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07.12.2024 5:33
07.12.2024 5:00
New World’s Revolving Door of CEOs Shows Succession Challenge In a town-hall meeting on Nov. 29, Hong Kong billionaire Henry Cheng introduced his new pick for Chief Executive Officer to the hundreds of employees gathered virtually, pledging that Echo Huang would help the ailing property developer cut debt and rebuild its residential property pipeline.

07.12.2024 3:36
Record Highs for S&P and Nasdaq | Closing Bell Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Norah Mulinda and Tim Stenovec. (Source: Bloomberg)

07.12.2024 3:21
Apollo and Workday to Join S&P 500 After Index Rebalancing Apollo Global Management Inc. has been added to the S&P 500 index in the latest quarterly weighting change, joining alternative asset manager Blackstone Inc. on the world’s most-watched equity gauge. Workday Inc. has been included too.

07.12.2024 2:18
07.12.2024 2:09
How AI Impacted the November Jobs Numbers As US November payrolls added 227,000 jobs, Lattice CEO Sarah Franklin says companies are seeing efficiency gains as AI gains traction. She joins Caroline Hyde to discuss on Bloomberg Technology. (Source: Bloomberg)

07.12.2024 2:05
06.12.2024 22:36
Billionaire Salinas’ Elektra Languishes After $5 Billion, One-Day Wipeout For a while, it looked like Grupo Elektra, one of Mexico’s largest appliance retailers, was set to become a zombie stock. The shares stopped trading in July at the request of its controlling holder. When regulators wanted to lift the ban, the company pushed to extend it, setting up a tug-of-war and leaving investors in limbo.

06.12.2024 3:03
Why US College Closures Are Set to Soar The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students, according to a new working paper published by the Federal Reserve Bank of Philadelphia. Nic Querolo reports on “Bloomberg The Close.”

06.12.2024 3:03
Aviva Nears Preliminary Deal With Direct Line After Bump Aviva Plc is nearing a preliminary agreement to acquire Direct Line Insurance Group Plc, as the UK motor insurer finally succumbs to a suitor after fending off takeover interest since early this year, people with knowledge of the matter said.


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