Universal Music Group‘s planned $775 million acquisition of Downtown Music Holdings, the parent company of independent distributors Fuga and CD Baby, could face European Union (EU) scrutiny after the Dutch regulator made a referral request for a competition inquiry. The European Commission, the main executive body of the EU, has not announced any official decision … Read more
Evanston’s Reparations Committee discussed a potential partnership reconstructing African ancestry with DNA testing Thursday. The committee welcomed LaKisha David, an assistant professor of anthropology at the University of Illinois Urbana-Champaign, who proposed distributing free DNA testing kits to Black residents. Illinois House Resolution 453, adopted in April 2024, offers a state model for reparations that … Read more
OXON HILL, Md. (DC News Now) — A family-owned business in Prince George’s County will soon be closing its doors after 37 years in business in the Oxon Hill community. Jason Gaister, an owner … [og_img] 2025-04-04 02:09:31
SAN FRANCISCO (KGO) — Small business owners in the Bay Area are voicing concern over former President Donald Trump’s newly announced tariffs. Simon Bryant – owner of the neighborhood restaurant Eats in San Francisco’s Richmond District – said rising food costs have already been tough to manage, and the tariffs could make things worse. RELATED: … Read more
Last month, shortly before Silver Lake completed its $25 billion deal to take Endeavor private, Carl Icahn disclosed that he had acquired a massive stake in Endeavor. By appearances, it was an unusual buy. Endeavor had been trading above the $27.50 per share stockholders were slated to receive as part of the deal for most … Read more
This sneakerhead is headed for the unemployment line. An MTA techie was fired for running a sneaker business on the job, using an agency car to transport shoes – and bookmarking 350 porn sites on his work computer, officials said. A special investigation found Metropolitan Transportation Authority computer support analyst Marcus Wilson also had several … Read more
Alison Asaro and Asheley Dean have been named Partner at Yorn Levine. Derek Reynolds has joined the firm as Senior Counsel. Asaro, whose clients list includes Graham Yost and Ramy Youssef, has been with the firm for six years. Dean, who joined the firm in 2022 from studio business affairs, advises clients that include Chris … Read more
Amazon and Meta could be big losers from President Donald Trump’s new tariffs, ad industry analysts and insiders said. Trump announced a baseline 10% tariff on products coming from all countries outside the US, but the tax is higher for certain ones. Those include China, which effectively faces a 54% tariff. Tech stocks fell sharply … Read more
Intel (INTC) and TSMC (TSM) have reportedly reached a tentative agreement that could revitalize Intel’s struggling foundry business. According to the Information, the two companies have agreed to form a joint venture with other US semiconductor firms that would operate Intel’s semiconductor manufacturing facilities. Shares of Intel jumped on the news, climbing 2.9%. NasdaqGS – … Read more