09:58 AM EDT, 06/04/2024 (MT Newswires) -- Paramount Global's ( PARAA ) leadership presented plans Tuesday at the company's annual shareholder meeting to explore a streaming joint venture, cut $500 million in costs, and sell non-core assets in case a sale is not successful, CNBC reported Tuesday. The company's leadership consists of CBS Chief Executive George Cheeks, Paramount Pictures CEO...

June 4 (Reuters) - Paramount Global's ( PARAA ) top executives on Tuesday laid out a sweeping restructuring plan that includes $500 million in annualized cost cuts, potential asset sales and a possible joint venture or other partnerships for its Paramount+ streaming service. Like other media companies, Paramount's fortunes has waned as the traditional television business declined while the streaming...

09:58 AM EDT, 06/04/2024 (MT Newswires) -- Ford Motor ( F ) said Tuesday its US total vehicles sales were up 11% in May to 190,014 from 170,933 a year earlier. The automaker sold 8,966 electric vehicles in May, up nearly 65% from the previous year, and 37,208 EVs in 2024 so far, an increase of 87.8% from a year...

09:55 AM EDT, 06/04/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 12.07, Change: -0.12, Percent...