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Philippines Vows to Dismantle Graft Syndicate, Fire Up Spending

The Philippines will move to dismantle the “syndicate” that pilfered public funds while ramping up infrastructure spending early next year to revive the economy, according to a key cabinet official.

The Philippines will move to dismantle the “syndicate” that pilfered public funds while ramping up infrastructure spending early next year to revive the economy, according to a key cabinet official.
Bloomberg Politics • Dec 9, 9:00 PM
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First Brands Rushes to Contain Panic as Loan Plunges to 63 Cents

Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.

Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.
Bloomberg Markets • Dec 9, 8:54 PM
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First Brands Rushes to Stem Panic as Loan Plunges Below 60 Cents

Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.

Major investors in First Brands Group have offloaded stakes in the bankrupt auto supplier’s debt in recent days, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call to calm nerves.
Bloomberg Markets • Dec 9, 8:54 PM
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Wall Street On Hold Ahead of Wednesday Fed Meeting | Bloomberg Businessweek Daily 12/9/2025

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec count down to Wednesday's Federal Reserve decision, with markets on hold as traders await a likely rate cut.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec count down to Wednesday's Federal Reserve decision, with markets on hold as traders await a likely rate cut. Bloomberg's Stuart Paul and Michael MacKenzie join the show to discuss. Also on today's show, Bloomberg's Hannah Miller and Sally Bakewell on the ongoing fight between Netflix and Paramount Skydance over Warner Bros. Discovery, and Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder examines the...
Bloomberg Politics • Dec 9, 8:52 PM
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DOJ Weighs Antitrust Challenge of Pharmacy Software Merger

The US Justice Department is weighing a challenge to a deal between two of the largest companies offering software to small, independent pharmacies, as antitrust enforcers step up their focus on the health-care industry.

The US Justice Department is weighing a challenge to a deal between two of the largest companies offering software to small, independent pharmacies, as antitrust enforcers step up their focus on the health-care industry.
Bloomberg Politics • Dec 9, 8:40 PM
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Real Estate at 'Inflection Point,' Says Morgan Stanley's Hochfelder

Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder believes that we are at an 'inflection point' for real estate heading into 2026, indicating that sellers are more motivated, buyers more interested, and debt markets are 'wide open,' which could help lead a transition into a recovery period.

Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder believes that we are at an 'inflection point' for real estate heading into 2026, indicating that sellers are more motivated, buyers more interested, and debt markets are 'wide open,' which could help lead a transition into a recovery period. She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to examine the state of the US real estate market. (Source: Bloomberg)
Bloomberg Politics • Dec 9, 8:29 PM
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Fed Expected to Cut as Slow Eco Data Shows Conflicting Goals

Bloomberg's Stuart Paul and Michael Mackenzie preview the Fed's decision Wednesday, as critical economic data for the FOMC remains delayed by the recent government shutdown and recent indicators point to differing targets between inflation and the labor market.

Bloomberg's Stuart Paul and Michael Mackenzie preview the Fed's decision Wednesday, as critical economic data for the FOMC remains delayed by the recent government shutdown and recent indicators point to differing targets between inflation and the labor market. (Source: Bloomberg)
Bloomberg Politics • Dec 9, 8:18 PM
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Trump’s Reprieve for Nvidia’s H200 Spurred by Huawei’s AI Gains

President Donald Trump decided to let Nvidia Corp.

President Donald Trump decided to let Nvidia Corp. sell its H200 artificial intelligence chips to China after concluding the move carried a lower security risk because the company’s Chinese archrival, Huawei Technologies Co., already offers AI systems with comparable performance, according to a person familiar with the deliberations.
Bloomberg Politics • Dec 9, 8:17 PM
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Trump’s Nvidia H200 Reprieve Spurred by Huawei’s AI Gains

President Donald Trump decided to let Nvidia Corp.

President Donald Trump decided to let Nvidia Corp. sell its H200 artificial intelligence chips to China after concluding the move carried a lower security risk because the company’s Chinese archrival, Huawei Technologies Co., already offers AI systems with comparable performance, according to a person familiar with the deliberations.
Bloomberg Politics • Dec 9, 8:17 PM
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Slump of DATs, Crypto's Influence on Trump: David Bailey

KindlyMD Chairman & CEO David Bailey is the man credited with converting President Donald Trump into a crypto believer.

KindlyMD Chairman & CEO David Bailey is the man credited with converting President Donald Trump into a crypto believer. He discusses the slump in DATs, possible consolidation of the companies, a potential bitcoin reserve and crypto's influence in the upcoming US midterms on 'Bloomberg Crypto.' (Source: Bloomberg)
Bloomberg Politics • Dec 9, 8:10 PM
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Senate GOP Floats Health Plan | Balance of Power: Early Edition 12/9/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses President Donald Trump's trip to Pennsylvania Tuesday evening.

On the early edition of Balance of Power, Bloomberg Washington Correspondent Joe Mathieu discusses President Donald Trump's trip to Pennsylvania Tuesday evening. On today's show, Slovenia Deputy Prime Minister Tanja Fajon, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Republican Senator Pete Ricketts of Nebraska. (Source: Bloomberg)
Bloomberg Politics • Dec 9, 8:05 PM