David Ellison's Paramount beats earnings estimates — but may owe WBD shareholders more than $1 billion

Paramount Skydance CEO David Ellison's company may soon have to pay up to WBD investors. Gabe Ginsberg/Getty Images Paramount Skydance beat revenue and earnings estimates, but its backers may soon have to pay up. The trial for Paramount's proposed merger with WBD won't start until March 2, a federal judge ruled. Param

Pfizer Tuesday slightly raised the lower end of its full-year revenue forecast after beating Wall Street estimates for second-quarter profit, driven by strong demand for blood thinner Eliquis.

"I believe that anyone who oversees a news organization — I am chief executive of Paramount, which owns CBS — shouldn’t put a finger on the scale, especially on matters involving his own company," Elllison wrote.

Paramount CEO David Ellison says the real fight over his $111 billion Warner Bros. Discovery merger is whether he can be trusted as a steward of CNN news.

Paramount Skydance CEO David Ellison broke his silence on the antitrust litigation facing his company’s proposed $111 billion merger with Warner Bros. Discovery. In a New York Times guest essay published Tuesday, Ellison argued that legal pushback against the deal has been motivated by concerns over his ownership of CN

‘The issue is whether I can be trusted as a steward of Warner’s CNN,’ Ellison wrote. ‘There has been speculation about my politics, my loyalties, my intentions’

Pfizer beats earnings estimates, targets $2.5 billion in additional cost cuts  Reuters

The issue is whether I can be trusted as a steward of CNN