Covid Cancels Czech-Japan Beach Volleyball Match

The effects of positive coronavirus tests among Olympic athletes began on Saturday, hours after the opening ceremony, as a women’s beach volleyball team did not play due to an infection. Czech players Marketa Slukova and Barbora Hermannova “could not play,” according to the official score report, giving the win to their Japanese opponents. Slukova is …

Bill Ackman cancels SPAC deal with Universal Music.

Billionaire investor Bill Ackman said on Monday, withdrew from a plan Using its massive SPAC to buy a stake in the world’s largest record label, Universal Music Group, after the Securities and Exchange Commission expressed concerns about the complex transaction. Under the proposed deal, Mr. Ackman’s special purpose buyout, or SPAC, would buy a 10 …