Major corporate deals reshape media and tech landscapes while geopolitical tensions impact markets and trade, as central banking leadership transitions amid economic concerns.

Warner Bros Discovery shareholders approved a $110 billion merger with Paramount Skydance, pending government approval, marking a significant consolidation in the entertainment industry as streaming competition intensifies.

Google commits up to $40 billion in investment to AI startup Anthropic as major tech companies race to capitalize on artificial intelligence demand and maintain competitive advantage in the sector.

US Justice Department drops criminal investigation into Federal Reserve Chair Jerome Powell, clearing the path for Senate confirmation of Kevin Warsh as Trump's pick to replace Powell as Fed chair.

Iran tensions disrupt shipping and trade with 3,000 containers stranded at Karachi port while Pakistan facilitates US-Iran peace talks; Iran's plan to extract $2 million tolls from tankers using the Strait of Hormuz threatens global oil costs.

JetBlue faces lawsuit over claims it uses customers' personal data to dynamically set ticket prices, following a social media exchange where the airline suggested customers clear their browser cache to get better fares.

UK government vastly underestimated the climate impact of AI datacenters on carbon emissions, raising concerns about energy-intensive artificial intelligence infrastructure worsening the climate crisis.

SiriusXM is in early talks to acquire iHeartMedia, a deal that would unite two major providers of traditional and satellite radio in a consolidation move within the audio entertainment sector.

Cohere acquires and merges with Germany-based Aleph Alpha to create a 'transatlantic AI powerhouse,' reflecting growing efforts by non-US companies to compete with Silicon Valley AI dominance.

Lockheed Martin's CEO calls Trump administration a 'golden opportunity' for growth as the defense contractor expands government contracts amid escalating Middle East tensions and increased Pentagon spending.

US gambling addiction is spiraling 'out of control' as betting markets boom, with policy experts calling for public health response and regulation comparable to alcohol and tobacco, amid rising concerns about addiction and financial harm.