Jan 2 (Reuters) - Skydance Media and Paramount Global ( PARAA ) on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission to dismiss opposition from critics, calling them unwarranted and meritless. The Center for American Rights, a nonprofit public-interest law firm, petitioned the FCC in December to block the merger, citing concerns about foreign influence on...

(Reuters) -Tesla reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon Musk-led electric vehicle maker's aging lineup and the new Cybertruck pickup failed to lure customers wary of high borrowing costs. Musk had earlier predicted slight growth in 2024 deliveries and offered a range of promotions including interest-free financing and free fast-charging to...

(Reuters) - Skydance Media and Paramount Global ( PARAA ) on Thursday defended their planned $8.4 billion merger, urging the Federal Communications Commission to dismiss opposition from critics, calling them unwarranted and meritless. The Center for American Rights, a nonprofit public-interest law firm, petitioned the FCC in December to block the merger, citing concerns about foreign influence on U.S. media...

06:00 PM EST, 01/02/2025 (MT Newswires) -- Algoma Steel Group ( ASTL ) expects Q4 total steel shipments of 545,000 tons to 550,000 tons. Adjusted EBITDA in the quarter ended Dec. 31 was projected at a loss of 55 million Canadian dollars ($38.2 million) to CA$65 million, the company said Thursday in a statement. Shares of the company fell 2.7%...