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Paramount leadership outlined plans at its annual shareholder meeting if a potential sale of the company does not occur. The Office of the CEO, comprised of three executives, proposed $500 million in cost cuts, divesting non-core assets, and lowering debt. Paramount has agreed to terms for a merger with Skydance Media and investment firms, pending approval from controlling shareholder Shari Redstone. The presented plan focuses on growing content and franchises while cutting spending and lowering Paramount's junk credit rating debt level.
⏲ 0:36 👁 7.4M
Indiana University of Pennsylvania
⏲ 1 minute 24 seconds 👁 143
Indiana University of Pennsylvania
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TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and how Dr. Pepper surpassed Pepsi in the soda market.
⏲ 1:35 👁 25.1M
The Power of Zero
⏲ 10 minutes 51 seconds 👁 42K
Indiana University of Pennsylvania
⏲ 1 minute 17 seconds 👁 177
A senate estimates revealed Services Australia paid the personal speech writer of Bill Shorten $620,000 over two years.
⏲ 1:28 👁 23.5M
Bruno Caron
⏲ 1 minute 52 seconds 👁 1.6K
Indiana University of Pennsylvania
⏲ 1 minute 53 seconds 👁 336
A high-yield savings account is essentially the same as a traditional savings account with one key difference — high-yield savings accounts pay a higher than average APY on deposits. An APY, or annual percentage yield, is the amount of interest earned on an account in one year. The APY for high-yield savings accounts can be anywhere from 3% to over 5% — much higher than that of a traditional account. <br/><br/>Savings rates have been on the rise following a series of interest rate hikes by the Federal Reserve, as the central bank has sought to reduce inflation. The Fed opted to raise rates at the last meeting, raising the federal funds rate, a key bank lending rate, to a target range of 5.25%-5.50%. Experts believe that the Fed may raise rates again at the next meeting. Higher interest rates could potentially increase savings rates further, so many recommend locking in rates now while they're on the rise. Over time, rates will decrease as inflation cools.<br/><br/>Since the rate of return on high yield savings accounts is better than that of traditional savings accounts, you'll be able to accrue more cash over time. You can use our tool, in partnership with Bankrate, to compare savings rates today.
⏲ 1:27 👁 23.1M
Indiana University of Pennsylvania
⏲ 12 minutes 7 seconds 👁 252
Nicky Christos
⏲ 2 minutes 38 seconds 👁 130
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