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Skydance reportedly accuses Paramount committee of violating merger deal

David Ellison’s Skydance Media is firing back at Paramount Global, accusing a special committee at the media and entertainment giant of violating the merger deal the two companies struck last month after Paramount said it would allow more time for talks with another interested buyer, according to a report on Thursday...

At Ross, ‘value offers’ worked, but discount retailer sounds cautious for the rest of the year

Shares of Ross Stores Inc. jumped in the extended session Thursday after the off-price retailer reported quarterly earnings above Wall Street’s expectations, highlighting its “value” merchandise, but it also sounded more cautious for the remainder of the year...