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Business
FirstFT: Warner Bros to reject $108bn Paramount hostile offer
Good morning and welcome back to FirstFT Asia. In today’s newsletter:Warner Bros to rebuff Paramount’s hostile bidGlobal brands seek PE partners in China Emmanuel Macron’s op-ed on…
iRobot co-founder says FTC's opposition to Amazon deal was 'wrong-minded' following bankruptcy filing
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China after the company's!-->-->…
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Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift
Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The!-->-->…
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Holiday shipping deadlines: Key FedEx, UPS and USPS dates you need to know
While Christmas is nearly a week away, there is still time to get packages shipped to arrive on time before the holiday. However, those shipping deadlines are rapidly!-->-->…
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Elon Musk reportedly begins funding Republicans for 2026 midterms
Wealthy business tycoon Elon Musk has started doling out money for the GOP's 2026 House and Senate races, according to Axios. He recently gave large checks to help Republicans!-->-->…
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Scott Bessent says real affordability relief, 'substantial drop' in inflation coming soon
Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability!-->-->…