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Bill Ackman yanks Pershing Square IPO day after seeking to raise $2B

Activist investor Bill Ackman on Wednesday withdrew a high-profile initial public offering for Pershing Square USA Inc., a day after disclosing that a new portfolio would raise $2 billion in capital that had already been reduced. The billionaire head of Pershing Square Capital Management had initially postponed the launch of his PSUS fund, which was […]

Bill Maher DESTROYS Kamala; explains why she CAN’T win

Bill Maher may not be a Trump supporter, but that hasn’t stopped him from criticizing Joe Biden’s successor, Kamala Harris. “When it comes to abortion, the biggest Democratic issue, she’s a reminder to women that Republicans are going after the abortion pill. She’s not just defending Plan B, she is Plan B,” Maher joked to […]

Bill Ackman’s Pershing Square seeking $2B for IPO — well below $25B target

Billionaire Bill Ackman said Tuesday he will raise about $2 billion for his new portfolio, just a fraction of the $25 billion the hedge fund manager was initially seeking to raise. Pershing Square USA, Ackman’s first new investment vehicle in a decade, plans to sell up to 40 million shares at $50 apiece. The company […]

Bill Barr: Biden's reforms would purge Supreme Court's conservative justices

Former Attorney General Bill Barr on Monday expressed concerns about President Biden’s proposed Supreme Court reforms, arguing they would remove conservative justices from the court and “destroy the independence of the judiciary.” “The American people need to understand that a movement to fundamentally change the Supreme Court is on the horizon. Current proposals, such as […]

Can’t Find a Doctor? California Bill Would Punish Insurers for Giving Customers Outdated Info – Lost Coast Outpost

The California Medical Association, which represents California’s doctors, opposes a bill that would fine insurance companies for having inaccurate provider networks that lead to confusion in doctor referrals. Photo by Anne Wernikoff for CalMatters. For many years, licensed therapist Sarah Soroken has received feedback from her patients: mental health Healthcare providers who actually […]

Homeland Security funding bill sputters in Senate 

Senate negotiators are delaying consideration of a full-year budget for the Department of Homeland Security (DHS) as both sides struggle to find a bipartisan agreement. The powerful Senate Appropriations Committee is working to pass all 12 full-year bills and is scheduled to take up the bill Thursday along with four other full-year budget measures. “Over […]