Bloomberg Nachrichten

 

Michigan Democratic Representative Haley Stevens said Democrats are holding firm on their demand for a vote on extending subsidies for Affordable Care Act premiums as the shutdown continues. Stevens said that she would consider a vote to be progress, while some of her Democratic colleagues maintain they are holding out for a deal. (Source: Bloomberg)...

JPMorgan Chase & Co. bought Argentine pesos last month on behalf of the US Treasury as Secretary Scott Bessent tried to shore up the country's libertarian leader before a pivotal election, according to two letters sent Thursday by Senator Elizabeth Warren....

Another broad selloff that dented high-flying AI trades from Nvidia Corp. to Palantir Technologies Inc. left an old stalwart of the tech sector unscathed: Apple Inc....

UBS Group AG is liquidating two invoice finance funds with exposure to First Brands Group, in an early sign of how large financial institutions are dealing with the fallout from the bankrupt auto-parts supplier's collapse....

Mexico's central bank lowered borrowing costs by a quarter point, extending its monetary easing cycle days after weak third-quarter data fueled recession fears....

Eric Freedman, Chief Investment Officer, U.S. Bank, Kara Murphy, Chief Investment Officer, Kestra Investment Management and Stephen Trauber, Managing Director, Chairman & Global Head of Energy & Clean Technology, Moelis & Company speak with Bloomberg's Diksha Gera about sectors, strategies, innovations, and regulatory changes that are poised to drive returns at The Future Investor: Finding the Opportunities briefing in Houston. (Source: Bloomberg)...

A co-founder of cryptocurrency mixer Samourai Wallet was ordered to spend five years behind bars for running a business that laundered hundreds of millions of dollars from illegal dark web transactions and fraud schemes....

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)...

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI and cost cutting measures are allowing firms to eliminate more and more jobs -- with October layoffs hitting the highest level in 22 years. Caution over lofty tech valuations lingers as Qualcomm delivers a bullish forecast that fails to impress investors. Disney signs DraftKings as ESPN's new sports-betting partner, replacing a venture it had with Penn Entertainment. And the CEO of SharkNinja and the CFO of e.l.f Beauty join the Bloomberg Open Interest C-Suite with insights into how tariffs are impacting consumer wallets. (Source: Bloomberg)...

First Brands Group lawyers said the company needs access to its roughly $600 million of remaining bankruptcy financing to keep the auto-parts firm from shutting down immediately....

Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for their blockbuster weight-loss drugs in exchange for tariff relief and wider access for Medicare patients. The deals with Lilly and Novo, announced Thursday at a White House event with President Donald Trump, will make some of the most popular drugs in the world available to certain people on Medicare, the government health plan for older Americans, according to senior administration officials. (Source: Bloomberg)...

Meta Platforms Inc., ByteDance Ltd., Alphabet Inc. and Snap Inc. must face trial over claims that they designed their social media platforms to addict youths, a judge ruled, clearing the way for the first of thousands of cases to be presented to juries....

Vikram Taneja, Head, AT&T Ventures speaks with Bloomberg's Niraj Patel about strategic investing, opportunities, and innovation at The Future Investor: Finding the Opportunities briefing in Houston. (Source: Bloomberg)...

Federal Reserve Governor Michael Barr said policymakers must be attentive to ensuring the labor market is solid, but there is still work to do to get inflation down to the central bank's 2% target. Barr spoke during a virtual event Thursday on community development. (Source: Bloomberg)...

As US travelers brace for chaos at airports across the country due to government-mandated capacity curbs, technology executives flying into a conference in Portugal face an altogether more frivolous frustration: a lack of landing slots for private jets....

Goldman Sachs Group Inc. is promoting the smallest proportion of women to managing director since Chief Executive Officer David Solomon took the top job in 2018....

Cheryl Carron, Chief Operating Officer, JLL Work Dynamics Americas & President, Healthcare Division, JLL; Kevin Mitchell, Executive Vice President & Chief Financial Officer, Phillips 66; and Marie Myers, Executive Vice President & Chief Financial Officer, HPE speak with Bloomberg's LaKenya Finley about strategies for ensuring the long-term profitability of their companies at The Future Investor: Finding the Opportunities briefing in Houston. (Source: Bloomberg)...

The Federal Aviation Administration has announced it's trimming 10% of scheduled flight capacity across 40 domestic airports to ease the burden on the system caused by the US government shutdown, a move that has the potential to disrupt airlines and hundreds of thousands of travelers daily....

BillionToOne Inc. shares jumped 67% in their debut after the molecular diagnostics company raised $273.1 million in an upsized initial public offering....

Federal Reserve Bank of New York President John Williams cautioned about model estimates of the US neutral interest rate, saying, “the bond market is suggesting much higher r-stars, but I would discount that a bit because they've tended not to be reliable.” Williams spoke Thursday during an event organized by Goethe University in Frankfurt, Germany. (Source: Bloomberg)...