Understanding current events through the lenses of the past and future.
Wall Street Journal
Warner Bros. Discovery sued the NBA, alleging the league broke an agreement with its TNT cable network with its Amazon’ Prime Video deal.
https://www.wsj.com/business/media/warners-tnt-sues-nba-alleging-breach-of-media-rights-contract-f935728c
Federal prosecutors charged famed short seller Andrew Left with fraud, accusing him of making exaggerated or misleading statements about stocks to quickly profit on price moves caused by his reports.
Mercedes-Benz lowered the ceiling for a key profitability target and flagged a tough Chinese market and trade tensions, but predicted a sunnier second half of the year.