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18.01.2025 18:17
A Vibe Shift at Davos For years, C.E.O.s have used the annual gathering at the World Economic Forum to emphasize commitments to D.E.I., E.S.G. and globalization. Now the politics have changed.

18.01.2025 15:02
17.01.2025 21:25
JCPenney Merges to Form a New Company JCPenney is combining with Sparc Group to form a new retail giant called Catalyst Brands. The merger brings brands including Brooks Brothers, Eddie Bauer and Lucky Brand under the same umbrella. The $9 billion behemoth is launching with more than 1,800 store locations. Marc Rosen, the former chief executive officer of JCPenney and new CEO of Catalyst Brands joins Bloomberg Open interest to talk about the new venture. (Source: Bloomberg)

17.01.2025 20:28
Supreme Court Will Not Block TikTok Shutdown The Supreme Court has upheld a law that requires ByteDance to sell TikTok by January 19 or face a ban in the US, citing national security concerns. Ben Bain has more on “Bloomberg Open Interest.”

17.01.2025 20:15
Wegovy, Ozempic Targeted by US for Medicare Price Cuts The US plans to slash the price it pays for Novo Nordisk’s Ozempic and Wegovy, the latest drugs to be targeted under legislation that’s expected save the government more than $200 billion over a decade. Sam Fazelli of Bloomberg Intelligence has more.

17.01.2025 19:49
Goldman Raises CEO Solomon’s Pay, Adds Retention Award Goldman Sachs Group Inc. gave Chief Executive Officer David Solomon a $39 million pay package for 2024, which is a roughly 25% increase on Solomon’s package for the previous year of $31 million. The company also handed retention awards valued at $80 million each to Solomon and President John Waldron. Sonali Basak reports.

17.01.2025 19:18
17.01.2025 19:00
IMF Gives Reeves Tepid Support by Notching Up UK Growth The International Monetary Fund has offered only luke-warm support for Rachel Reeves’ big-spending budget, upgrading its growth forecast for this year by just 0.1 percentage points and leaving it as the third fastest growing Group of Seven economy behind the US and Canada.


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