Business News - News of Austin

Warner Bros. chairman sits sternly at a boardroom table with Paramount and Netflix leaders illuminated in soft light headline

Warner Bros Urges Shareholders to Reject Paramount Bid, Prefers Netflix Deal

Aiden V. Crossfield December 23, 2025

A dramatic turn in the entertainment industry unfolded this week as Warner Bros. issued a formal letter to its shareholders urging them to reject a...

President Donald Trump stands at a podium with a $1,776 bonus check and an American flag in the background

Business News Political News

Trump Blames Democrats, Announces $1,776 Troop Bonus in Prime-Time Speech

Brianna Q. Lockwood December 23, 2025

President Donald Trump delivered a politically charged speech Wednesday that aired live on prime‑time network television, blaming Democrats for the...

President Trump stands confidently holding $1,776 checks with American flag in front and patriotic cityscape in background

Business News Government News Political News

Trump Announces $1,776 Checks for 1.45 Million Troops, Blames Inflation on Biden

Isaac Y. Thornwell December 23, 2025

President Trump addressed the nation on Wednesday, announcing that military service members would receive checks for $1,776 each, a number that...

Life ring floats upright in murky Lake Superior waters with rusted metal and barnacles near the decrepit hull of the Edmund F

Business News Feature Story Local News

Edmund Fitzgerald Relics Fetch $150,000 at Detroit Auction

Aiden V. Crossfield December 23, 2025

A life ring and a piece of a lifeboat from the Edmund Fitzgerald fetched $150,000 at a Detroit auction, a month after the ship’s 50th‑anniversary...

Film reel sits atop wooden desk with scattered faith-based scripts sheets photographs a Hollywood skyline glows behind

Business News Entertainment News

Hollywood’s Faith-Based Boom Drives Record Box-Office and Streaming Success

Morgan J. Carter December 23, 2025

Hollywood’s latest box‑office surge is rooted in faith. Angel’s upcoming musical “David” has already pulled in more than $14 million in pre‑sale...

Two railroad workers looking down at a locomotive with a safety protest sign in foreground.

Business News Industry Update Transportation News

Union Pacific-Norfolk Southern Merger Loses Key Union Support Amid Safety and Job Concerns

Julia N. Fairmont December 23, 2025

The $85 billion proposal to merge the country’s two biggest railroads has just been struck by a major union coalition, raising fresh doubts over...

Football player holding World Cup trophy with green grass stadium lights and a giant $50 million check nearby

Business News Sports News World News

FIFA Announces Record $655 Million Prize Fund for 2026 World Cup

Gavin U. Stonebridge December 22, 2025

FIFA announced on Wednesday that the champion of the 2026 World Cup will walk away with $50 million from a record $655 million prize...

Rusty pipeline glinting underwater with waves lapping its base and green Michigan shoreline behind.

Business News Political News

Federal Judge Blocks Michigan’s Attempt to Shut Down Line 5 Oil Pipeline

Morgan J. Carter December 22, 2025

A federal judge on Wednesday halted Michigan Gov. Gretchen Whitmer’s bid to shut down an aging oil pipeline that runs beneath the Straits of...

Ornate safe opens revealing glowing light with blurred EU and Ukrainian flags behind evoking tension over frozen assets

Business News Political News World News

EU Faces Legal Roadblocks as Russia Sues to Free Frozen Assets

Isaac Y. Thornwell December 22, 2025

EU leaders are set to decide whether to tap tens of billions of euros in frozen Russian Central Bank assets to support Ukraine’s war effort. The core...

Door slightly ajar revealing bank chamber with golden light and scattered financial newspapers.

Business News World News

ECB Holds Rates Steady as Eurozone Growth Surges and Inflation Near Target

Morgan J. Carter December 22, 2025

The European Central Bank kept its benchmark deposit rate unchanged at 2% on Thursday, marking the fourth consecutive meeting where the euro‑area’s...