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10.08.2024 3:37
Prospect Capital Defends Record, Says It Has Access to Funding Private lender Prospect Capital Corp. defended its 20-year track record, pushing back against criticism over its frequent use of arrangements that allow borrowers to pay interest with more debt and its reliance on individual investors for funding.

10.08.2024 1:48
RBC’s Former CFO Sues Bank, Denies Affair With Colleague Royal Bank of Canada’s former chief financial officer is suing for wrongful dismissal, arguing the bank made a “devastating” error when it fired her over a personal relationship with a co-worker — and denying that the two were romantic partners.

10.08.2024 1:36
S&P, Nasdaq Log 4th Negative Week | Closing Bell Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Matt Miller. (Source: Bloomberg)

10.08.2024 1:10
Kamala Harris Gets Support of 1,200 Tech Workers A group of about 1,200 technology workers have pledged to back Kamala Harris’ presidential bid — part of an effort to show wide industry support for Democrats in Silicon Valley, outside of its most vocal investor class. Tech4Kamala Co-Founder and former Wing CFO Shannon Nash and San Jose Mayor Matt Mahan join Ed Ludlow to discuss on “Bloomberg Technology.”

10.08.2024 1:02
Akamai Gains After Results and Raising Forecast Akamai shares raised its full-year forecast for adjusted earnings and lifted the low end of its full-year revenue guide. Akamai CEO Tom Leighton joins Ed Ludlow to discuss on Bloomberg Technology. (Source: Bloomberg)

10.08.2024 0:56
Cisco to Lay Off Thousands of More Workers, Reuters Reports Cisco will cut thousands of jobs in a second round of layoffs this year, Reuters reports, citing sources. This comes as more than 126,000 tech employees have been laid off so far in 2024, with companies increasingly citing AI as a reason for these job cuts. Roger Lee, creator of the Layoffs.fyi platform dedicated to tracking tech layoffs since the Covid-19 pandemic in 2020, weighs in with Ed Ludlow on Bloomberg Technology. (Source: Bloomberg)

09.08.2024 14:03
How to Cope When the Markets Panic Take a deep breath and make sure you’re well positioned for a potential storm, our columnist says. But stick it out for the long haul.


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