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Trump moves toward Iran attack as mediator says nuclear deal is close The Washington Post‘We have a big decision to make' on Iran, Trump says CNNTrump says he'd 'love not to' attack Iran, 'but sometimes you have to' CNBCCan the U.S. and Iran reach a nuclear deal to avert a war? CBS News
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Not long ago, Mr. Zaslav was widely criticized for his management of Warner Bros. Discovery. He overcame the doubters, cementing a blockbuster sale to Paramount.
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Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal CBS NewsNetflix Backs Out of Bid for Warner Bros., Paving Way for Paramount Takeover The New York TimesParamount and Warner Bros' deal is about merging studios, and a whole lot more NPR‘Horrifying': Hollywood blasts Trump's role in studio sale Politico
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Paramount must now absorb a troubled asset at a high cost, while Netflix investors seem overjoyed to not have such problems.
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The nearly $111 billion marriage would unite Paramount and Warner film studios, streamers and television properties — including CNN — under the control of the wealthy Ellison family.
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One week after the Supreme Court invalidated President Trump's tariffs, he suggested that his administration could try and relitigate a case that was decided 6 to 3.
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Rubio to travel to Israel to discuss Iran, other issues, State Dept. says CNBCRubio plans Israel trip as Trump says he's ‘not happy' with US-Iran talks Al JazeeraRubio to visit Israel, Vance to meet with Omanis on Iran, says 'no chance' of yearslong war ABC News
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Investors fret over growing strains in private credit and risks of AI disrupting the software industry
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Paramount and Warner Bros. Discovery are poised to shake up the ad industry, but not without clearing some hurdles.
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Telecom infrastructure is at an inflection point due to slower rollout and other growth challenges. Success creating value depends on whether players can transition toward a more integrated platform.
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Also in Weekend Reads: How to invest during the AI transition, what OpenAI needs to do and a warning for aspiring day traders.
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After El Mencho killing, who will run Mexico's biggest cartel? It could be a man born in California Los Angeles TimesIt Was Paradise for American Retirees—Until It Became the Center of a Drug War WSJFormer undercover operative weighs in on wave of Mexico cartel violence KSL TV 5'El Mencho' dead: What comes next a
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Netflix now has four business days to decide whether it wants to counter Paramount's offer.
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Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite.
While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 billion yuan ($1.8 billion) versus the same period last year, that was a lot lower than the 14.7 billion yuan expected. Revenue shrank 12.5 percent to 92.3 billion yuan year-on-year, sharply down on projections for 118.4 billion yuan.
The world's largest maker of EV batteries is being hit as automakers from General Motors to Ford begin to scale back EV production plans and delay model launches. Countries like Japan and Germany, home to some of the largest automotive incumbents, have seen not just a slowdown in the growth rate, but an outright decline in EV sales.
CATL supplies many big name carmakers, including Tesla Inc.
Although the Chinese giant dwarfs competitors, it isn't alone in feeling the pain. The world's third largest battery maker, South Korea's LG Energy Solution Ltd., is likely to suffer its third consecutive quarterly profit decline, its most recent preliminary earnings show.
For the January to August period, CATL's global market share stood at 37.1 percent, up 1.6 percentage points on the same period of last year, data from SNE Research show. LG Energy's market share shrunk 2.3 percentage points to 12.1 percent.
CATL's greater control over its supply chain does at least wring more profit from its suppliers, helping to drive down costs. Bloomberg Intelligence has suggested that more global EV makers adopting cheaper lithium-iron-phosphate (LFP) batteries could help CATL gain market share overseas. The company's energy-storage business is also emergin
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