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Merger math: California Attorney General Rob Bonta and Paramount are in advanced settlement talks over the company’s proposed $81 billion merger with Warner Bros. Discovery, with potential concessions including a $1.5 billion investment in California production and commitments to keep Paramount’s studio lots in the state. Other terms under discussion include penalties if Paramount fails to produce 30 movies annually after the merger, possible sales of cable channels and a board to oversee CNN’s editorial independence. No final agreement has been reached. The Wall Street Journal has the full story.
Experience wins: Companies adopting AI are adding jobs overall, but the gains are concentrated among senior employees, whose employment rose 6.7% over five years while junior employment fell 3%. Researchers analyzed 1.25 billion job postings and 154 million employment records and found the shift toward senior workers across countries, with computer and math roles also seeing employment growth alongside a greater emphasis on senior positions. The findings add to concerns about AI’s impact on younger workers, including a separate study showing employment among 22- to 25-year-olds in highly AI-exposed jobs is 19% below expected levels. Bloomberg has the full story.
US production boost: Nissan plans to increase U.S. production by adding a third shift at its Tennessee and Mississippi plants, potentially raising annual output to about 1 million vehicles from nearly 487,000 in 2025. The automaker is counting on the 2027 Rogue hybrid, powered by its new e-Power technology, to boost U.S. sales and compete with popular hybrid crossovers from Toyota and Honda. Nissan expects to begin U.S. production of the hybrid in 2027 while initially importing vehicles from Japan, as part of a broader turnaround strategy that targets 80% domestic production of U.S.-sold vehicles by 2030. CNBC has the full story.
