Author: Editor

Corporate wellness may be in, but that doesn’t seem to be stopping companies from splurging on champagne and steak this holiday season.TikTokers are giving the internet a glimpse into consulting and tech companies’ holiday parties, from ice skating to raves.It appears that some consulting firms consulted with the same venue — Deloitte and KPMG’s parties both seem to take place at Le Grand Palais des Glaces, an indoor ice skating rink with a mock Eiffel Tower, according to videos on TikTok.KPMG confirmed that more than 3,000 people attended its party in Paris at Le Grand Palais des Glaces. None of…

Ted Sarandos, left, co-CEO of Netflix, and David Zaslav, CEO of Warner Bros. Discovery.Mario Anzuoni | Mike Blake | ReutersHours before Warner Bros. Discovery agreed to sell its studio and streaming assets to Netflix, Ted Sarandos, the co-CEO of Netflix, called WBD CEO David Zaslav to inform him Netflix wouldn’t be bidding any higher. WBD shareholders now have a chance to call Sarandos’ bluff.WBD shareholders have until Jan. 21 to tender their shares to Paramount for $30 in cash, though that deadline may be artificial. Paramount can extend it all the way to WBD’s annual meeting, which hasn’t been set…

Representative Steven HorsfordEric Lee/Photographer: Eric Lee/Bloomberg A bipartisan House duo is drawing up a cryptocurrency tax framework that would provide a safe harbor for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain transactions.Processing ContentThe cryptocurrency sector has clamored for legislation that would clarify the tax treatment of digital assets, even as a broader measure to establish regulation of the assets is still under negotiation. Republican Rep. Max Miller of Ohio and Democrat Rep. Steven Horsford of Nevada have obliged with a rough draft that would align the taxation of cryptocurrencies with that of traditional securities.The draft,…

NBA Commissioner Adam Silver speaks during a news conference following a meeting of the NBA’s board of governors at the Thomas & Mack Center in Las Vegas, July 15, 2025.Chase Stevens | Las Vegas Review-journal | Getty ImagesThe NBA is looking to Europe for its next stage of growth. The league announced on Monday that it will move forward with a joint exploration of a new professional men’s league in Europe, in partnership with the International Basketball Federation, also called FIBA. The NBA said it plans to start the process of engaging with prospective teams and ownership groups in January.…

2025-12-22T15:17:30.288Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. George Vanderbilt’s Biltmore House was completed in Asheville, North Carolina, in 1895. The 175,000-square-foot home, now open to the public, is the largest private residence in the US. Its holiday display includes 36 interior Christmas trees and 75 others around the 8,000-acre estate. On Christmas Eve 1895, George Vanderbilt…

YouTube TV saw cancellations spike during the 15-day Disney blackout — but so did its competitors.YouTube TV’s cancellation rate surged to 6.9% in November, its highest level in at least a year, according to data from subscription data provider Antenna, shared exclusively with Business Insider.It wasn’t the only virtual pay-TV bundle to see an uptick in cancellations, however. All of YouTube TV’s major rivals — including DirecTV Stream, Sling, and Disney’s Hulu + Live TV — also saw their churn rates soar in November to at or near their highest levels in a year, Antenna found.And there’s another wrinkle. Those…

WH Smith Plc is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.Processing ContentThe embattled retailer also cut its annual dividend for the first time since the pandemic in its delayed full-year results Friday. The FCA is looking at potential breaches of U.K. listing and disclosure rules relating to the company’s findings set out on Nov. 19, the regulator said separately. An independent review by Big Four firm Deloitte blamed the accounting error partly on lack of oversight, WH Smith said then,…

More human resources teams are using artificial intelligence for a variety of functions. Amazon and Siemens, for example, use AI for HR to analyze résumés and make job recommendations based on an applicant’s skills.Indeed, 31% of organizations this year report using some type of AI technology, according to a 2025 survey of nearly 10,000 HR professionals by Sapient Insights Group.Many companies are also creating new HR job titles that require AI skills, such as data literacy, analytics, large-language model prompt engineering, and workflow redesign.Moreover, in 2026, many organizations are willing to offer higher salaries for AI-related skills, including data science,…

Paramount Skydance on Monday revised its hostile bid for Warner Bros. Discovery, without increasing the price, after WBD’s board affirmed its backing of rival Netflix’s offer.In Paramount’s new offer, the company said Larry Ellison, one of the richest people in the world and father to Paramount CEO David Ellison, agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer. Paramount said Ellison also agreed not to revoke the long-standing Ellison family trust.This change by Paramount directly responds to objections raised by the WBD board in response to its last offer. Paramount had previously…

This as-told-to essay is based on conversations with Nick Woolsey, 39, who recently decided to move back to Japan after spending the last six years in the US. Woolsey, an American, is returning on a “highly skilled professional visa” after starting a company that helps people relocate to Japan. The conversation has been edited for length and clarity.I wasn’t really thinking about permanent residency the first time I moved to Japan, because I was in my 20s and I didn’t really have a plan. Now that I’m in my 30s — soon 40s — I feel like people in my…