Financially scrambling real estate fraud and adjudicated rapist Donald J. Trump has been dropped from the Bloomberg Billionaire Index. As Trump Media's share price plummets, so does Donald Trump's vaporous net worth. Still unable to secure a valid bond in the appeal of his $454 million fraud judgment, even for the generously reduced amount the appeals court approved, Trump could see collections efforts begin next week, which will likely be in the form of seized assets. — Read the rest
Good morning. Fitch revises its outlook for China’s sovereign rating to negative. The US approves the sale of some weapons to Ukraine. And we learn what’s on the menu when Fumio Kishida visits the White House tonight.
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Tesla is slashing its workforce by more than 10%, part of a global
Apple is nearing the production of next generation M4 computer processors and plans to update every Mac model with it, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The company is aiming to release the updated computers beginning late this year and extending into early next year, the report said. They will include new iMacs, a low-end 14-inch MacBook Pro, high-end 14-inch and 16-inch MacBook Pros, and Mac minis - all with M4 chips, the report said, adding that...
Miyake to head smartphone games for Square Enix // Business news website Bloomberg reported on Friday that Square Enix's Yu Miyake, executive producer for
Former President Donald Trump has been bumped from Bloomberg's list of billionaires, according to new reports. Trump's name did not appear Tuesday on the financial news site's daily ranking of the world's 500 richest people, based on net worth analyses of the billionaires' profiles and the day's trading. USA Today, the first to spot Trump's absence, linked Trump's fall to the problematic public opening of the eponymous media company that parents Truth Social. "Tuesday has been the stock’s...
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
RFG Advisory LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 122,469 shares of the exchange traded fund’s stock after buying an additional 5,229 shares […]