Business

Uber launches autonomous rides in Zagreb, its first in Europe

Shein Is Said to Target Up to $27B Valuation in HK IPO

Bloomberg's Norah Mulinda joins Dani Burger on "Bloomberg Deals." Fast-fashion retailer Shein is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar…

Guggenheim’s Beaten-Down Loan Whipsaws as Lenders Digest Call

A loan issued by the financing entity of Guggenheim Investments whipsawed on Wednesday after executives reiterated to lenders that earnings would likely improve in the third quarter while steering clear of details about the wide-ranging…

Goldman Strikes Deal to Buy LCN to Become Hands-Off Landlord

Bloomberg's Katherine Chiglinsky joins Dani Burger on "Bloomberg Deals." Goldman Sachs struck its second deal in a week as the firm pushes ahead with plans to grow its $4 trillion money-management arm. (Source: Bloomberg)

European gas storage facilities could be depleted by April 2027 — Handelsblatt

If the pace of purchases remains unchanged, storage facilities will be only 69% full by November 1, in which case they could be depleted by April, when Europe’s heating season ends, the newspaper said

Mark Walter Dangled Guggenheim Stake to Secure Loans

Bloomberg's Sridhar Natarajan joins Dani Burger on "Bloomberg Deals." Mark Walter offered to pledge his stake in his prized financial assets as part of a broader effort to raise billions of dollars in quick order. (Source: Bloomberg)

SpaceX Attempted to Acquire AI Coding Startup Cognition

SpaceX approached artificial intelligence coding startup Cognition AI Inc. about a potential acquisition, according to people familiar with the matter, in what would have been its second large takeover in recent months to gain ground in…

Where we stand on Broadcom after Marvell muscles in on its key customer Google

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Treasury Bond Buybacks Evoke Memory of Fed’s ‘Operation Twist’

The Trump administration’s surprise move to ramp up buybacks of long-dated Treasuries is drawing parallels with the Federal Reserve’s “Operation Twist,” a strategy that was last deployed in 2011 to pull down bond yields.

US long-term borrowing costs ease after government steps in

It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.

Around 2,000 metric tons of wheat shipped from Russia to Armenia via Azerbaijan

Last October, Azerbaijan lifted its ban on the transit of goods bound for Armenia through its territory

Gen Z used to embrace AI. Now most young adults fear it will steal their jobs.

As new college grads face elevated rates of unemployment, concern about AI’s impact on jobs is spiking among young Americans.