2025-05-09
Bain Capital Is Talks to Buy PCI Pharma at a $10 Billion ValuationBain Capital is in talks to buy PCI Pharma Services, people with knowledge of the matter said, in a deal that would rank among the year’s largest private equity takeovers.
2025-05-09
Apple Eyes AI Server Chips, Lyft CEO Talks Growth Plans | Bloomberg TechnologyBloomberg’s Caroline Hyde and Ed Ludlow discuss the possible impact of trade talks between the US and China. Plus, Lyft CEO David Risher talks about the markets where the company is investing. And, DraftKings CEO, Jason Robins, explains the impact of a surprising March Madness. (Source: Bloomberg)
2025-05-09
Ex-Palantir Adviser to Keep SpaceX, OpenAI Stakes in Trump RoleFormer Palantir Technologies Inc. adviser Jacob Helberg plans to retain investments in dozens of artificial intelligence, defense and fintech companies as he starts his tenure as an under secretary of state in Donald Trump’s administration.
2025-05-09
Sonos Interim CEO Says Company Has Turned a Corner and He Wants the Top JobSonos Inc. interim Chief Executive Officer Tom Conrad said the audio company has “turned the corner” following setbacks caused by software issues — and that he wants to be named to the top job permanently.
2025-05-09
ECB Needs Steady Hand and Mustn’t Overdo Rate Cuts, Schnabel SaysThe European Central Bank needs a “steady hand” and mustn’t lower borrowing costs too much as inflation could turn out to be higher in the future, Executive Board member Isabel Schnabel said.
2025-05-09
The Fed Decision, IRS Cutbacks, Ireland’s Corporate Tax | Wall Street WeekThis week, former Treasury Secretary Lawrence H. Summers and Economist Kenneth Rogoff weigh the effects of President Trump's monetary policy. And, how will the IRS carry out its mandate under the Trump administration’s recent staff and funding cuts? Plus, across the pond, how will tariffs affect Ireland’s corporate tax policies that have attracted American companies to its shores? Later, academic leaders talk about colleges' handling of antisemitism and President Trump’s decision to cut federal funding for research. (Source: Bloomberg)
2025-05-09
Stock Indexes Finish Near Flat | Bloomberg: The Close 05/09/2025Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are UBS Senior Vice President and Financial Advisor Brenda O'Connor Juanas, City Group Equity Research Analyst Jon Tower, Akamai CEO & CO-Founder Tom Leighton, Empower Investment Chief Investment Strategist Marta Norton, Peterson Institute for International Economics Senior Fellow Mary Lovely, Jamaica Stock Exchange Manging Director Marlene Street Forrest, UrbanStems CEO Meenakshi Lala. (Source: Bloomberg)
2025-05-09
US Official Meets With Mexico Bankers on Cartel Financing RisksA US Treasury Department official made an unannounced visit to Mexico’s annual banking convention to discuss stepping up efforts to combat organized-crime finances.