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Alex Sherman

Showtime chief’s departure signals Paramount is moving forward on its plan to merge streaming services

Paramount Global is considering ways to merge Showtime into Paramount+ as David Nevins departs the premium network, sources say.

Collaborative

Burberry designer Riccardo Tisci to step down ending five years of Italian control

Departure comes year after CEO Marco Gobbetti left, with Daniel Lee taking over creative head role.

Sarah Butler

Interests: Creativity

Brits warned of winter power cuts if energy supply squeezed further

National Grid braces Brits for 'managed and controlled' power cuts if energy imports drop and winter is cold.

Matt Honeycombe-Foster

Interests: Risk

Lionsgate leaning toward spinning off its studio business instead of Starz

Lionsgate hasn't given up on also selling a minority stake in Starz, but there's more investor interest in the studio business.

Alex Sherman

Interests: Creativity

Netflix says it's opening a video game studio in Finland as streamer tries to boost audience numbers

Netflix announced it will be opening an internal game studio in Finland as the streaming giant tries to boost its gaming audience.

Jack Stebbins

Interests: Creativity

British retailers welcome planned return of VAT-free shopping for tourists

Government to consult on long-called-for scheme which is likely to cost almost £1.3bn.

Sarah Butler

Interests: Variables

Johnson & Johnson CEO touts 'smart' data approach to medicine breakthroughs at new research center

"When it comes to developing new medicines, our ability to process hundreds of millions of data points makes us much smarter and faster," Duato said.

Paulina Likos

Interests: Power

With drummers, costumes and aging pomp, Britain mourned more than the queen

The British aristocracy is the most enduring elite on earth, and it knows it.

Tanya Gold

Interests: Power

FedEx cutting costs, withdraws 2023 guidance after first-quarter shipments disappoint

FedEx withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments.

Jack Stebbins

Interests: Risk

Patagonia founder just donated the entire company, worth $3 billion, to fight climate change

Moving forward, Patagonia's profits that are not re-invested into the business will be donated to a group of nonprofit organizations fighting climate change.

Lora Kolodny

Interests: Power

Warner Bros. Discovery CFO calls company's HBO Max and Discovery+ 'underpriced,' suggesting price hikes may be coming

Warner Bros. Discovery plans to combine HBO Max and Discovery+ next year, which could give the company a chance to reset pricing for its streaming service.

Alex Sherman

Interests: Risk