United Airlines CEO Scott Kirby reportedly floated a potential merger with Trump administration officials earlier this year.
Curated and linked market/company news with enrichment tags.
Newest first. Open any item to read the original source.
United Airlines CEO Scott Kirby reportedly floated a potential merger with Trump administration officials earlier this year.
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.
The majority of the stock market’s gains come from a minority of stocks.
J&J’s CFO Joseph Wolk joined Bloomberg Open Interest to talk about why its newly launched psoriasis pill could become one of its biggest drugs ever, already reaching 1,500 patients in just days. He explains how the company is avoiding risky mega-deals thanks to a strong pipeline, while confidently raising guidance and betting on long-term double-digit growth. (Source: Bloomberg)
Investors poured money into BlackRock’s exchange-traded fund tracking Brazilian stocks at the fastest pace in almost nine years on Monday, as a resurgence in global risk appetite fuels a surge in the country’s equity market.
The board of UK watchdog Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, increasing the risk the utility could collapse into special administration.
The board of UK watchdog Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, increasing the risk the utility could collapse into special administration.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Traffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.
An economic “sugar high” created by a combination of factors could push the S&P 500 as high as 7,300 by July, according to a team of equity strategists at Wells Fargo.
TD Securities and BMO Capital Markets are acting as liquidity providers for a new Canadian bank credit futures contract, according to the Montreal Exchange.
Telix Pharmaceuticals Ltd. raised $600 million from a convertible bond deal that fetched more than expected, in a sign of strong demand for Australia’s largest such offering this year. The company’s shares fell.
Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.
Rolls-Royce’s CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. This hyper-luxury motorcar is designed for an exclusive group of 100 clients who have been deeply involved in the creation process, ensuring a highly personalized and rare automobile. (Source: Bloomberg)
A prolonged blockage of the Strait of Hormuz for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
Lucid Group has named former chairman and CEO of Schindler Group, an industrial machinery manufacturer of escalators and elevators, as its new chief executive.
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.
The IMF said that the U.K. will be hardest hit out of all developed economies as a result of the Iran war.
A shocking airline mega-merger proposal could reshape global aviation. Bloomberg's Benedikt Kammel joined Bloomberg Open Interest to break down United’s bold pitch to merge with American Airlines, why crisis conditions are driving consolidation, and why US travelers pay far more than Europeans for flights. (Source: Bloomberg)
Traffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.
With 65% equity cushions and 10-year lockups, Wall Street’s ‘anti-banks’ won’t face a ‘Lehman moment.’
JP Morgan’s earnings look strong, but the real story is beneath the surface says Baird Senior Research Analyst David George. He joined Bloomberg Open Interest to break down why net interest income fears are overblown, why trading gains won’t last, and the one macro risk investors should actually watch: rising oil prices and the ripple effect on consumers and corporate margins. (Source: Bloomberg)