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Skyfall: Fitch Downgrade Sends Legacy Paramount Bonds To Record Low As Merger Closes
Skyfall: Fitch Downgrade Sends Legacy Paramount Bonds To Record Low As Merger Closes
Last week, when we documented how Paramount's record bond offering cratered before the ink was dry, we flagged one line from the Bear Traps chat as deserving extra attention: "Paramount's existing unsecured bonds? Primed." Today, with the $110 billion Warner Bros. Discovery takeover officially closed and the combined company (now simply "Skydance", although "Skyfall" is certainly more appropriate) open for business, Fitch made it official.
In a rating action timed to the close, Fitch cut Paramount Skydance and...
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Aug 11, 2026 / Tyler Durden
Looking Back At The Uranium One Scandal
Looking Back At The Uranium One Scandal
Authored by Stu Cvrk via American Greatness,
The Uranium One scandal was a 2010 controversy in which the Obama administration approved the takeover of Uranium One - a Canadian company with significant uranium mining assets in the United States - by Russia's state-owned Rosatom corporation. Critics alleged a pay-to-play scheme, pointing to large donations (roughly $145 million) to the Clinton Foundation from individuals connected to Uranium One and its investors, as well as a $500,000 speaking fee paid to Bill Clinton by a Russian...
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May 19, 2026 / Tyler Durden
Mamdani Touts First City-Owned Grocery Store
Mamdani Touts First City-Owned Grocery Store
Authored by Chris Wade via The Center Square,
New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge.
The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...
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Jul 24, 2026 / Tyler Durden
Confirmed Deaths In Ebola Outbreak Eclipse 1,000
Confirmed Deaths In Ebola Outbreak Eclipse 1,000
Authored by Zachary Stieber via The Epoch Times,
The Ebola outbreak spreading in Africa has killed more than 1,000 people, authorities said on July 23.
A doctor provides care to a patient with Ebola virus disease at an Ebola treatment center in Bunia, Congo, on July 13, 2026. Benediction Murhabazi /AFP via Getty Images
The number of confirmed deaths from Ebola in Congo in recent months hit 1,033, Congolese authorities said.
Forty percent of the confirmed 2,536 patients have died.
Another 506 people have recovered, and 738 are...
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