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Sculptor Capital Management Sold in $639 Million Takeover

The Canada News Daily Sculptor Capital Management, once a prominent hedge fund, has been sold for $639 million, bringing an end to a long and contentious feud between its billionaire founder, Daniel Och, and his former protégé, Jimmy Levin. This takeover marks another milestone in the tumultuous history of the fund, highlighting the personal animosity…
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Recent Developments in Business: Microsoft, Activision, Blizzard, US Mergers, Tesla, Biopharma and UK inflation

The Canada News Daily In the fast-paced world of business and politics, developments are constantly shaping the landscape. From mergers to legislative proposals, these events have a significant impact on industries and economies alike. In this blog post, we will discuss some of the latest news, including an extended deadline for a high-profile merger, new…
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Finally Close to Having a Voting Majority, Will the Biden FCC Actually Restore Net Neutrality?

The Canada News Daily The Federal Communications Commission (FCC) has faced significant challenges in upholding net neutrality and making meaningful reforms in the telecom industry. Under the Trump administration, the agency became a mere rubber stamp for industry interests, while lobbying efforts from telecom and media giants during the Biden administration prevented the appointment of…
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Trump’s Lawyers Seek Indefinite Continuance in Florida Trial: A Constitutional Challenge

The Canada News Daily Former President Donald Trump’s legal team has submitted a motion for an indefinite continuance of the documents prosecution in Florida. This move has captivated national attention, as it poses significant implications for American democracy. Donald Trump’s lawyers have put forth a compelling case, invoking the Speedy Trial Act and referencing United…
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US District Judge Blocks Biden Administration’s Communication with Social Media Companies

The Canada News Daily US District Judge Terry Doughty has issued a ruling that hinders the Biden administration’s ability to communicate with social media companies. The decision came about as a result of a lawsuit filed by a diverse group of individuals and entities, including Robert F. Kennedy Jr. and the attorneys general of Missouri…
