Activist investor Bill Ackman’s Pershing Square Capital Management is offering to purchase Taylor Swift and Bad Bunny’s music label, Universal Music Group, in a cash-and-stock transaction valued at approximately $64 billion. The proposed deal would involve Universal Music merging with Pershing Square SPARC Holdings, an acquisition company approved by the Securities and Exchange Commission in 2023.
LAS VEGAS (AP) – The Las Vegas Review-Journal announced Friday that it will no longer print its rival the Las Vegas Sun for the first time in decades, amid an ongoing legal dispute over the nation’s last joint operating agreement stemming from a 1970 law designed to preserve newspapers.
NEW YORK (AP) – Kalshi and Polymarket, the two biggest prediction market platforms, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects.
World leaders are gathering in a French spa town Monday for a summit of the Group of Seven club of powerful democracies with a new impetus following President Donald Trump ‘s announcement of an agreement that he says will bring an end to the U.S. war against Iran.
EVIAN-LES-BAINS, France (AP) – The naval mission for the Strait of Hormuz that U.S. allies are proposing as a follow-up to a deal to end the Iran war would aim to reassure crews and shipping insurers that vessels can safely navigate the narrow waterway again, by removing any explosive mines and potentially providing military escorts.
WASHINGTON (AP) – Less than a week after the Supreme Court struck down President Donald Trump’s global tariffs, New York Gov. Kathy Hochul listened as one of the plaintiffs in the case recounted the financial toll of the levies on his wine importing business.
LAS VEGAS (AP) – Nathan Chasing Horse was expected to be sentenced Wednesday morning for sexually assaulting Indigenous women and girls, drawing to a close a case that sent shock waves through Indian Country.
LAS VEGAS (AP) – When his parents were about his age, they bought their first home. But for 27-year-old Brian Torres Suazo, that milestone feels like a distant dream, despite a secure job with union wages and down payment assistance.
EVIAN-LES-BAINS, France (AP) – Leaders at the Group of Seven summit of major industrialized nations face a packed agenda on their first full day Tuesday, including challenging discussions on ending Russia’s war in Ukraine and addressing the Middle East crisis. Ukrainian President Volodymyr Zelenskyy will be in attendance at the invitation of host France.
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