Jefferies Leads $1 Billion Loan for KKR’s Simon & Schuster Deal
KKR & Co. has lined up debt financing from a group of banks led by Jefferies Financial Group Inc. to help fund its buyout of publishing house Simon & Schuster from Paramount Global, according to people familiar with the matter. #press
Wizz Air Scales Back Growth Plans on Engine Woes
Wizz Air Holdings Plc scaled back its growth plans citing engine issues as well as a desire to increase yields, even as it reported fiscal first-quarter results that beat estimates. #press
Chelsea FC Looking to Raise Capital After Tough Season
Chelsea FC has approached investors about raising capital for the London-based club, according to people familiar with the matter. #press
Wizz Air Scales Back Growth Plans on Engine Woes
Wizz Air Holdings Plc scaled back its growth plans citing engine issues as well as a desire to increase yields, even as it reported fiscal first-quarter results that beat estimates. #press
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders, is betting big that its high-yield savings accounts will stoke growth in Latin America’s second-largest economy. #press
Bloomberg Businessweek Weekend - August 4th, 2023 (Radio)
Source: Bloomberg, 80:56 #press
Alex Morgan Leading The Charge To Grow Women’s Soccer
2023 could be the biggest year ever for women’s soccer. The Women’s World Cup is expected to have the highest viewership ever and the National Women’s Soccer League is expanding faster than any other league in North America. We caught up with World Cup Champion and San Diego Wave captain Alex Morgan... #press
Jobs Day and the Fed (Audio)
Source: Bloomberg, 7:53 #press
https://www.bloomberg.com/news/audio/2023-08-04/jobs-day-and-the-fed-audio?utm_source=press.coop
Bloomberg Businessweek Weekend - August 4th, 2023 (Radio)
Source: Bloomberg, 80:56 #press
Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders, is betting big that its high-yield savings accounts will stoke growth in Latin America’s second-largest economy. #press
Are Republicans Tired of the Trump Show Yet?: Opinion (Podcast)
Source: Bloomberg, 00:57 #press
Airlines Slash Prices to Convince Americans to Vacation Closer to Home
JetBlue Airways Corp., Alaska Air Group Inc. and other US carriers expected the post-pandemic travel boom to send ticket prices soaring this summer. Instead, they’re getting battered. #press
Global Shipping Costs Creep Higher After 16-Month Freefall
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that helped ease the sting of goods inflation is over. #press
Who Killed Billionaire Barry Sherman and His Wife Honey? #press
Airlines Slash Prices to Convince Americans to Vacation Closer to Home
JetBlue Airways Corp., Alaska Air Group Inc. and other US carriers expected the post-pandemic travel boom to send ticket prices soaring this summer. Instead, they’re getting battered. #press
A Step Too Far: The Readout With Allegra Stratton
For most of today the prime minister’s constituency home has been a ghoulish sight. This morning, Greenpeace activists climbed onto the roof of the North Yorkshire residence and unfurled black fabric down its brickwork, in protest at the decision on Monday to “max out” North Sea oil and gas extraction. The... #press
The Former Slave Behind America's Most Famous Whiskey
Once "Uncle Nearest" Green's contributions to the invention of Tennessee whiskey were uncovered, historian and entrepreneur Fawn Weaver knew he and his descendants deserved a brand to honor that legacy. This is how a woman-led team is making whiskey history of their own. (Source: Bloomberg) #press
World Trade Forecast Cut as Maersk Flags Fears for Economy
Shipping giant A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, indicating that weak demand continues to hamper economic activity after years of supply shocks. #press
Next China: Hooked on Phones
Hello, this is Allen Wan in Shanghai.Every parent wants to get their children to stop playing video games on their mobile phones, and I’m no exception. #press
Credit Suisse Collapsed, And Switzerland Went Back to Making Money
Despite widespread calls for reform in the wake of the country’s biggest banking shock, little has changed. Is that stability or complacency? #press
