•WBD's Board stated that Paramount's revised proposal could reasonably lead to a 'Superior Proposal' compared to its existing merger agreement with Netflix.
•Warner Bros. Discovery will continue negotiations with David Ellison's company regarding the potential deal.
•The US Supreme Court agreed to hear an appeal by major oil companies seeking to block lawsuits alleging they deceived the public about climate change.
•The lawsuits allege that fossil fuel companies contributed to climate change and concealed its environmental risks.
•Japan's Ministry of Health, Labour and Welfare (MHLW) granted marketing approval for Alpha DaRT for treating locally advanced or recurrent head and neck cancer.
•This approval represents the first clinical authorization for the technology outside of Israel.
•The company will initiate a post-market surveillance program in Japan as part of the rollout.
•The US Supreme Court delivered a 6–3 decision in Learning Resources, Inc. v. Trump, striking down the use of the International Emergency Economic Powers Act (IEEPA) for global tariffs.
•Gold prices surged by 2.4% following the judicial decision.
•The market is monitoring a 150-day clock regarding potential 'Plan B' alternatives for new import taxes.
•JPMorgan Chase CEO Jamie Dimon warned that current competitive pressures in financial markets resemble conditions that preceded the 2008 financial crisis.
•Dimon noted that some lenders are loosening lending standards in pursuit of net interest income (NII) growth.
•Dimon emphasized that JPMorgan would avoid taking similar risks despite what he described as 'dumb things' being done by competitors.
•The Federal Reserve is seeking public feedback for 60 days on a proposal to end the practice of debanking crypto firms.
•The proposal aims to address 'Operation Chokepoint 2.0,' which allegedly sought to isolate the digital asset sector from the traditional financial system.