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Warner Bros. Board Rebuffs Paramount’s Latest Buyout Offer

By: Lauren Hirsch —
The board said the blockbuster deal it reached with Netflix last month posed less risk.

Warner Bros. Discovery, which agreed last month to sell most of its business to Netflix, advised its shareholders on Wednesday to reject Paramount’s latest rival bid.

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Mamdani Prepares to Meet With New York City’s Wary Business Leaders

By: Lauren Hirsch and Emma G. Fitzsimmons —
On Tuesday, Zohran Mamdani, a democratic socialist running for mayor, will meet with the who’s who of the corporate world as he prepares for the general election.

Zohran Mamdani, the Democratic nominee for New York City mayor, is meeting with more than 100 business leaders on Tuesday. Some of them are wary of him winning the general election in November.

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Trump Pledges to Double Tariffs on Foreign Steel and Aluminum to 50%

By: Zolan Kanno-Youngs， Alan Rappeport， Ana Swanson and Lauren Hirsch —
President Trump made the announcement at a U.S. Steel factory outside Pittsburgh.

President Trump visiting a steel plant in West Mifflin, Pa., on Friday.

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The Shutdown Crisis Leads to Questions About Who Is in Charge

By: Andrew Ross Sorkin， Ravi Mattu， Bernhard Warner， Sarah Kessler， Michael J. de la Merced and Lauren Hirsch —
Donald Trump has yet to take office but the president-elect and Elon Musk are already influencing policy, putting the federal government hours away from a shut down.

Donald Trump and Elon Musk are changing policy even before the president-elect takes office next month.

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Saks Acquires Neiman Marcus

By: Vanessa Friedman and Lauren Hirsch —
The deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape the retail landscape.

The acquisition of Neiman Marcus would further consolidate the luxury retail market.

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Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban

By: Andrew Ross Sorkin， Ravi Mattu， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Lauren Hirsch and Ephrat Livni —
Shares in the tech giant fell for a second day following reports that Beijing would bar government workers from using iPhones.

Does China plan a broad crackdown on iPhones?

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