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Merger

Business
Nissan, Honda Eye Potential Merger Nissan, Honda Eye Potential Merger
Nissan, Honda Eye Potential Merger Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification.  Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…

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by Joe Lombardi
Business
CNN To Shut Down Streaming Service One Month After Debut CNN To Shut Down Streaming Service One Month After Debut
CNN To Shut Down Streaming Service One Month After Debut Just a month after its debut, CNN is shutting down its streaming service, CNN+, according to CNN Business. Subscribers have until Saturday, April 30 to watch programming, at which point CNN+ will cease to exist, the outlet reported. The move comes amid a major shakeup in company management after CNN’s former parent company, WarnerMedia, merged with Discovery to form Warner Bros. Discovery. David Zaslav, the CEO of Warner Bros. Discovery, plans to instead house all of the company’s brands under a single streaming service, CNN Business reported. “In a complex streaming market, consumers wan…

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by Michael Mashburn