News Feed

WeWork’s CEO John Santora joined Bloomberg Open Interest to break down the company’s comeback after bankruptcy, revealing how profitability, a hybrid real estate strategy, and the rise of flexible work are reshaping the office market. He explains why companies are permanently shifting toward flex space. (Source: Bloomberg)

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

It’s not unprecedented for struggling companies to latch onto the hot trend of the moment. Remember the blockchain hype cycle?

Though most Fed chairs in the past have left after being replaced, Powell has demurred on what he plans to do.

The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway.

Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

Uzbekistan’s national investment fund is in talks to add cornerstone investors to its planned London initial public offering, according to people familiar with the matter.

The U.S. has beaten Iran "militarily" and that the war is "very close to over," Trump said, claiming a peace deal likely.

Pershing Square has proposed a merger to address the stock’s “underperformance.”

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates later this year.

Taking a page from Google’s and Amazon’s books, Meta is racing to vertically integrate its AI infrastructure with its Broadcom deal.

Northwestern Mutual Wealth Management CIO Brent Schutte says investors have "bid back up the markets" and have gone back to their old favorites. He says it's also a good idea to "own some commodities." He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

Prediction markets have boomed, inviting increased scrutiny from regulators and Congress.

Snap was up in premarket trading on Wednesday after announcing plans to lay off up to 16% of its global workforce citing AI-driven efficiencies

When Paul Atkins took the helm of Wall Street’s top regulator, he came with a long to-do list: craft rules for the cryptocurrency industry, make initial public offerings “great again” and ease financial reporting for public companies.

Bloomberg's Bruce Douglas discusses the recent developments in the private credit market, highlighting significant institutional activity. Pimco's purchase of $400 million in investment-grade private credit assets at a yield of approximately 6.5% signals renewed confidence. This contrasts with a larger $750 million bond deal by Goldman Sachs offering a lower spread of around 2.5% over Treasuries, reflecting different risk and liquidity profiles. (Source: Bloomberg)

The cost of imported goods rose sharply in March for the third month in a row, heralding further increases in U.S. inflation in the next few months, mostly due to higher oil prices.

Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed far below peacetime levels as an effective double blockade stifles vessel movements.

Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed far below peacetime levels as an effective double blockade stifles vessel movements.

United Airlines CEO Scott Kirby has said the next phase for U.S. carriers is figuring out how to better compete on a global stage.