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Citizens Financial Group Inc. is seeking to expand its private banking business to more Northeast locations such as Philadelphia just two years after it got its start in the business....

SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk's rocket and satellite maker at a valuation higher than OpenAI's record-setting $500 billion, people familiar with the matter said....

Head of U.S. Large-Cap Bank Research at Wells Fargo Mike Mayo is saying that he expects big US banks to out-perform again in 2026. He sees institutional investors are showing renewed interest in bank stocks and discussed it on Bloomberg Markets" with Scarlet Fu. (Source: Bloomberg)...

KKR & Co. is in talks to acquire a majority stake in Arctos Partners as it looks to push further into sports investing, according to people with knowledge of the matter....

Brazilian delivery service iFood is seeking to acquire an employee-benefits business and has eyed several firms including Ticket, the local unit of France's Edenred SE, according to a person familiar with the matter....

Constellation Energy Corp. reached a resolution with the US Justice Department to close its landmark $16.4 billion purchase of power-plant owner Calpine Corp....

US bank regulators are easing Obama-era rules that curbed leveraged lending amid rapid growth in the private credit industry and complaints by bankers that they're being sidelined by too much regulation....

SpaceX is in talks to sell insider shares in a deal that would value Elon Musk's rocket and satellite maker at $800 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter....

Traders bet more than $59 million on whether Polymarket would launch its US platform before the end of the year. But a question meant to produce a simple yes-or-no answer has exposed a deeper problem: prediction markets built to resolve uncertainty may struggle with it themselves....

Private equity firm Z Capital Group is weighing a plan to combine its beleaguered casino operator Affinity Interactive with other portfolio companies, including cookie chain Mrs. Fields, in an effort to assuage some of Affinity's lenders, according to people with knowledge of the matter....

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Charles Schwab Head of Fixed Income Research and Strategy Collin Martin, Wolfe Research Chief Economist Stephanie Roth, PIMCO Portfolio Manager of Multi-Sector Credit Sonali Pier and Barclays Global Head of Research Brad Rogoff. (Source: Bloomberg)...

The Canadian dollar rose the most since May and yields on the nation's debt jumped as surprisingly strong employment data triggered bets that the Bank of Canada will raise interest rates next year....

Tonda Ros says he's still working on one more big update for the critically acclaimed game...

Banco Santander SA agreed to pay €22.5 million ($26.2 million) to settle a case opened in 2013 into operations at its Paris branches that included allegations of money laundering, French prosecutors said....

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." It's a Hollywood Earthquake as Netflix snaps up Warner Brothers for $72-billion dollars in a cash, stock deal. The Fed's poised to cut again next week as worries mount over a weakening job market. Blackrock's Rick Reider joins us with his take. In a Bloomberg Exclusive, we'll ask House Minority Leader Hakeem Jeffries what's at stake as democrats force a vote on extending health-care subsidies. And the quiet giant behind AI. Flex CEO Revathi Advaithi joined Bloomberg Open Interest to break down how she transformed the company powering every major hyperscaler. (Source: Bloomberg)...

A record wheat crop in Argentina is spurring a logistics frenzy to get harvests to grain terminals and helping to keep global prices at around multi-year lows....

US Senator Elizabeth Warren is urging regulators to scrutinize the burgeoning private credit market, warning that implosions of Tricolor Holdings and First Brands Group are “likely the tip of the iceberg” in terms of bad debt held by Wall Street's biggest banks....

The GameStop Corp. short squeeze that cost Dan Sundheim's firm $4 billion in a single month in 2021 left him in a state of shock, so he was prepared when market turmoil in March again spurred hedge funds to unwind bets....

European Union Ambassador to the US Jovita Neliupšienė talks about why bloc fined Elon Musk's X social network €120 million ($140 million) for violating a content-moderation law. She says the European Commission doesn't target any one country or company with its rules. She discusses the EU's approach to tech, defense, and the use of frozen Russian funds to support Ukraine's war effort. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...

Top lithium producer Albemarle Corp. rose the most among peers after UBS analysts said now is the time to buy the stock with rising prices of the battery metal set to drive up earnings....