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An Oscar statue is pictured at the red carpet of the 97th Annual Academy Awards at the Dolby Theatre in Hollywood, California on February 28, 2025. Angela Weiss | Afp | Getty ImagesThe 101st Academy Awards will be hosted on YouTube.The Academy of Motion Picture Arts and Sciences announced Wednesday it’s signed a multiyear deal with the Google-owned service to stream the Oscars starting in 2029 and running through 2033. The exclusive rights deal includes red carpet coverage, behind-the-scenes content and access to the Governors Ball in addition to the telecast. The coverage of the Academy Awards will be available to…

The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local governments on subsequent events that occur after financial statements are issued.Processing ContentStatement No. 105, Subsequent Events, aims to provide more consistent reporting of such events. GASB has found from its research that there were differences in practice in how the previous guidance from GASB Statement No. 56 was being appliedThe new guidance defines subsequent events as transactions or other events that occur after the date of the financial reporting statements but before the date the financial statements are available to be issued.…

Mexican and American flags attached to vehicles at a Tricolor dealership in Houston, Texas, Sept. 11, 2025.Mark Felix | Bloomberg | Getty ImagesThe CEO of subprime auto firm Tricolor directed a deputy to send him $6.25 million in bonuses in August as fraudulent schemes propping up the company unraveled, U.S. prosecutors alleged.Daniel Chu, the CEO and founder of Tricolor, told Chief Financial Officer Jerome Kollar to send the final two payments of his $15 million annual bonus on Aug. 19 and 20, according to a federal indictment unsealed on Wednesday.Chu, who is accused of engaging in “systemic fraud” over roughly…

U.S. medical supplies giant Medline is set to debut on the Nasdaq on Wednesday after the biggest initial public offering of the year. The private equity-owned company priced at $29 per share on Tuesday, raising $6.26 billion in an upsized offering that finishes off a strong year for new listings and bolsters optimism about the IPO market in 2026. Shares of Medline will trade under the symbol “MDLN.” The IPO pricing gives Medline a market value of at least $37 billion, based on the shares listed in its regulatory filings.”Historically, we’ve done very little advertising, very little marketing, and this gives us…

2025-12-17T17:01:01.214Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link 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. Netflix will stream three Barstool Sports video podcasts exclusively. The deal includes “Pardon My Take,” “The Ryen Russillo Show,” and “Spittin’ Chiclets.” Netflix aims to rival YouTube by adding exclusive video podcasts and diversifying its content. Netflix will exclusively carry three Barstool Sports video podcasts, marking the streamer’s third…

Moderate House Republicans have revolted against Speaker Mike Johnson and joined with Democrats to force a vote in January on expiring Obamacare subsidies.Processing ContentThe rebellion comes after Johnson blocked swing-district Republicans from having a floor vote this week on their plan to tie a one or two-year extension of the subsidies to cost-saving changes to the program.”We’ve exhausted nearly every option,” New York Republican Mike Lawler said. “And, you know, we worked in good faith over these past many weeks to come to a compromise bill.”The pushback, which follows months of wrangling on the issue, is too late to stop…

2025-12-17T16:57:02.758Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link 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. Walmart CEO Doug McMillon has shared his annual reading stack — his last before retiring. The 11 titles cover a broad range of topics in business and beyond. “They were also a good reminder of why our purpose and values matter,” McMillon said. If you’re still looking for a…

Want a job at Anthropic? It might help to get a hobby.The AI boom is changing the job requirements for an engineer. Not only do they need to have coding skills, but they also must know how to operate vibecoding tools and stay up to date with new AI models.Anthropic leader Boris Cherny looks for something else: “Side quests.””When I hire engineers, this is definitely something I look for,” he said on “The Peterman Pod.”Cherny’s definition of side quests includes “cool weekend projects,” like someone who’s “really into making kombucha.” It’s a sign that the engineer is curious and interested…

The retail landscape is shifting quickly. After years of leaning heavily into e-commerce during and following the pandemic, major retailers are trying to pull shoppers back into stores, and they’re deploying a wave of new tech to make it happen.Foot traffic has been rising as consumers seek immediacy and hands-on experiences, but their expectations have changed. Shoppers want the convenience they’re accustomed to online, without sacrificing the ability to see products in person. That’s pushing retailers to layer AI and automation directly onto the store floor.Brick-and-mortar stores are rolling out tools like computer-vision inventory tracking, smarter shelves, autonomous checkout, and…

There’s one clear winner in the fight for Warner Bros. Discovery: Wall Street banks.Some big names in finance could clean up. WBD is set to pay Allen & Co., J.P. Morgan, and Evercore a total of $225 million in connection with its sale to Netflix or David Ellison’s Paramount Skydance, if a deal goes through, according to a new SEC filing.WBD has been weighing dueling offers from Netflix, which wants to buy its studio and streaming business, and Paramount, which bid for the whole company (including its cable TV channels). WBD’s board reiterated its support for Netflix’s offer on Wednesday, following Paramount’s…