Bloomberg

'As Dead As Fried Chicken': Why Trump Finally Fired Kristi Noem

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Kristi Noem's 13-month tenure leading the Department of Homeland Security was marked by controversy. But it wasn't the two American citizens' deaths at the ...



Reinsurers Triple Ship Insurance Costs After US Torpedo Attack

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... reinstate policies, according to people familiar with the matter, after a US submarine sank an Iranian warship off Sri Lanka, amplifying risk perceptions.



'As Dead as Fried Chicken': Why Trump Finally Fired Noem

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... a person briefed on the matter, who asked not to be identified discussing private conversations. She identified a drone contract priced at more than twice ...



Epstein Investigated In DEA Probe for Ketamine, Money Laundering

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... asked not to be named to discuss sensitive law enforcement matters. The individuals named in a document related to the investigation, according to the ...



Blue Owl Has £36 Million Exposure to Collapsed UK Lender to Rich

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... asked not to be named discussing private information. Century entered administration with about £95 million of total debt, the people said, days before a ...



KKR Seeks $500 Million Loan for School Operator XCL Stake Buy

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... asked not to be named discussing private matters. BNP Paribas SA, DBS Bank Holdings Ltd., HSBC Holdings Plc, ING Bank and Standard Chartered Plc are leading ...



Blue Owl Leads $750 Million Debt Deal for Vista Nexthink Buyout

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The financing, which wrapped this week, includes a $650 million term loan and a $100 million revolving credit facility, according to a person familiar with ...



Boeing Close to 500-Jet Order With Trump-Xi Summit - Bloomberg

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The two sides are also in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets, said the people, who asked not to be identified ...



Wall Street Regulators Discuss Moving Into Same Building Complex

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... asked not to be identified discussing confidential efforts. The discussions involve moving the CFTC into the same complex where the SEC is currently located ...



JPMorgan Shifts More of EA Buyout Financing Toward Junk Bonds

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... asked not to be identified because they're not authorized to speak publicly. Initially the debt mix was skewed more toward loans. Pre-marketing is due to ...



Oracle and OpenAI End Plans to Expand Flagship Data Center

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Nvidia Corp., the leading AI chipmaker, helped facilitate Meta's discussions with the developer, said the people, who asked not to be identified because the ...



Boeing Close to 500-Jet Order With Trump-Xi Summit

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The two sides also are in talks for a widebody sale that includes about 100 Boeing 787 Dreamliner and 777X jets, said the people, who asked not to be identified ...



USA Rare Earth Poised to Buy Rest of Stake in Round Top Deposit

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... requested anonymity to discuss a plan that isn't yet public. The purchase will make USA Rare Earth the sole operator of the Round Top project, which the ...



Top Argentina Official Resigned After Return to Markets Shelved

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... a person familiar with the matter. With a long career on Wall Street — for nearly a decade he worked at JPMorgan Chase & Co, eventually heading its fixed ...



Blackstone, Ares Provide $5 Billion for Thoma Bravo's WWEX Buyout

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... asked not to be named discussing private information. Thoma Bravo plans to merge WWEX, which includes the Worldwide Express brand, with Auctane, the e ...



China Tells Top Refiners to Suspend Diesel and Gasoline Exports

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They asked not to be named as the discussions are not public. The refiners were asked to stop signing new contracts and to negotiate the cancellation of ...



Japan Oil Refiners Ask Government to Tap Strategic Reserves

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... asked not to be named due to the sensitivity of the matter. The refiners are asking the government to expedite the process, as a potentially lengthy bidding ...



Oracle Layoffs to Impact Thousands in AI Cash Crunch - Bloomberg

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... asked not to be named discussing the still-private plans. Some of the cuts will be aimed at job categories that the company expects it will need less of due ...



Iranian Missiles Shake Gulf Finance's Image of Stability

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... declined to be identified discussing confidential information. Some said the length of the conflict would ultimately decide how the region is affected. “We ...



Brain Tech Startup Science Corp. Raises $230 Million to Treat ...

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The fundraising brings Science's valuation to $1.25 billion, including the new money, according to a person familiar with the situation, who was not authorized ...



Iran: US and Israel's Unclear War Aims Leave World Guessing

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... a person familiar with the situation. Hegseth and Trump have said weapons supplies are adequate. White House Press Secretary Karoline Leavitt on Wednesday ...



KfW Is Said to Tap JPMorgan for Potential KNDS Stake Deal

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State-owned lender KfW is working with JPMorgan Chase & Co. on the potential purchase of a stake in KNDS NV, people familiar with the matter said, ...



Indian Refiner MRPL Halts Fuel Export as Iran War Hits Feedstock

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They asked not to be identified as the discussions are private. Israeli and US strikes on Iran that began this past weekend have triggered a widening ...



India Urea Producers Trim Output as Iran War Disrupts LNG Flows

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... asked not to be identified. Any prolonged disruption may compel companies to shut facilities, the people added, without providing details. LNG is the ...



Chinese Bank Halts Abu Dhabi Loan as Creditors Cut Mideast Risk

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... a person familiar with the matter said. A mid-sized lender is seeking buyers to offload portions of syndicated facilities for Middle Eastern borrowers ...



Barclays Owed About £500 Million by Collapsed UK Lender MFS

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... associated with Market Financial Solutions Ltd., one of the biggest exposures to the collapsed UK mortgage lender, a person familiar with the matter said.



Altman Tells Staff OpenAI Has No Say Over Pentagon Decisions

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... asked not to be named since the details are private. “You do not get to make operational decisions,” Altman said, according to the person. OpenAI declined ...



DOJ Probes US Fertilizer Market for Possible Price Fixing - Bloomberg

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... people familiar with the matter people familiar with the matter. The companies whose conduct is under scrutiny include phosphate and potash suppliers ...



Santander Exposure to Failed Lender MFS More Than £200 Million

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... £300 million by a company tied to Market Financial Solutions Ltd., the failed UK lender that has rattled Wall Street, a person familiar with the matter said.



Goldman Further Sweetens Terms on Loan for DuPont Unit's Sale

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27, according to a person familiar with the matter. Lender commitments had been due that day , but the deadline has been further extended to 3 p.m. in New ...



Blackstone Taps Private Credit to Fund Champions Group Buyout

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The deal priced at 4.5 percentage points over the benchmark rate, according to people familiar with the transaction, who asked not to be named because the ...



JPMorgan, Wells Commit $1 Billion Loan for Select Medical Buyout

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... asked not to be identified because the information isn't public. The loan will be in the form of a revolving credit facility, the people added ...



Russia Sees War in Iran Squeezing Vital Air Defenses for Ukraine

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All asked not to be identified discussing sensitive issues. Putin, who's under indictment by the International Criminal Court for alleged war crimes in ...



Blackstone Is Among Suitors for Aerospace Supplier Senior

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The private equity firm is one of several parties that have been studying London-listed Senior, according to the people, who asked not to be identified because ...



Nvidia Challenger Rebellions Hires JPMorgan for South Korea IPO

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... asked not to be identified discussing private information. Representatives for Rebellions and JPMorgan declined to comment. Rebellions specializes in ...



Iraq Starts Shutting Oil Output at Rumaila as Storage Fills Up

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Iraq started shutting oil production at the giant Rumaila field operated by BP Plc, according to a person familiar with the operation.



India Gas Importers Start Cutting Supply to Industrial Customers

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That's forcing the latter firm to tell some of its industrial customers that their orders will be reduced, said the people, who asked not to be named as the ...



Singapore Taps JPMorgan, UBS to Push Regional Gold Hub Ambition

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They asked not to be named as the plan is not yet public. UBS and JPMorgan are two of the world's largest market makers for bullion. ICBC Standard Bank Plc ...



Asian Traders Seek Sulfur Options as Hormuz Halt Cuts Supply

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Vessels carrying the material remain stuck in the Persian Gulf, according to three traders in China and Singapore, who asked not to be named discussing private ...



Iraq Halts Crude Oil Shipments Via Key Pipeline to Turkish Port

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Iraq has halted oil exports from its semi-autonomous Kurdistan region to the port of Ceyhan in Turkey, according to people with direct knowledge of the ...



Iraq Starts Huge Oil Cuts as Hormuz Blockage Fills Storage

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Baghdad has also halted oil exports from its northern semi-autonomous Kurdistan region to the port of Ceyhan in Turkey, people with direct knowledge of the ...



Elon Musk's SpaceX Is Said to Add Citigroup to IPO Bank Lineup

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SpaceX has added Citigroup Inc. to the banks leading its initial public offering, according to people familiar with the matter, as billionaire Elon Musk's ...



Lula Government Reluctant to Aid BRB After Banco Master Losses

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They all requested anonymity to discuss the government's thinking. Representatives for the finance ministry and Caixa didn't immediately reply to requests ...



China Spent Big on an African Media Empire, But No One's Watching

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... asked not to be identified discussing internal matters. In accordance with President Xi Jinping's tightening grip on the media, editors were told to cover ...



AI Coding Startup Cursor Hits $2 Billion Annual Sales Rate

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Cursor's annualized revenue topped $2 billion in February, according to a person familiar with the matter, a figure that underscores the wide popularity of ...



Cursor Recurring Revenue Doubles in Three Months to $2 Billion

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Cursor's annual recurring revenue topped $2 billion in February, according to a person familiar with the matter, a figure that underscores the fast growth ...



JPMorgan to Start Debt Deal for $55 Billion EA Buyout Next Week

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... person familiar with the matter person familiar with the matter. The largest US bank is hosting a leveraged finance conference in ...



Musk's xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO

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... with knowledge of the matter with knowledge of the matter. Morgan Stanley has been telling existing lenders that the firms will repay the outstanding ...



RBA Alert to Inflation Implications as Iran Conflict Spreads

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... with knowledge of the matter. The firm, which has a second headquarters in Australia, withdrew an initial offer of a premium of $250 per ton, the people ...



Oil Shipping Costs Soar as Iran Conflict Chokes Hormuz - Bloomberg

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... with knowledge of the matter with knowledge of the matter, who asked not to be identified because the ...

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