Business Update

The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million. Source link

After a 15-day standoff, a deal cleared the way for YouTube TV to resume carrying ESPN, ABC and other Disney-owned channels. Source link

When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her “shocking” spending. Source link

A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions. Source link

A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients. Source link

It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. Source link

The Trump nominee Bill Pulte has called out a Fed governor and New York’s attorney general for issues with their mortgage documents. Some leaders of the family’s home-building business bristle at how he has enhanced his reputation. Source link

Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to states, localities, tribes and others harmed in the opioid crisis. Source link

The company claimed that A.I. did most of the hacking with limited human input and said it was a rapid escalation of the technology’s use in cybercrime. Source link

The deal would reduce an extraordinarily high tariff rate of 39 percent that had threatened to cripple Swiss exports. Source link