Breaking News: Business
- WBD once again rejects Paramount offer in favor of Netflix deal - Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.
- Mortgage demand drops nearly 10% to end 2025, despite lower interest rates - The Mortgage Bankers Association's seasonally adjusted index reported a 9.7% drop in total mortgage applications despite decreased mortgage rates.
- Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here - Investors are betting that a political transition along with a clearer path to asset recovery could unlock value that has been frozen for nearly a decade.
- Ford reports best annual U.S. vehicle sales since 2019 - Ford reported sales of 2.2 million vehicles in 2025, including a 2.7% uptick to more than 545,200 units during the fourth quarter.
- Michael Burry's big play off the U.S.-Venezuela situation, which the investor has held for years - Burry has owned Valero Energy since 2020, a position he views as increasingly attractive as the U.S. moves toward a deeper role in reviving Venezuela's oil.
- Airlines restore Caribbean flights after U.S. lifts airspace restrictions tied to Venezuela strikes - Airlines including United and Delta began restoring flights to Puerto Rico and other Caribbean destinations early Sunday after aviation authorities lifted temporary airspace restrictions.
- Airlines cancel hundreds of Caribbean flights after U.S. attacks on Venezuela - U.S. airlines cancel hundreds of Caribbean flights after U.S. strikes on Venezuela.
- Saks Global announces new CEO as it reportedly prepares for bankruptcy - The company was created in July 2024 after Hudson's Bay Co. acquired Neiman Marcus.
- Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025 - Citadel's flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm's returns.
- Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins - Investors digested the formal end of Warren Buffett's six-decade tenure as chief executive and the start of a new era under successor Greg Abel.