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Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much

Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
HomeBusinessBill Ackman’s Fund Offers to Buy Universal Music in $64 Billion Deal

Bill Ackman’s Fund Offers to Buy Universal Music in $64 Billion Deal

The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music label’s shareholders.