Bill Ackman’s Deal Machine Must Try Again

Regulatory pressure forced his special purpose acquisition company to abandon a proposed investment in Universal Music Group.

A Few Tennis Pros Make a Fortune. Most Barely Scrape By.

The superstars of pro tennis get paid staggeringly more than everyone else. Can a new players’ association help level the court?

Bill Ackman’s SPAC is close to a deal valuing Universal Music at $40 billion.

It would be the largest special purpose acquisition company transaction to date.

Mount Sinai Seeks to Expand School Virus Testing Program

The health system, which is preparing to open a new laboratory that could process 100,000 tests a day, wants to take its program to public schools this fall.