Author: News Room

‘Jeopardy!’ and ‘Wheel of Fortune’ to Leap to Streaming

“Wheel of Fortune” and “Jeopardy!” are two of the biggest holdouts of the streaming revolution, available only on traditional broadcast television.Not for much longer.Sony Pictures Entertainment, the owner of the popular game shows, said on Thursday that it was soliciting bids from major media and tech companies for the streaming rights to new episodes of the two series for the first time.“Jeopardy!” and “Wheel of Fortune” still command big audiences — roughly seven million viewers a night for each, according to Nielsen. That audience, however, is getting older and declining, just like the audiences for rest of traditional television.Other mainstays…

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Founding Family Fails in Bid to Buy Out 7-Eleven

The founding family of 7-Eleven’s Japanese parent company has failed to secure the money to buy it out, the company said Thursday, months after they launched a bid worth over $50 billion to fend off a foreign takeover.Seven & i Holdings, which sits atop a vast network of 85,000 convenience stores, primarily in Asia and the United States, said in a statement that it would assess alternatives, including the proposal from Canada’s Alimentation Couche-Tard that the founding family had rejected.Junro Ito, an executive at Seven & i and the son of its founder, and Ito-Kogyo, the family’s asset management company,…

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Trump to Revoke an Oil License in Venezuela

President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s government and Chevron, which produces oil there.Mr. Trump did not mention Chevron in his post on Truth Social, saying only that he would reverse concessions granted on Nov. 26, 2022. That’s when the Treasury Department gave Chevron permission to expand operations in Venezuela. The license is up for renewal on March 1.“The regime has not been transporting the violent criminals that they sent into our Country (the Good Ole’ U.S.A.) back…

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Paramount Retreats on D.E.I. Policies

Paramount, the parent company of BET, MTV and the Paramount film studio, on Wednesday said it was rethinking its approach to diversity, equity and inclusion amid a broader backlash toward D.E.I. policies driven by the Trump administration.In a note to employees obtained by The New York Times, Paramount’s co-chief executives said that they were making changes to the company’s D.E.I. policies to conform to efforts by the Trump administration to eliminate diversity programs in the federal government and the private sector.Paramount is ending its practices of using aspirational hiring goals related to race, ethnicity sex or gender, said the memo,…

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Cuts at USAID and Elsewhere Strain Global Journalism

Galina Timchenko, publisher and chief executive of the investigative newsroom Meduza, thought she was ready for anything. The site, based in Latvia and known for its fearless reporting on Vladimir V. Putin’s regime, had prepared for cyberattacks, legal threats and even poisonings of its reporters.One thing she hadn’t anticipated: defunding by the U.S. government.Meduza, which had received roughly 15 percent of its annual budget from programs funded by the U.S. government, has been thrust into a financial crisis after the Trump administration abruptly stopped all foreign assistance from the United States Agency for International Development and other federal agencies this…

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How to Watch the Launch of Intuitive Machines’s Second Moon Landing Mission

Intuitive Machines landed a robot on the moon last year. Can the Houston company do it again, but keep the spacecraft upright this time?When the spacecraft, named Odysseus, set down on the moon last February, it managed to communicate with Earth even though it had toppled on its side. It was the first commercially operated lander to reach the moon’s surface, and the first American vehicle to land softly on the moon since Apollo 17 in 1972.The company’s second lander, named Athena, is now on the launchpad. Here’s what you need to know about Wednesday’s flight.When is the launch, and…

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Why Is Egg Shopping So Unpredictable?

On Saturday morning in Culver City, Calif., Marie Hernandes finally found her eggs. A friend had asked for a vanilla birthday cake, so all week after work, she’d visited multiple stores — Ralphs, Target, Walmart — only to find the eggs sold out. Finally, an early-morning run to Costco landed her two 24-packs at $7.69 each.“I might as well get more,” she said. “I don’t want to spend more time without eggs.”Grocery stores 20 minutes away had wildly different selections. In Inglewood at a Northgate González Market, a family-owned Mexican chain with 43 locations in Southern California, eggs priced at…

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Europe Relaxes Rules on Company Climate Reports

The European Commission on Wednesday proposed to substantially loosen the requirements on companies to report on the social and environmental impacts of their operations.The proposal would limit the rules to companies with more than 1,000 employees and revenue over 50 million euros ($53 million), which means that about 80 percent of companies currently covered by the directive will now be exempt.The Commission is trying to simplify regulations that businesses say impede investment and growth. European officials have become increasingly concerned about waning economic competitiveness, particularly when compared with the United States and China. These worries have been exacerbated since President…

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What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers

It’s a tax season unlike any other: As millions of Americans dutifully file their returns, the Trump administration is calling for the abolition of the Internal Revenue Service and plans to fire as many as 7,000 workers — all while Elon Musk’s Department of Government Efficiency is seeking access to detailed taxpayer information.It is not surprising that many taxpayers are wondering how this may affect their returns and refunds. But despite the uncertainty, tax experts say individuals shouldn’t change their behavior — the sooner you file, the better. There are also several things that taxpayers can do to try to…

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Bezos’ Directive for Washington Post Opinion Pages Leads to Editor David Shipley’s Exit

The Washington Post’s opinion editor, David Shipley, is exiting as the newspaper’s owner, Jeff Bezos, said the section’s focus would narrow to defend “personal liberties and free markets.”“I am of America and for America, and proud to be so,” Mr. Bezos said. “Our country did not get here by being typical. And a big part of America’s success has been freedom in the economic realm and everywhere else. Freedom is ethical — it minimizes coercion — and practical; it drives creativity, invention and prosperity.”In his note, Mr. Bezos said that he asked Mr. Shipley whether he wanted to stay at…

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