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Apollo Restructuring Judge Hit With Recusal Bid Over Skadden Tie

A Delaware judge’s links to a major law firm should compel her to step aside from litigation challenging a $570 million payout by Apollo Global Management Inc. to its founders, according to court filings.

By Mike Leonard

Bezos Family Anchors Robin Hood Endowment With $100 Million Gift

The Robin Hood Foundation said it’s well on its way to reaching its $1 billion goal for a permanent endowment, with a $100 million anchor gift from the Bezos family.

AT&T Gets FCC Approval to Acquire EchoStar Spectrum Licenses

AT&T Mobility II, a subsidiary of AT&T, received the FCC’s approval to acquire EchoStar’s 600 MHz and 3.45 GHz spectrum licenses.

Blackstone Lays Groundwork for Third Long-Term Buyout Fund

Blackstone Inc. has begun preparing to raise money for the third iteration of its private equity fund that holds assets for longer than its typical investments.

Matt Levine’s Money Stuff: EBay Won’t Play With GameStop

Matt Levine discusses the issues with GameStop’s bid to buy eBay, futures for computing power, Buzzfeed and Byron Allen, transfer restrictions on private shares and forward contracts, and what if AI takes over the ‘looking busy’ part of work.

ServiceNow US Bond Sale Draws $38 Billion of Investor Demand

ServiceNow Inc. attracted strong investor demand for its first US dollar bond sale since 2020, defying concerns about artificial intelligence disruption.

Akin Employs Four Sidley Private Equity Partners in NY, London

Gerald Brant, Jeffrey Kochian, Brittany Harrison and Jonathon Hamill joined Akin as partners in its private equity practice in New York and London, the firm announced Tuesday.

Anthropic Warns Investors to Avoid Certain Secondary Markets

Anthropic PBC identified a number of secondary marketplaces as unauthorized sellers of the company’s shares, telling investors that buying the stock won’t work.