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Mash-Up of Paramount and Warner Bros. Will Be Called Skydance

David Ellison, the tech scion who will run the combined company, borrowed the name of his original entertainment company that reflects his love of aviation. On Friday, the C.E.O.s of Warner Bros. were told they would not stay on once the companies merged.

Β© Apu Gomes/Getty Images

Skydance Media headquarters in Santa Monica, Calif.

Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

Β© Haiyun Jiang/The New York Times

Renovations to the Federal Reserve became a flashpoint between President Trump and Jerome H. Powell before Mr. Powell stepped down as the central bank’s chair in May.

College Students Flex Their Power in A.I. Investment Frenzy

Dorm Room Fund, a program that lets college students invest in their peers, raised a new $50 million fund as the competition for young founders ramps up.

Β© Hilary Swift for The New York Times

Molly Fowler, a partner at Dorm Room Fund, at her office in Manhattan. The venture capital firm has raised a new $50 million fund.
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