Among previous hung debt deals, Pimco bought about €1 billion ($1 billion) of debt backing Apollo’s buyout of Worldline SA’s payment terminals unit at 85 cents on the euro. Apollo, meanwhile, bought ...

Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the importance lawmakers place on quickly having someone at the Treasury’s helm — and reflecting Bessent’s relatively ...

While Huang and Ellison suffered losses, other major tech billionaires’ fortunes escaped unscathed. Zuckerberg’s net worth ended the day up, gaining $4.3 billion as Meta rebounded from an ...

The amended complaint, which adds to allegations first brought in November 2023, specify that 11 advisors who were lured away between June 2021 and December 2024, and names Mariner CEO Marty Bicknell ...

“Lowering costs is great for the world,” Wood said in an interview with Bloomberg TV. “They were collapsing anyway, DeepSeek has stepped it up a notch.