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Media exec Bronfman pulls out of race to acquire Paramount

Media industry veteran Edgar Bronfman Jr. announced on Monday that he has withdrawn from the race to take control of Paramount Global. Bronfman’s bid relied on the participation of wealthy individuals who were reluctant to share their personal financial information with Paramount’s special committee and its advisers, people familiar with the matter told Reuters. The […]

Top Wall Street exec predicts ‘social unrest’ due to AI

Senior Wall Street finance executives say artificial intelligence could make many jobs, such as cashiers and drivers, unnecessary and lead to widespread social unrest. Armen Panossian, co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that while AI “clearly has the potential to deliver enormous economic benefits,” it also poses “the greatest […]

Chevron exec explains HQ move from California to Texas: ‘tough place to do business’

Chevron Chairman and CEO Mike Wirth speaks with FOX Business’ Maria Bartiromo to discuss America’s energy plans, data center demand and the regulatory environment. Chevron Announcement Chevron executives said Thursday that one of the reasons they announced last week they were moving their headquarters from California to Texas is that it’s becoming increasingly difficult to […]

Erin Andrews slams anonymous exec who bashed Bills’ Josh Allen

Erin Andrews has entered the fray. A Fox Sports reporter fired back at an anonymous NFL executive who called Bills quarterback Josh Allen “overrated.”Calm downShe appears on the podcast “The Celebrities,” which she co-hosts with Charissa Thompson. “Look, if you’re going to say something about it, say it with your heart out. Take responsibility,” Andrews […]

Ex-Marlins exec pours cold water on Jazz Chisholm hot Yankees start

Former baseball executive David Samson is no stranger to voicing his opinions, but he did so specifically about Yankees fan favorite Jazz Chisholm Jr. Samson, who served as the Marlins’ team president from 2002-2017, described Chisholm, acquired in a trade with Miami over the weekend, as “average” during an appearance on “The Dan Le Batard […]