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Finance & Markets

Paramount Argues That the States Post a $1.88 Billion Bond to Cover Warner Bros. Bills

Courts have historically side-eyed issuing massive bonds in merger cases, particularly when the government challenges the deal. The states have stressed that Paramount proposed the term to win over shareholders.

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish.

  • Hedge funds accumulate net long position of 177 million barrels in fuels
  • U.S. fuel shortage deepens due to Hormuz supply drying up
  • Diesel crack spread reaches record highs in U.S. and Europe

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