data shows

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The average IRS tax refund is up 10.6%, based on filing data. Here’s what you can expect.

Oil and Nvidia are key for Wall Street next week amid Iran war volatility

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Investors will be awaiting developments with Nvidia and the Middle East as the war against Iran by the U.S. and Israel faces a third week.

Mortgage rates surge to highest since September, hitting spring housing market

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Mortgage rates jumped to a seven-month high Friday as war in Iran pushed bond yields higher.

NFL discussing media deal with Paramount that could mean CBS pays an extra $1 billion or more

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The NFL is discussing getting rid of its 2029-30 opt-out clause in exchange for an increase on TV rights that could push CBS to pay more than $3 billion a year.

Nvidia’s GTC will mark an AI chip pivot. Here’s why the CPU is taking center stage

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Nvidia and AMD are seeing huge demand for CPUs and Jensen Huang is poised to unveil details for processors specialized for agentic AI at the GTC conference.

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