Bloomberg Markets
Oil steadied after Israel and Iran agreed to end attacks against each other following an escalation of violence that threatened to derail efforts to end the war in the Middle East.
Yahoo Finance
Bloomberg Markets
Mitchell Modell, former CEO of Modell's Sporting Goods and partner at Versa NYC, discussed the significant economic impact the New York Knicks have on the city, especially during the NBA Finals. Modell described the intense excitement and high demand for bar space surrounding the games. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
MarketWatch
“It may be a while because there are things we want to do that are likely easier as a private company,” OpenAI says.
Bloomberg Markets
Just a year before the New York Knicks rode a double-digit winning streak to the NBA Finals, the company that broadcasts its games was thrown a lifeline to avoid a potential bankruptcy filing. Now, the lenders who backed that restructuring are likely cheering on the team’s success.
NY Times Business
With his friend Jim Drake, he built the Windsurfer, a sailboard that was cheaper and more portable than most sailboats. It became a global phenomenon.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Alex Lasry, Chief Executive Officer of the NYNJ Host Committee for the FIFA World Cup 2026, says the region is ready for the tournament and contingency plans are in place for any transportation issues that arise. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Bloomberg's Joel Weber puts Scarlet Fu, Katie Greifeld, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." (Source: Bloomberg)
Financial Times
ChatGPT creator has privately submitted draft prospectus for IPO expected to value company at more than $1tn
Bloomberg Markets
OpenAI filed confidentially for an IPO, as the ChatGPT maker looks to join artificial intelligence rivals tapping public markets to fund ambitious growth plans.
Bloomberg Markets
Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), and will end the UK company’s near-century listing on the London Stock Exchange. Ingredion Chief Executive Officer James Zallie says the US company paid a "fair" premium and this deal creates an ingredients "powerhouse." He speaks on "Bloomberg The Close." (Source: Bloomberg)