Headlines From The Times

Federal Judge Freezes Paramount-Warner Bros. Merger, Trump Slaps 50% Tariffs on Canadian Goods, and California E-Bike Injuries Surge

Published: July 21, 2026

Duration: 5:39

The Paramount-Warner Brothers saga continues as a federal judge in California hit pause on one of Hollywood's biggest mergers. The ruling temporarily blocks the $111 billion merger of Paramount-Skydance and Warner Brothers Discovery after a coalition of 12 state attorneys general, led by California AG Rob Bonta, filed a restraining order to stop the deal.

 

Meanwhile, the United States' trade war is escalating with Canada as the Trump administration is slapping a new set of 50% tariffs on goods ranging from wine to hockey sticks to cement. The administration says the broad tariffs are in response to what t...