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An India-linked supertanker laden with liquefied petroleum gas is attempting to transit the Strait of Hormuz, a rare crossing that underscores the country's struggle to alleviate a historic energy crisis....

Elon Musk set out to tell a jury that his falling out with OpenAI was a simple tale of betrayal....

Barry speaks with Lawrence Calcano, chairman and CEO of iCapital about how he helped build the company into one of the globe's leading platforms for alternative investments for wealth managers, advisors, bankers and other financial professionals. (Source: Bloomberg)...

This week, The Fed made its call this week, but Kevin Warsh may be about to change the institution itself. And, AI made coding easy for everyone, and that's the best and worst thing to happen to software engineering. Plus, can the same technology that unlocked oil and gas now unlock clean energy? Later, the city that was built by the mob is now betting its future on dayclubs, nightlife, and premium experiences. (Source: Bloomberg)...

Columbia University's credit outlook was revised to negative by Moody's Ratings, which cited rising risks tied to the “federal environment for higher education.”...

EBay Inc. jumped more than 13% in after-hours trading on Friday after the Wall Street Journal reported that video-game retailer GameStop Corp. is preparing a bid for the company....

Specialty chemicals producer Archroma sweetened the terms on a junk loan deal to extend around $1 billion of debt, inching closer to completing a transaction that has faced multiple delays over the past month....

Lancôme Global Brand President Vania Lacascade discusses why longevity will be the next shift for the beauty industry, and how brands are tapping into the wellness boom. She talks with Romaine Bostick on "The Close." (Source: Bloomberg)...

Lenders are forcing Hollywood landlord Hackman Capital Partners, the largest independent studio and soundstage owner, to relinquish entertainment properties around Los Angeles as values plunge and demand stays soft....

Investors in Bill Ackman's new $5 billion closed-end fund ended the week with a small gain overall, once the value of the free shares they received in his asset management company is included....

Actor & Comedian Kevin Hart and Co-Founder of Gran Coramino James Morrisey discuss the growth of their tequila brand and the highly competitive celebrity-owned tequila space. They talk with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)...

Japanese Prime Minister Sanae Takaichi on Saturday will use a speech in Vietnam to lay out her vision for the Indo-Pacific, as she seeks to bolster economic and security ties across the region in a move that could counter an increasingly assertive China....

Former BET Chair & CEO Debra Lee discusses the changing media landscape, why good content will always find its audience, and her new luxury handbag line. She talks with Romaine Bostick for "The Close." (Source: Bloomberg)...

Cerebras Systems Inc. is seeking to raise as much as $4 billion in its initial public offering, according to people familiar with the matter, as demand for the artificial intelligence chipmaker and data center operator's shares heats up....

Boat retailer West Marine Inc. is laying the groundwork for a potential Chapter 11 bankruptcy to restructure its debt, including leases, according to people with knowledge of the matter....

Harbinger Sports Partners Founder Rashuan Williams discusses the 'explosion' and diversification of revenue by many sports franchises, and the switch to 'sports 2.0,' a new business model aimed at maximizing real estate surrounding sporting venues. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)...

Walt Disney Co. senior executives are discussing how to unify the company's disparate mobile apps and turn its streaming service into the first stop for all things Disney, a place where users can book park tickets, buy merchandise, play games and watch movies, according to people familiar with the matter....

Apple Inc. raised the starting price of its Mac mini desktop to $799 from $599, adjusting to inventory shortages driven by AI demand and the tight supply of processors....

Dan Sheridan, CEO of Brooks Running, said that his company is resonating with runners in China as the activewear brand grew over a 130% in the region. Sheridan said that while China remains a small percentage of Brooks' business, the 'everyone's a runner' positioning and multi-use clothing consumers can wear off the run is driving growth. Sheridan joined Bloomberg Businessweek from the floor of the Berkshire Hathaway shareholder conference in Omaha. (Source: Bloomberg)...

Wall Street is back in triumphant mode, with stocks at records, risk appetites refreshed — and alternative strategies that run on their own engine winning, too....