Brazil Arrests Former Peruvian Foreign Minister Augusto Blacker Miller in International Fraud Case 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
U.S. Offers NATO-Style Security Guarantees to Ukraine as Peace Talks Show Progress 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Tunisia Protests Grow as Opposition Unites Against President Kais Saied’s Rule 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Belarus Pledges to Halt Smuggling Balloons Into Lithuania 
Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case 
Thousands Protest in Brazil Against Efforts to Reduce Jair Bolsonaro’s Prison Sentence 
U.S. Lifts Sanctions on Brazilian Supreme Court Justice Amid Shift in Brazil Relations 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Paramount Global, the parent company of CBS, has agreed to pay $16 million to settle a lawsuit filed by U.S. President Donald Trump over a controversial "60 Minutes" interview aired in October. The funds will be allocated to Trump’s future presidential library, with no direct or indirect payment to Trump himself. The settlement includes no apology or admission of wrongdoing by Paramount.
Trump initially sued CBS for $10 billion, later increasing the claim to $20 billion, alleging the network deceptively edited an interview with then-Vice President Kamala Harris to sway the 2024 election in favor of the Democratic Party. According to the lawsuit, two different responses were shown to the same question about the Israel-Hamas war, violating the Texas Deceptive Trade Practices Act.
While CBS called the suit “completely without merit,” it ultimately agreed to release transcripts of future presidential candidate interviews on "60 Minutes," allowing for redactions based on legal or national security concerns.
This settlement follows other recent media concessions. ABC News, owned by Disney, previously settled a defamation case with Trump, donating $15 million to his presidential library and issuing a public apology. Meta Platforms, parent company of Facebook and Instagram, also settled a lawsuit with Trump for $25 million over his social media account bans following the January 6 Capitol riot.
As Paramount moves toward an $8.4 billion merger with Skydance Media, the legal settlement helps remove a potential hurdle ahead of regulatory approval. Trump has made clear his intent to continue legal action against media organizations he accuses of biased or misleading coverage. He recently refiled a lawsuit against the Des Moines Register over a poll showing Kamala Harris leading in Iowa, accusing the outlet of deceptive practices.
