Business

Warner Bros. Discovery shareholders approve Paramount Skydance deal

Warner Bros. Discovery Inc. announced on Thursday that its shareholders voted to approve its previously announced transaction with Paramount Skydance Corp. at a special meeting of stockholders. “Shareholder approval marks another important milestone towards completing our acquisition of Warner Bros. Discovery, building on our successful equity and debt syndications and…

Party City expands footprint through Staples partnership after store closures

Party City is expanding its retail footprint into more than 700 Staples stores nationwide, marking a major distribution push after shuttering hundreds of locations in recent years. The partnership, announced Tuesday, will bring Party City’s balloons, décor and party supplies into Staples stores and onto its website, with plans to…

Major airline axes 20,000 ‘unprofitable’ flights as jet fuel costs soar

Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes “unprofitable” as the global aviation industry grapples with rising costs. The German carrier said Tuesday the cuts, which will run through October, are expected to save about 40,000 metric…

Generac recalls portable generators sold at Costco over fire risk

Generac Power Systems is recalling certain portable generators sold at Costco after identifying a defect that could cause gasoline to leak, posing a potential fire and burn hazard, according to a notice sent to customers. The recall affects Generac GP9200E gas generators purchased between May 2025 and February 2026, Generac…