A mega $30 billion bond-financing package to help Paramount Skydance Corp. buy Warner Bros. Discovery Inc. crossed the finish line on Wednesday, despite growing bond-market tumult and a surge in ...

McDonald’s says it’s no longer playing around with kid amenities and customer service. The fast-food chain this week unveiled $8.5 billion in planned spending over the next 10 years, which includes ...

Free speech and media advocacy groups urged a judge to block a California settlement with Paramount Skydance that would let the company finalize its $111 billion merger with Warner Bros. Discovery.

McDonald’s plans to provide about $8.5 billion in total support to franchisees through 2036 to modernize its restaurants, expand technology and improve operations as the fast-food giant looks for new ...

McDonald’s is having one of the worst years in its history. The largest fast-food chain in the world, with nearly 2 million employees, faces a host of challenges: rising costs, a customer base ...

A court hearing offered insight into the states' decision to settle the case while bringing to the forefront some of the deal's shortcomings, which have positioned CEO David Ellison as the ultimate ...

Paramount Skydance said Thursday it is launching a syndication to raise $7.5 billion through a proposed senior secured incremental tranche of term “B” loans. The David Ellison-led company it will use ...

Nick Prueher and Joe Pickett have spent decades watching old VHS tapes, searching for the outrageous and strange human stories hiding inside.

McDonald’s said Wednesday it will spend $8.5 billion over the next decade to modernize its restaurants globally. Fast-food traffic in many markets, including the U.S., is flat, so for McDonald’s to ...

An emergency amicus brief was filed just ahead of a hearing this morning to approve the antitrust settlement agreement. Little more than an hour before a judge was set to hold a Thursday morning ...

McDonald’s is spending billions of dollars to boost its franchises, an effort to cement its title as the leader in fast food amid growing competition. The chain announced Wednesday that it will invest ...

CNN‘s top executive told staffers Wednesday that he wants to stay at the news giant, but has little knowledge of what the outlet’s soon-to-be new corporate parent has in store. “I am enthusiastic ...