Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Read more at The Wall Street Journal
-
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 6d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 6d -
Lawmakers question Musk’s ‘infiltration’ into Education Dept. and student loan borrower data
Senators expressed concern that Elon Musk's DOGE had "infiltrated" the U.S. Department of Education and possibly gained access to federal student loan data.CNBC - 6d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 6d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 6d -
Small Businesses Will Be Subjected to ‘the Fury of Debt Collectors’ for Covid Loans, According to Senate Dems
Proposed legislation could hurt struggling small businesses, Senator Ed Markey warns.Inc. - 6d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 6d -
Philippine vice president preparing for impeachment battle but silent on option to resign
Philippine Vice President Sara Duterte says her lawyers are preparing for a legal battle in her upcoming impeachment trial but refused to say if resignation is an optionABC News - 6d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - Feb. 6 -
Watch: 'Sesame Street' stars Oscar the Grouch, Bert and Grover give L.A. 'a big hug'
The 'Sesame Street' characters visited the Los Angeles Times to talk about emotions, getting through tough times and finding solace in friends, family and neighbors.Los Angeles Times - Feb. 6 -
Israel begins preparations for Gaza exodus as Egypt lobbies against Trump plan
Israel says it has begun preparations for the departure of large numbers of Palestinians from the Gaza Strip in line with President Donald Trump’s plan for the territoryABC News - Feb. 6 -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - Jan. 24 -
CaixaBank's CFO Sees Case for Dealmaking Among Europe's Banks
Growth through acquisitions isn’t part of CaixaBank’s latest three-year plan, it should be for other banks in Europe, Caixa’s finance chief Javier Pano said in an interview.The Wall Street Journal - Jan. 24 -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - Jan. 21
More from The Wall Street Journal
-
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - Jan. 24 -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - Jan. 24 -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - Jan. 24 -
Target Drops DEI Goals and Ends Program to Boost Black Suppliers
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.The Wall Street Journal - Jan. 24 -
Energy & Utilities Roundup: Market Talk
Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.The Wall Street Journal - Jan. 24
More in Business
-
Trump and Modi discuss oil and weapons deal to boost US-India trade
Talks with Indian leader follow US president’s plan to impose reciprocal tariffs on trading partnersFinancial Times - 5m -
Trump denies meddling in Eric Adams case as 6 top prosecutors quit over DOJ order to toss it
New York City Mayor Eric Adams was indicted last fall on bribery, fraud and other charges in Manhattan federal court.CNBC - 10m -
GameStop’s stock soars on report of possible bitcoin investment
Shares of GameStop were gaining more than 6% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.MarketWatch - 11m -
GameStop’s stock soars on report of possible bitcoin investment
Shares of GameStop were gaining more than 6% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.MarketWatch - 11m -
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks
Big cuts in the federal deficit will almost certainly lead to a large reduction in corporate profits.MarketWatch - 13m