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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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Apr 23, 2026 / Tyler Durden
Ayatollah Mojtaba Khamenei Surrounded By 24/7 Medical Team In Hideout As Generals Run Iran: NYT
Ayatollah Mojtaba Khamenei Surrounded By 24/7 Medical Team In Hideout As Generals Run Iran: NYT
The NY Times in a new deep dive of what governing structures now look like inside Iran says what's already long been obvious to many in the wake of longtime Ayatollah Ali Khamenei's death: "When Ayatollah Ali Khamenei ruled Iran as the supreme leader, he exerted absolute power over all decisions about war, peace and negotiations with the United States. His son and successor does not play the same role."
The publication says it was able to...
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Apr 21, 2026 / Tyler Durden
No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes
No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes
The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode.
Karex CEO Goh Miah Kiat spoke with...
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Apr 9, 2026 / Tyler Durden
Medicore 30Y Auction Has First Tail Since November
Medicore 30Y Auction Has First Tail Since November
After a solid 3Y auction and a tepid 10Y auction earlier this week, moments ago the Treasury concluded the final coupon auction of the week, when it sold $22 billion in a 30 year reopening in what was another average auction.
The sale stopped at a high yield of 4.876%, virtually unchanged from 4.871% a month ago and the highest since last July. It also tailed the When Issued 4.871% by 0.5bps, the first tail since November.
The bid to cover was 2.385,...
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