Thirteen months after David Ellison and Shari Redstone hashed out an $8 billion megadeal that would shift ownership of Paramount Global from the heir of a media mogul to the heir of a tech mogul, that merger finally closed on Thursday. As the Skydance team, led by Ellison as CEO and former NBCUniversal exec Jeff Shell as president, settles in, …
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Car finance payouts limited, but lenders aren’t off the hook
There may well be a few sighs of relief from senior finance company and banking executives following the Supreme Court’s ruling, but it is unlikely you will hear the champagne corks popping. The verdict does almost certainly reduce the potential compensation bill significantly. Lenders no longer face the prospect of having to pay £30bn to £40bn to aggrieved car buyers. …
Read More »Millions denied payouts after Supreme Court ruling
Millions of motorists will not be able to claim compensation for hidden commissions paid on car loans following a Supreme Court ruling. The UK’s highest court sided with finance companies in two out of three crucial test cases focusing on commission payments made by banks and other lenders to car dealers. The decision reversed earlier court rulings that had opened …
Read More »2025 British Open purse, payouts: How much did Scottie Scheffler earn for his win at Royal Portrush?
Scottie Scheffler absolutely ran away with things in Northern Ireland this weekend. The top-ranked golfer in the world cruised to a four-shot win at the British Open at Royal Portrush to claim his first ever Claret Jug and a fourth career major championship. As a result, that sent him back to the United States with a $3.1 million check. Advertisement …
Read More »Starbucks to require employees in office four days a week, offer payouts
The Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images Starbucks corporate employees will have to return to the office four days a week starting in October, the company announced on Monday. For workers who would prefer to leave the company instead of heading back to the office for an …
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