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.
KYIV, Ukraine (AP) – A Ukrainian drone attack killed one person and injured three in Russia’s southern Krasnodar region, local officials said Saturday, as part of Kyiv’s campaign of strikes on military and energy targets deep inside Russia.
Adam Scott is playing in his 100th consecutive major next week in the U.S. Open at Shinnecock Hills. Here’s a list of notable players (streak in parentheses) and how their streaks ended:
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.
NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.
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