Post

The Washington Post
@washingtonpost.com

Breaking news: “The Late Show” with Stephen Colbert will end in May 2026, CBS said in a statement. The announcement came days after Colbert spoke out against the $16 million paid earlier this month by Paramount, the parent company of CBS News.

washingtonpost.comStephen Colbert’s ‘Late Show’ canceled by CBS, to end in May 2026CBS said in a statement that it was “purely a financial decision.” The show launched with Colbert as host, executive producer and writer a decade ago.
AK_Hevonen
@ak-hevonen.bsky.social

Today's Stockexchange is the poison for all companies, it seems. As soon as they get there, the end is near. Greed has always existed! Yet today a mere stagnation is considered a failure, loss. NOTHING in life goes up only, but only spoiled brats try denying that.

Distressed Stoic (Fella) 🇫🇮🇪🇺
@stenback.bsky.social

Well, the thing with corporations is that they have only one duty: make profit for the shareholders. Every action and decision is expected to serve that purpose. CEO and the board can be held responsible, if they act in a way that significantly go against that purpose. 1/

1 repost1 like

Distressed Stoic (Fella) 🇫🇮🇪🇺
@stenback.bsky.social

So it's not like stock exchange and capitalism in general fosters greed; to maximise profit is the very point of it. Of course there could be other metrics, like to maximise prosperity of employees or to maximise contributions for the embetterment of society,but the shareholder is valued the most/2