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Grounded Viewpoint

Business coverage this cycle centers on large-scale capital moves and market friction: the White House touted a reported $54 billion South Korean commitment to an Alaska gas pipeline, Ken Griffin pledged a record $3 billion to build a Carnegie Mellon campus in Miami and bolster Pittsburgh, Arab-owned cross-border businesses report anxiety as U.S.–Canada trade tensions bite, and a settlement with state attorneys general clears the way for Paramount Skydance’s roughly $110–111 billion takeover of Warner Bros. Discovery amid antitrust concerns. Christians are called to pursue truth, wise stewardship, and justice that protect workers, communities, and consumers during major corporate and policy shifts.
Business

Latest Stories in Business

4 loaded stories
Business

Warren Buffett Steps Down as Berkshire Chairman

Warren Buffett announced in a letter to shareholders that he is stepping aside as chairman of Berkshire Hathaway. PBS NewsHour reports Buffett has held the chair since 1970 and led the company for more than 50 years. NPR reports that his son, Howard Buffett, will become Berkshire Hathaway's new chairman. The original CBS News item states the shareholder-letter announcement; PBS and NPR provide corroboration and additional context about tenure and succession.

3 sources
Business

Court Temporarily Blocks Paramount–Warner Merger

A judge issued a temporary restraining order on Monday that halts a planned takeover by Paramount's owners of Warner Bros. Discovery. That order pauses the transaction that Paramount's owners had hoped would be completed by the end of the week. The legal action follows a lawsuit by a coalition of states — reported as twelve states led by California — challenging the merger on antitrust grounds; those states allege the deal would reduce competition and consumer choice. PBS reports the court-ordered pause will last at least two weeks while the states' challenge proceeds.

News & biblical perspective
Law

Judge Halts Paramount-Warner Merger for Two Weeks

On July 20, 2026, a judge issued a temporary order requiring Paramount and Warner to halt their proposed merger for at least two weeks while states challenge the deal. Twelve states, led by California, filed suit last week seeking to block Paramount's pending buyout of Warner, alleging the merger would 'extinguish competition' in Hollywood and reduce consumer choice. Independent reporting (NPR) confirms the court action temporarily freezes the companies' plans to complete the transaction.

News & biblical perspective
Business

Good Good Golf CEO, President Resign After Ad

On Sept. 3, 2026, Good Good Golf's CEO Matt Kendrick resigned amid public backlash over a recent Callaway-related advertisement that critics described as sexist. Reports also say the company's president, Joe Flannery, left the company. News outlets link the departures to the furor over the ad; the supplied reporting does not include the ad's full text or video, nor does it include public statements from Callaway or extensive internal company documentation.

2 sources

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