• 

  Reuters

  US Supreme Court spurns copyright fight over concert recordings

  The U.S. Supreme Court on Monday declined to hear a bid by Sony Music, Warner Music and other music publishers to hold the owner of Wolfgang's Vault directly liable for copyright infringement for recordings by rock greats such as the Rolling Stones and the Who posted on the online concert archive. The justices turned away an appeal by the music publishers of a lower court's decision that spared Bill Sagan, Wolfgang's Vault owner, of direct liability for copyright infringement.

• 

  Bloomberg

  Why a US Recession Is Still Likely — and Coming Soon

  (Bloomberg) -- When everyone expects a soft landing, brace for impact. That’s the lesson of recent economic history — and it’s an uncomfortable one for the US right now.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonSevere Crash Is Coming for US Office Properties, Investors SayOnce Unthinkable Bond Yields Now the New Normal for MarketsAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Congress Averts US Government Shutdown Hours Before DeadlineA summer

• 

• 

  Investopedia

  Dumb Money Star Pete Davidson's Real Net Worth

  Comedian and actor Pete Davidson has a net worth of $8 million thanks to his time as a cast member on Saturday Night Live, his TV show 'Bupkis', and several million-dollar properties.

• 

  AP Finance

  Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

  For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. The trial of Bankman-Fried, the founder of the failed cryptocurrency brokerage FTX, will begin Tuesday with jury selection. Prosecutors from the Southern District of New York are expected to lay out a case against Bankman-Fried that shows he stole billions of dollars in FTX customer deposits and used the money to fund his hedge fund, buy real estate, and make millions of dollars of illegal campaign donations to Democrats and Republicans in an attempt to buy influence over cryptocurrency regulation in Washington.

• 

  The Wall Street Journal

  Why Netflix is Selling Pizza and Wedding Gowns Based on Your Favorite Shows

  Netflix has made product lines tied to its shows such as “Stranger Things,” “Sex Education” and “The Witcher,” but previously largely waited to see if a show was a hit before spending time and money on goods. Rival Disney has long used consumer products and experiences from theme parks to cruises, toys and tutus to bring beloved characters to the real world and deliver a steady stream of revenue. Netflix is newer to the business.

• 

  TechCrunch

  How much can artists make from generative AI? Vendors won't say

  As tech companies begin to monetize generative AI, the creators on whose work it is trained are asking for their fair share. But so far no one can agree on whether or how much artists should be paid. A recent open letter from the Authors Guild signed by more than 8,500 writers, including Margaret Atwood, Dan Brown and Jodi Picoult, urges generative AI companies to cease using their works without proper authorization or compensation. Artists, meanwhile, have brought numerous lawsuits against gene

• 

  Reuters

  Deal targeted by probe involving LVMH's Arnault was legal - lawyer

  A financial transaction under investigation in France involving LVMH owner Bernard Arnault was carried out in full respect of the law, his lawyer said on Saturday. The Paris public prosecutor's office confirmed on Friday that it is investigating financial transactions involving Arnault and Russian businessman Nikolai Sarkisov.

• 

• 

  AP Finance

  US expands probe into Ford engine failures to include two motors and nearly 709,000 vehicles

  U.S. auto safety investigators have expanded a probe into Ford Motor Co. engine failures to include nearly 709,000 vehicles. The National Highway Traffic Safety Administration also said in documents posted Monday on its website that it upgraded the investigation to an engineering analysis, a step closer to a recall. The investigation now covers Ford's F-150 pickup truck, as well as Explorer, Bronco and Edge SUVs and Lincoln Nautilus and Aviator SUVs.

• 

  Barrons.com

  10-Year Treasury Yield Hits Highest Since 2007

  Treasury yields just notched a level not seen in over a decade. The yield on the 10-year Treasury note rose 0.119 percentage points to 4.691% on Monday, putting it on pace for its highest close since Aug.