Forget Trump, bet on Musk: decoding the market’s new favourite play
Forget the Trump trade – the “Musk trade” might be the most lucrative play in the current market landscape. The most compelling evidence of this shift lies in Musk’s personal fortune. Bloomberg data ...
Pimco Likes Cruise Lines, Bank Bonds in Tariff Turmoil
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...
T-Mobile Technician's Overtime Lawsuit Forced Into Arbitration
T-Mobile USA Inc.'s motion to arbitrate a senior technician’s lawsuit seeking overtime pay for hours he spent on call was ...
Behind Musk’s X Turnaround: Pick-and-Choose Financials
Even as Elon Musk’s X Holdings Corp. basks in a valuation facelift, the social-media platform remains mired in debt and its ...
TikTok Returns to US App Stores Buffeted by Weeks of Uncertainty
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg ...
X in talks to raise funds at $44B valuation, Bloomberg reports
X is in talks to raise funds at a $44B valuation, matching the price Elon Musk paid for Twitter (TWTR) in 2022, Bloomberg’s Katie Roof reports.
GOP Senators Weigh Selling Radio Spectrum to Reap $100 Billion
Senate Republicans are considering a massive sale of radio spectrum intended to generate billions of dollars to help pay for ...
LeBron James's media company lost $28 million in 2023 — and was on pace to lose millions more in 2024, report says. Why celeb-backed startups can struggle, and wh…
LeBron James is a legend on the basketball court, but so far hasn’t been able to recreate that same success in the media ...