Bob Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.

Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.

Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.

Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.

The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.

Thousands of people with sleep apnea and other illnesses had sued the company, claiming flawed devices were harming them.