Democrats facing the most competitive Senate elections heading into November have kept relatively quiet about the guilty verdict handed to former President Trump on Thursday as they fight off the potential for Republicans to flip their seats. Sens. Jon Tester, D-Mont., Sherrod Brown, D-Ohio, Jacky Rosen, D-Nev., Tammy Baldwin, D-Wis., and Bob Casey, D-Penn., didn’t…
Buoyed by a record announcement from Apple Inc., Corporate America disclosed plans to repurchase $201 billion of its own stock in May, the most ever for the month, according to data compiled by Birinyi Associates. from Bloomberg Markets https://ift.tt/x6qFgNh
Co-hosts of “The View” enthusiastically discussed Friday how much time former President Trump should spend in prison after his unprecedented conviction. The daytime talk show hosts estimated Trump would spend six months to a year in jail after his Thursday conviction in New York on 34 counts of falsifying business records. “When you spend a…
May has been the busiest month ever in the US leveraged loan market, with corporate borrowers taking advantage of investors’ relentless demand for the higher-rate debt. from Bloomberg Markets https://ift.tt/uWQid1q
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Every Friday White House correspondent Akayla Gardner delivers a roundup of the key news and events in politics, policy and economics that you need to know. Sign up here and follow us at @bpolitics. Email our editors here. from Bloomberg…
MoneyGram International Inc. has sweetened terms of its $398 million leveraged loan repricing, as the money-transfer firm looks to complete the deal amid a record rush of activity. from Bloomberg Markets https://ift.tt/dlTG5fj
Starbucks said that Microsoft Chief Executive Satya Nadella had resigned from its board of directors after seven years in the role. https://www.wsj.com/articles/microsoft-ceo-satya-nadella-resigns-from-starbucks-board-406b1947
ConsenSys-backed Layer 2 network – Linea – has extended support to StarkWare’s statement denouncing Matter Labs’ attempts to trademark the term “zero-knowledge” (ZK) in nine countries. Matter Labs, the entity behind zkSync, aims to assert exclusive control over this foundational cryptographic concept, sparking outrage across the industry. Notably, Matter Labs has also pursued the registration…
S&P Global Ratings downgraded France, tarnishing President Emmanuel Macron’s record for debt management as his government struggles to get a grip on public finances in the wake of the Covid pandemic and energy crisis. from Bloomberg Markets https://ift.tt/xMtThBG
Could Travis Kelce be in “Happy Gilmore 2”? As of now, his involvement in the newly announced sequel is a fan conspiracy. On Wednesday’s episode of the “New Heights with Jason and Travis Kelce” podcast, the brothers discussed a fan theory circling on Reddit that predicts Travis will be part of “Happy Gilmore 2.” “Obviously,…