MarketWatch
Powered by Nvidia’s RTX Spark chip, the latest Windows laptop is designed to run AI models and workloads directly on the device.
Bloomberg Markets
David Friedland, co-head of North America investment banking at Citi, joins Dani Burger on "Bloomberg Deals." Private equity firms are still aggressively poaching talented young bankers from Wall Street despite indications last year that they would slow down. (Source: Bloomberg)
Bloomberg Markets
The Federal Reserve said on Wednesday that the US participation with Japan in intervening to support the Japanese yen in late July was a Treasury Department move, and that its own funds weren’t involved.
Bloomberg Markets
LIV Golf’s top-ranked professional, Jon Rahm, is quitting the bankrupt golf tour and views its proposal to give players a majority ownership stake in the newly established enterprise as “unacceptable,” according to his lawyer.
Bloomberg Markets
Bloomberg's Liana Baker joins Dani Burger on "Bloomberg Deals." The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, in another change of hands for the pharmacy chain and a UK return for the former Selfridges owner. (Source: Bloomberg)
Bloomberg Markets
Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." LIV Golf, a bankrupt golf tour backed by Saudi Arabia’s sovereign wealth fund, is receiving a financing commitment of as much as $300 million from the credit arm of BC Partners, potentially obtaining the funding needed to launch a 2027 season. (Source: Bloomberg)
Bloomberg Markets
David Friedland, co-head of North America investment banking at Citi, joins Dani Burger on "Bloomberg Deals." Citigroup is slashing the time its investment-banking analysts need to wait to advance to associate level, part of a push by the bank to attract and retain top talent in a fierce job market that’s seen buyout firms poach aggressively from Wall Street. (Source: Bloomberg)
Bloomberg Markets
Ward McNally, founder, co-CEO and managing partner of McNally Capital, Sheila Kahyaoglu, senior equity research analyst at Jefferies, and Anita Antenucci, founder & managing partner of 3Wire Partners, joins Dani Burger on "Bloomberg Deals." They discuss the wave of new investing in defense companies comes amid global tensions and conflict. (Source: Bloomberg)
Bloomberg Markets
Creditors to Hertz Global Holdings Inc. are organizing across at least two groups, bracing for potential negotiations with the car rental company over its billions of dollars of debt that comes due over the next few years, according to people familiar with the matter.
MarketWatch
For decades, investors concerned about stocks sought succor in the bond market. But these days, the best shield against an outbreak of volatility might just be owning other stocks.
NY Times Business
Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.
Financial Times
Co-pilot of flight 1073 gravitated towards the ‘manosphere’ and expressed misogynistic views
NY Times Business
An American Airlines flight was diverted to New York on Tuesday because of an “inadequate number of operational lavatories” — two, on a plane that normally has eight.
MarketWatch
Last month’s rate hike was viewed by many officials as needed just in case inflation remains sticky.
Financial Times
Leap in credit default swaps tracking Elon Musk’s aerospace group follows an FT report that it is seeking to raise $40bn to buy Nvidia chips
Bloomberg Markets
Five former Barclays traders have had their convictions for rate-rigging overturned by a London court.
Alex Morgan explains. (Source: Bloomberg)
Bloomberg Markets
David Friedland, co-head of North America investment banking at Citi, says private equity firms are still aggressively poaching young bankers from Wall Street banks. He talks about Citi’s plan to accelerate promotions and provide higher pay to its junior bankers. (Source: Bloomberg)
Bloomberg Markets
M&A deal values are slipping as uncertainty rises around elections, rates, and regulation. Paul Aversano, Global Practice Leader of Global Transaction Advisory Group at Alvarez & Marsal, joins Bloomberg Open Interest to explain why large, debt-heavy buyouts are feeling the most pressure, how mid-market deals are holding up, and where global hotspots and AI-driven risks are emerging.
Correction: "This video was edited to correct the spelling of "Paul Aversano" that aired in the program at 10:10
Bloomberg Markets
The US Securities and Exchange Commission warned asset managers and activist investors about their reporting obligations following a shareholder campaign in 2021 to remove Exxon Mobil Corp. directors over their record on climate.
MarketWatch
The polite word for what the government and Wall Street are doing is deferring payment, like opening a tab at a bar that somebody else will pay later.