Bloomberg Nachrichten

 

Westpac Banking Corp.'s first-half profit missed expectations as Chief Executive Officer Anthony Miller flagged worries about the impact of the Middle East war on customers....

State Street Chairman and CEO Ron O'Hanley discusses the company's strategic approach to the exploding ETF market, 'episodic' M&A, and the impacts of geopolitical risks in the markets. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

Tenneco Inc. has picked banks to lead its initial public offering, according to people familiar with the matter, as the automotive supplier advances a public listing four years after it was acquired by Apollo Global Management Inc....

Prime Minister Keir Starmer is due to host meetings to tackle antisemitism on Tuesday after two men were stabbed in north London last week in the latest attack targeting British Jews....

Famed investor Michael Burry sold his entire position in GameStop Corp. after the gaming retailer made an offer to buy e-commerce company eBay Inc. for about $56 billion in cash and stock....

Companies are still seeking to strike deals as pent-up demand from previous years, a widespread focus on gaining scale, and a conducive regulatory environment fuel mergers and acquisitions, according to Morgan Stanley Co-President Dan Simkowitz....

Guggenheim Partners Investment Management CIO Anne Walsh discusses the outlook for the equity, oil and fixed income markets. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Walsh sees an extended Iran conflict as the big risk to markets and predicts one more Federal Reserve rate cut this year. (Source: Bloomberg)...

A deep anxiety about retirement has people switching to do-it-yourself investment vehicles, where they're loading up on crypto and other risky assets....

Pimco President Christian Stracke discusses the firm's expansion of its international business. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Stracke says international clients are seeking to diversify away from US markets amid geopolitical shifts. (Source: Bloomberg)...

In the contest over the future of money, the US dollar has a huge head start...

Pacific Investment Management Co.'s international clients are seeking to diversify away from US markets amid geopolitical shifts and as a prolonged equity rally increases their exposure to the world's largest market, according to Christian Stracke, the company's president....

Former CFTC Commissioner and current Kalshi board member Brian Quintenz discusses the evolving landscape of prediction markets and how federally regulated prediction markets and state-regulated sports books can coexist. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

Legislation that would ban large corporate landlords from acquiring more single-family rental homes is depriving the US housing market of much-needed investment, Pretium founder Don Mullen said in an interview with Bloomberg Television....

Sonos Inc. shares climbed after reporting revenue that jumped 8% and said that it is filing for tariff refunds totaling $40 million that could help counterbalance rising memory costs....

A federal judge overseeing thousands of cancer lawsuits against Bayer AG and its Roundup weedkiller said he had “grave concerns” about whether a proposed $7.25 billion class-action settlement in Missouri could properly address future claims outside the state....

President Claudia Sheinbaum's government unveiled plans meant to increase private investment into Mexico as she seeks to kickstart an economy that contracted to start the year....

Morgan Stanley Co-President Dan Simkowitz discusses current market conditions, AI financing, and a solid dealmaking backdrop fueling a 'resurgence' in M&A. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)...

State Farm could face millions of dollars in penalties in California after the state's insurance regulator alleged the firm mishandled claims related to the 2025 Los Angeles wildfires....

Janus Henderson Group Plc — already one of the world's largest providers of exchange-traded funds — is looking to grow that business outside the U.S., Chief Executive Officer Ali Dibadj said in an interview with Bloomberg Television....

Bloomberg's Caroline Hyde discusses GameStop's $56 billion offer to buy eBay, a company four-times its size. Plus, AI chipmaker Cerebras is looking to raise as much as $3.5 billion in its upcoming IPO. And, OpenAI raises more than $4 billion for a new joint venture that aims to help businesses adopt its AI software. (Source: Bloomberg)...