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Paramount and California’s attorney general are in advanced settlement talks over the company’s proposed $81 billion merger with Warner Bros. Discovery. Potential concessions include investing $1.5 billion in California production, retaining both studio lots and introducing safeguards for CNN’s editorial independence.

Lifestyle
Forget the AI Apocalypse—the Real Threats Are Already Here
By Christopher Mims
Lifestyle
How to Give Host Gifts That People Will Want
By Misty White Sidell
Lifestyle
At Restaurants, Phones Are Becoming the New Cigarettes
By Adam Chandler
Lifestyle
My First Impressions of the New Folding iPhone Duo
By Nicole Nguyen | Photography by Alexander Hotz for WSJ
Money
The Stock Market’s Breezy Summer Is Over. Investors Beware.
By Hannah Erin Lang
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