Paramount Buys Bari Weiss’s Free Press, Starting a New Era at CBS News
Bari Weiss, a founder of The Free Press, will become editor in chief of CBS News. Source link
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Bessent Taps Social Security Chief to Serve as C.E.O. of I.R.S.
Frank Bisignano, who already leads the Social Security Administration, will also take on the day-to-day duties of the tax collector. Source link
Gold Price Nears $4,000 an Ounce, a Sign of Turmoil and Unease
Approaching the milestone for the first time, the precious metal is on course for its best year since the 1970s, highlighting unease among investors. Source link
OpenAI’s Team of Rivals Now Includes AMD and Nvidia
The artificial intelligence giant just announced a major partnership with AMD — weeks after striking a big deal with the chipmaker’s competitor, Nvidia. Source link
Fears of Economic Turmoil Deepen in France as Another Prime Minister Quits
The surprise resignation of Sébastien Lecornu after less than a month in office intensified concerns that France would be unable to tackle its enormous debt pile. Source link
Why Did Walmart Just Buy a Shopping Mall?
Walmart hasn’t said much about its plans for Monroeville Mall in Pennsylvania. But its partner has told some store owners that the mall will be demolished for a mixed-use development. Source link
Take Two: Why Big Companies Are Naming Co-C.E.O.s
Comcast, Oracle and Spotify recently doubled up on top executives, a rare setup that some say could become more common. Source link
Yen Plummets, Stocks Rally: Markets Greet Japan’s Next Leader
The governing party’s unexpected choice of Sanae Takaichi to lead it rattled markets on Monday, causing the yen to weaken and sending Japanese stocks sharply higher. Source link
Costco to Sell Ozempic and Wegovy, Weight-Loss Wonder Drugs
Costco members will pay $499 a month out of pocket, the same price offered at CVS and Walmart, and on the manufacturer’s direct-to-consumer website. Source link