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Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger
Judge Slaps A 14-Day Timeout On Paramount-Warner Bros. Mega-Merger
A federal judge just threw a wrench into one of the biggest media shake-ups in years. On Monday, U.S. District Judge Araceli Martinez-Olguin (Biden) temporarily blocked Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, giving a coalition of 12 state attorneys general a short-term win in their fight to kill the deal.
The temporary restraining order lasts 14 days - half the 28 days the states had requested - and prevents Paramount from closing the transaction that would combine two historic...
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Jun 26, 2026 / Tyler Durden
"Perfect Storm": Bond Traders "Stunned" At How Quickly SpaceX Bonds Are Selling Off
"Perfect Storm": Bond Traders "Stunned" At How Quickly SpaceX Bonds Are Selling Off
Media reports earlier this week about SpaceX's inaugural post-IPO investment-grade bond (and we mean inaugural, as the company rushed to tap the corporate bond market just days after going public with a low-IG rating of Baa1/BBB) which priced on Tuesday, had it as almost 4x oversubscribed, at roughly $90BN in orders for the $25 billion offering (upsized from $20 billion), signaling relentless demand for the paper. Alas, it took just 48 hours for the myth of sterling...
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Sep 13, 2026 / Dave DeCamp
US Bombs Somalia for 81st Time This Year
US Africa Command announced on Friday that its forces launched another airstrike in Somalia as the Trump administration continues a record-breaking bombing campaign in the country, which receives virtually no coverage in US media. AFRICOM said the strike was launched on September 8 and targeted al-Shabaab in the vicinity of Quumbi, a village about 50 […]
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Sep 3, 2026 / Daniel McAdams
A Small but Welcome Justice at Gitmo
The recent suppression of Khalid Sheikh Mohammed’s torture-tainted confessions at Guantanamo Bay is far more than a victory for a defendant. It is a victory for the Constitution. The United States government today alleges that Mohammed was the mastermind of the Sept. 11 attacks, a crime of historic horror that demands accountability. For nine years, […]
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