Disney Licenses ICC Cricket TV Broadcast Rights to India’s Zee

Earlier this year, Viacom18 Media Pvt., a joint venture between Paramount Global and Mukesh Ambani’s Reliance Industries Ltd., won the streaming rights for the Indian Premier League, or IPL, cricket tournament away from previous rights holder Disney+ Hotstar. Disney grabbed the television rights.

Fed Chief Talks Tough on Inflation. There’s More Pain Ahead for the Stock Market.

From left: Fed officials Jerome Powell, Lael Brainard, and John Williams ponder the great outdoors during a break at the economic symposium at Jackson Hole. David Paul Morris/Bloomberg Text size Grand Teton National Park has a stark warning for visitors to the Wyoming mountain oasis. “Bears are active,” it says on its website. “Travel in … Read more

Bids for India Cricket Rights at $5.8 Billion on 1st Auction Day

The auction started slow on Sunday as bidders navigated carefully through the e-auction process — this is the first time it’s being tried for the IPL — but heated up later, according to one of the people, who didn’t want to be named as the information is not public. Bidding was more intense for digital … Read more

Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup

OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway BRK.A, -0.16% BRK.B, -0.34% shareholders at the company’s recent annual meeting. That means investors already knew that … Read more