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Business

U-M: Consumer confidence survey drops to 2022 lows

Consumer sentiment dropped for the second month in a row, according to the University of Michigan Surveys of Consumers, with respondents citing concerns about the Iran War, resulting in high gas prices and poor buying conditions. “The Iran conflict appears to be passing through to consumer ...

Combined Paramount-Warner would reshape media

NEW YORK (AP) — HBO Max, "Harry Potter" and CNN may soon find themselves under a new roof: Paramount. That's because shareholders of Warner Bros. Discovery approved an $81 billion sale of the company on Thursday. Including debt, the proposed buyout valued at nearly $111 billion based on ...