NEW YORK (AP) — Warner Bros. Discovery is telling shareholders to reject an unsolicited takeover bid from Paramount Skydance, saying an offer from Netflix will be better for them and customers. The Warner board said in a letter to shareholders on Wednesday that Paramount’s “inferior” offer carried “significant risks and costs,” in large part because…… MORE
WASHINGTON (AP) — Democratic senators are criticizing the chairman of the Federal Communications Commission for pressuring broadcasters to take ABC late-night host Jimmy Kimmel off the air. At a hearing Wednesday, Democrats on the Senate Commerce, Science and Transportation Committee suggested that Brendan Carr was politicizing an independent agency and trampling the First Amendment. Carr…… MORE
WASHINGTON (AP) — The Senate has confirmed billionaire entrepreneur Jared Isaacman to serve as NASA administrator. Isaacman’s nomination was revoked and then reintroduced by President Donald Trump as part of a feud with tech billionaire Elon Musk. The vote Wednesday was 67-30. Isaacman has promised to bring a business-minded approach to transforming NASA’s operations. Republicans…… MORE
SAN FRANCISCO (AP) — California regulators are threatening to suspend Tesla’s license to sell its electric cars in the state early next year unless the automaker tones down its marketing tactics for its self-driving features after a judge concluded the Elon Musk-led company has been misleading consumers about the technology’s capabilities. The potential 30-day blackout…… MORE
The U.S. Postal Service says it intends to open its “last-mile” delivery network to large and small shippers, expanding beyond current arrangements with giants such as Amazon and UPS. Last-mile delivery is the most expensive part of the shipping process and it’s the final leg of delivery to millions of individual homes and businesses. The…… MORE