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Four House Republicans Break Ranks To Help Democrats Pass Iran War Powers Resolution
Four House Republicans Break Ranks To Help Democrats Pass Iran War Powers Resolution
The House on Thursday approved a Democratic-led war powers resolution aimed at restricting President Trump's military operations in Iran, with four Republicans providing the decisive votes.
The measure, sponsored by Rep. Pramila Jayapal (D-Wash.) and forced to the floor with Rep. Jason Crow (D-Colo.), passed 214-208. Joining every Democrat were Reps. Tom Barrett (R-Mich.), Warren Davidson (R-Ohio), Thomas Massie (R-Ky.) and Brian Fitzpatrick (R-Pa.) - the same quartet that crossed the aisle on a similar resolution last month.
It...
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May 17, 2026 / Tyler Durden
DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings
DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings
It all started in late January, just before the Blue Owl debacle and the SAAS-palcypse sparked a historic crash in private credit.
It was then that in a rare off-cycle disclosure, BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company (BDC), disclosed a 19% markdown in net asset value as troubled loans weighed on performance. The news not only sent shares of the fund plunging 13% on Jan. 26, the most since March 2020 but market...
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May 4, 2026 / Tyler Durden
Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid
Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid
Summary:
Wall Street analysts "skeptical" on GameStop Takeover of eBay
GameStop CEO Reveals Unsolicited Offer to Buy eBay
Wall Street Analysts Respond
eBay shares jumped as much as 13% in New York premarket trading after GameStop CEO Ryan Cohen told The Wall Street Journal that he had submitted a $56 billion takeover bid for the online marketplace.
Cohen's deal appears to be part of his strategy to transform eBay into a direct competitor to Amazon, leveraging GameStop's retail footprint and logistics infrastructure to create...
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Mar 3, 2026 / Alastair Crooke
The End to Deceptive Trumpian Diplomacy
Thursday’s diplomatic negotiations (26 Feb) – for all the panglossian noise from mediators and negotiators – confirmed the essential impasse. The US demands presented to Iran were: These demands plainly were formulated to obstruct, rather than facilitate, any diplomatic solution. It reflects a strategy rooted in the viscerally-held presumption of Iranian weakness that, in the […]
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