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JPMorgan Shifts More of EA Buyout Financing Toward Junk Bonds
JPMorgan Chase & Co. is shifting more of the debt financing for the record leveraged buyout of Electronic Arts Inc. toward junk bonds, according to people with knowledge of the matter.
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Conservative peer quits after Lords probe into PPE deals
It comes after a Lords standards probe into his contacts with ministers and advisers during the pandemic.
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Plan emerges for $166 billion in tariff refunds. But don’t hold your breath
A system to process at least $166 billion in tariff refunds could be up and running in 45 days. That’s the alternative to a manual process that could take 4 million hours, according to a senior US Customs and Border Protection executive.
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Fired Michigan football coach Sherrone Moore reaches plea deal to resolve home invasion case
Former Michigan football coach Sherrone Moore pleaded no contest Friday to two misdemeanors in a criminal case that arose immediately after he was fired for having an inappropriate relationship with his executive assistant.
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Millennium Hires Four Citadel Stock Traders in Post-Bonus Churn
Millennium Management hired four stock pickers from rival Citadel as the multistrategy hedge fund giants battle over talent to help manage their soaring assets.
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US and Israel attacking Iran at ‘record pace’, war monitor says
Airwars says first days of US-Israeli Iran strikes ‘hit significantly more targets than any campaign in recent decades’.
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Bitcoin’s Correlation With Stocks Surges as Volatility Returns
Bitcoin is once again moving closely in step with US stocks, at just about the worst time for crypto diehards.
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Human rights court orders reparations for forced sterilisation case in Peru
Inter-American Court of Human Rights says Peru must pay family of woman who died as a result of forced sterilisation.
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AI Chipmaker Cerebras Taps Morgan Stanley for IPO Return
Cerebras Systems Inc. has picked Morgan Stanley to lead its initial public offering, according to people familiar with the matter, as the artificial intelligence chipmaker mounts a renewed attempt to go public.
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Wall Street Regulators Discuss Moving Into Same Building Complex
Wall Street’s two top regulators are discussing plans to move into the same building complex in Washington just steps from the US Capitol, according to people familiar with the matter.
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Trump Signs Order to Bolster Efforts to Combat Cybercrime
President Donald Trump signed an executive order Friday aimed at fighting cybercrime, including fraud and extortion, directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesses and infra…
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Oracle and OpenAI End Plans to Expand Flagship Data Center
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs.
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'Truly extraordinary coincidence' as three cousins born on same day
Their parents are now looking forward to joint birthday parties together.
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Bond Traders Pile Into Inflation Hedges as War Drives Up Oil
Investors are piling into US bond-market products that protect against inflation — pushing some valuations to the highest levels in nearly a year — as the Mideast war sparks a surge in energy prices.
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DOJ Seeks to Forfeit $15 Million From Iran Oil Tycoon Network
The US Justice Department filed two civil forfeiture complaints Friday related to a network of companies operated by an Iranian oil tycoon who was sanctioned last year and allegedly breached prohibitions while using a global network of banks.
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Energy Secretary Wright Calls to Reopen Indian Point Nuclear Plant
US Energy Secretary Chris Wright is calling to restart a shuttered nuclear plant north of New York City, saying it is needed to meet surging demand for power.
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Austraila: Fatbikes are wreaking havoc in Sydney's wealthy beach suburbs
Teens are infuriating locals by riding over golf courses and doing wheelies on the Harbour Bridge.
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Iran’s future will be determined by Iranians, not Trump, officials say
Ghalibaf says Iran’s fate will not be decided by ‘Epstein’s gang’ as Trump pushes for role in choosing supreme leader.
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Flight paths squeezed as Iran conflict closes more airspace
A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.
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Is Trump saying Kristi Noem committed perjury?
Either President Donald Trump isn’t telling the truth, or Kristi Noem seems to have committed perjury.
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US customs agency says it is not yet able to reimburse tariff costs
Agency says process being worked out to mediate disbursement of $166bn in tariff costs to more than 330,000 importers.
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Withheld Jeffrey Epstein files with accusations against Trump released by justice department
The Department of Justice said the released files had been "incorrectly coded as duplicative" and inadvertently not published.
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Oil price jumps after Qatar minister warns all Gulf production could stop
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
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Watch live: Funeral services held for Reverend Jesse Jackson at House of Hope in Chicago | CNN
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In a bid to counter China, Trump hosts a summit for Latin America leaders
Experts say Trump must offer ‘tangible economic benefits’ to Latin America to curb China’s growth in the region.
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Ships and planes are vulnerable to GPS jamming. The Iran war reveals just how bad the problem is
The war with Iran is laying bare the dangers posed to commercial ships and planes by the rise of GPS interference in and around conflict zones.
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Driver jailed for killing Aalia Mahomed in van crash on Strand
Christopher Jackson is jailed for killing Aalia Mahomed, 20, by crashing into her with his van.
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Whole-life term for Bradford man who killed family in fire
Bryonie Gawith and her children died when Sharaz Ali set fire to their home in revenge for her sister ending their relationship.
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Remembering the Rev. Jesse Jackson
Former presidents Bill Clinton, Barack Obama and Joe Biden, as well as former Vice President Kamala Harris, are speaking at the Rev. Jesse Jackson’s celebration of life in Chicago today. Follow the latest updates here.
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‘No deal with Iran except unconditional surrender,’ Trump says
US president stakes out maximalist war aims as conflict wreaks havoc across the region amid rising death toll.
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Qatar warns Iran war could halt Gulf energy exports ‘within weeks’
Global economies will be affected if the war on Iran continues for weeks, according to Qatar’s energy minister.
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Elementary school in Tehran hit, Iran’s foreign ministry says
Footage shared by Iran’s Foreign Ministry spokesman purportedly shows destruction in Shahid Hamedani School in Tehran.
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Rare supercar fleet of US-prosecuted crime kingpin seized and auctioned in Taiwan | CNN
CNN’s Will Ripley goes to a rare auction at Taiwan’s police academy, where a fleet of rare supercars belonging to alleged international crime kingpin Chen Zhi are being sold.
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Lenders lift mortgage rates as Iran war hits borrowing costs
Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.
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House Republicans ask Justice Department to consider charges against former White House aide Cassidy Hutchinson
Hed ideas: House Republicans ask the Justice Department to consider criminal charges against former White House aide Cassidy Hutchinson
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Four arrested on suspicion of assisting Iran's intelligence service
The men were arrested on Friday on suspicion of assisting a foreign intelligence service.
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How Kristi Noem finally lost Trump — and her job
After a year of controversies, Kristi Noem’s fate was sealed over just a few days. It started with a heads-up from the Hill.
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Iran war: What is happening on day seven of US-Israel attacks?
After six days of US-Israeli attacks on Iran, the conflict is escalating as regional tensions rise.
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Iran live: Trump says Iran being ‘demolished’; Tehran keeps up Gulf attacks
Iran Foreign Minister Abbas Araghchi says ‘no reason why we should negotiate with the US’ as Washington is untrustworthy
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