Rodney Diola

A San Francisco federal jury on Friday found that Elon Musk defrauded Twitter investors back in 2022 when he tweeted that his $44 billion deal to purchase the social media platform was "temporarily on hold." The eight-person panel took about three-days of deliberation to find that Musk's tweets bashing the company was meant to drive down the stock price so that he could renegotiate at a better price.

Is Blue Owl a potential “canary in the coal mine” for private credit due to its recent redemption halt on a $1.6 billion fund? Some individual investors who piled into private-credit funds in recent years are wondering whether they made a mistake.