Skip to Content

Money

Dr. Phil’s year-old cable network files for bankruptcy, accusing broadcast partner of reneging on obligations

By Liam Reilly, CNN (CNN) — Dr. Phil’s TV network, Merit Street Media, filed for bankruptcy on Wednesday and sued Christian television giants Trinity Broadcasting Network and TCT Ministries for allegedly harming its business and contributing to its financial woes. The lawsuit, filed by Fort Worth-based Merit Street with the US Bankruptcy Court in the

Continue Reading

Trump announces a US trade deal with Vietnam

By Elisabeth Buchwald and Alejandra Jaramillo, CNN (CNN) — Against a ticking clock, President Donald Trump said Wednesday the United States has reached a trade agreement with Vietnam, pulling off the administration’s third significant deal ahead of a self-imposed July 9 deadline. Still, the state of global trade largely remains in flux. “I just made

Continue Reading

Elon Musk wants to create a new political party. Building rockets may be easier

By Hadas Gold, CNN (CNN) — Elon Musk has started multiple successful companies that have accomplished incredible technological feats. His latest ambition may be significantly more difficult to achieve: starting a new American political party for the masses. Citing his disappointment in President Donald Trump and his massively expensive domestic policy bill, Musk said he

Continue Reading

Paramount settles Trump’s ‘60 Minutes’ lawsuit with $16 million payout and no apology

By Brian Stelter and Liam Reilly, CNN (CNN) — CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall. The long-gestating and highly controversial settlement payment was announced by Paramount late Tuesday night. Paramount said the

Continue Reading