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FBI Is Probing Diamond Deals Struck by Founder of Jeweler Lugano

Federal authorities are investigating off balance-sheet transactions involving Lugano Diamonds & Jewelry, a chain of high-end boutiques that’s accused its founder of misrepresenting diamond investments he brokered with wealthy clients.

Federal authorities are investigating off balance-sheet transactions involving Lugano Diamonds & Jewelry, a chain of high-end boutiques that’s accused its founder of misrepresenting diamond investments he brokered with wealthy clients.
Bloomberg Markets • Dec 8, 9:38 PM
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Trump Foe Jasmine Crockett Unveils Bid for Texas Senate Seat

Texas Congresswoman Jasmine Crockett is launching a bid for the US Senate, aiming to parlay her large social media following and fundraising prowess with Democratic donors into a seat representing the Republican-dominated state.

Texas Congresswoman Jasmine Crockett is launching a bid for the US Senate, aiming to parlay her large social media following and fundraising prowess with Democratic donors into a seat representing the Republican-dominated state.
Bloomberg Politics • Dec 8, 9:15 PM
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Paramount Launches Hostile Bid for Warner Bros. | Bloomberg Businessweek Daily 12/8/2025

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Matt Miller discuss Paramount Skydance launching a hostile takeover bid for Warner Bros.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Matt Miller discuss Paramount Skydance launching a hostile takeover bid for Warner Bros. Discovery valued at $30 a share in cash. Bloomberg's Felix Gillette and Geetha Ranganathan of Bloomberg Intelligence join the show to break it down. Also on today's show, Bloomberg's Alexandre Rajbhandari and Sri Natarajan on JPMorgan hiring Berkshire’s Todd Combs for a prominent investing role, and CSIS Critical Minerals Security Program Director...
Bloomberg Politics • Dec 8, 9:07 PM
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Marvell’s stock falls in the wake of these two competitive concerns

There are new fears on Wall Street related to the future of Marvell’s work with Amazon and its potential to capitalize on opportunity with Microsoft.

There are new fears on Wall Street related to the future of Marvell’s work with Amazon and its potential to capitalize on opportunity with Microsoft.
MarketWatch - Top Stories • Dec 8, 9:07 PM
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Simulated Trading Firm Accused of Fraud Clears Hurdle to Restart

A court in Canada has unfrozen most assets of MyForexFunds and its chief executive officer, paving the way for the simulated trading firm previously accused of fraud to resume operations.

A court in Canada has unfrozen most assets of MyForexFunds and its chief executive officer, paving the way for the simulated trading firm previously accused of fraud to resume operations.
Bloomberg Markets • Dec 8, 8:56 PM
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Trump Threatens ‘Severe’ Tariffs on Canadian Fertilizer: Q&A

President Trump answers questions from reporters in the cabinet room after announcing $12 billion in aid to American farmers.

President Trump answers questions from reporters in the cabinet room after announcing $12 billion in aid to American farmers. The president spoke about the health care fight, the EU's fine on Elon Musk's social media site X and said that he is waiting to see Paramount's market percentage before weighing in further on the bid for Warner Bros. (Source: Bloomberg)
Bloomberg Politics • Dec 8, 8:53 PM
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Trump Eyes Tariffs Over Canadian Fertilizer, Indian Rice

President Donald Trump signaled he could impose fresh tariffs on agricultural products, including Canadian fertilizer and Indian rice, the latest sign that protracted negotiations with two US trading partners could drag on.

President Donald Trump signaled he could impose fresh tariffs on agricultural products, including Canadian fertilizer and Indian rice, the latest sign that protracted negotiations with two US trading partners could drag on.
Bloomberg Politics • Dec 8, 8:47 PM
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US 'Way Ahead' of Last Year for Rare Earths Operations, Says CSIS Critical Minerals Director

President Donald Trump has made securing rare earth minerals that are crucial for military and high-tech applications one of his top priorities, The US has renewed a focus on not just operations abroad, including a newly vowed $1 billion for critical minerals supply chain in Congo, but also accelerating mining and processing production domestically.

President Donald Trump has made securing rare earth minerals that are crucial for military and high-tech applications one of his top priorities, The US has renewed a focus on not just operations abroad, including a newly vowed $1 billion for critical minerals supply chain in Congo, but also accelerating mining and processing production domestically. CSIS Critical Minerals Security Program Director Gracelin Baskaran joined Carol Massar and Matt Miller on 'Bloomberg Businessweek Daily' to break it...
Bloomberg Politics • Dec 8, 8:45 PM
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NJ Suburb Montclair Goes Through With School-System Staff Cuts

The wealthy New Jersey commuter town of Montclair is moving forward with staff and program cuts at its public schools as part of the system’s efforts to address a nearly $20 million budget gap.

The wealthy New Jersey commuter town of Montclair is moving forward with staff and program cuts at its public schools as part of the system’s efforts to address a nearly $20 million budget gap.
Bloomberg Markets • Dec 8, 8:07 PM
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Trump Urges Tractor Makers to Cut Costs as Vexed Farmers Get Aid

President Donald Trump pressured farm-equipment manufacturers to drop prices for tractors as he announced $12 billion in farmer relief, his latest efforts to address Americans’ concerns about shaky economic conditions under his leadership.

President Donald Trump pressured farm-equipment manufacturers to drop prices for tractors as he announced $12 billion in farmer relief, his latest efforts to address Americans’ concerns about shaky economic conditions under his leadership.
Bloomberg Politics • Dec 8, 8:05 PM
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Meet the King of Performance: TECL ETF

On "Bloomberg ETF IQ", Douglas Yones, Direxion CEO, discusses the growth in leveraged ETFs and his fund, the Direxion Daily Technology Bull 3X Shares (ticker: TECL), which was launched in 2008 and has returned around 47,000% since that time.

On "Bloomberg ETF IQ", Douglas Yones, Direxion CEO, discusses the growth in leveraged ETFs and his fund, the Direxion Daily Technology Bull 3X Shares (ticker: TECL), which was launched in 2008 and has returned around 47,000% since that time. (Source: Bloomberg)
Bloomberg Markets • Dec 8, 8:00 PM