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Editor's Pick

Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the...

Editor's Pick

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more...

Editor's Pick

Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and arbitrarily...

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Chris Edwards State and local subsidies and narrow tax breaks for businesses are growing. These benefits—called incentives—include grants, loans, tax credits, and tax exemptions...

Editor's Pick

Jeffrey Miron and Jacob Winter Standard economic reasoning suggests that prohibitions reduce the production and consumption of the outlawed good or activity. Penalties for...