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CAP

Lula Asked for Trump’s Help to Arrest Brazil’s ‘Largest Debtor’

Donald Trump could help Brazil fight organized crime by arresting the Florida resident accused of being the South American country’s biggest tax evader, President Luiz Inacio Lula da Silva told his US counterpart.

Donald Trump could help Brazil fight organized crime by arresting the Florida resident accused of being the South American country’s biggest tax evader, President Luiz Inacio Lula da Silva told his US counterpart.
Bloomberg MarketsDec 9, 6:15 PM
CAP

French Lawmakers Back Spending Part of Social-Security Budget

France’s National Assembly adopted the spending part of the social security bill in the first of two votes on Tuesday that are crucial to Prime Minister Sebastien Lecornu’s attempt to bring fiscal stability to the country.

France’s National Assembly adopted the spending part of the social security bill in the first of two votes on Tuesday that are crucial to Prime Minister Sebastien Lecornu’s attempt to bring fiscal stability to the country.
Bloomberg MarketsDec 9, 6:13 PM
REG

Supreme Court Questions Spending Curbs on Political Parties

The US Supreme Court weighed Republican calls for a fresh rollback of campaign-finance regulations, questioning federal caps that limit spending by political parties in coordination with candidates.

The US Supreme Court weighed Republican calls for a fresh rollback of campaign-finance regulations, questioning federal caps that limit spending by political parties in coordination with candidates.
Bloomberg PoliticsDec 9, 6:05 PM
CAP

Tanger CEO Sees Retail Rebound

US consumer sentiment just snapped a five-month slump — ticking higher right as holiday shopping kicks into overdrive.

US consumer sentiment just snapped a five-month slump — ticking higher right as holiday shopping kicks into overdrive. Tanger outlets are riding the wave, with shares rebounding into year-end and Black Friday crowds lining up out the door. Tanger CEO Stephen Yalof joined Bloomberg Open Interest with his take on the US consumer. (Source: Bloomberg)
Bloomberg MarketsDec 9, 6:04 PM
CAP

Howard Marks Says AI Is ‘Terrifying’ for Jobs, Queries Debt Cost

Artificial intelligence has created a “terrifying” outlook for employment, Oaktree Capital Management LP co-founder Howard Marks cautioned, and an assumed productivity boom fails to consider how many people will be able to afford the additional goods produced.

Artificial intelligence has created a “terrifying” outlook for employment, Oaktree Capital Management LP co-founder Howard Marks cautioned, and an assumed productivity boom fails to consider how many people will be able to afford the additional goods produced.
Bloomberg MarketsDec 9, 5:50 PM
CAP

Howard Marks Says AI Terrifying for Jobs, Queries Debt Cost

Artificial intelligence has created a “terrifying” outlook for employment, Oaktree Capital Management LP co-founder Howard Marks cautioned, and an assumed productivity boom fails to consider how many people will be able to afford the additional goods produced.

Artificial intelligence has created a “terrifying” outlook for employment, Oaktree Capital Management LP co-founder Howard Marks cautioned, and an assumed productivity boom fails to consider how many people will be able to afford the additional goods produced.
Bloomberg MarketsDec 9, 5:50 PM
MA

Axcelis Technologies to Acquire Veeco Instruments in Merger of Equals Valued at $1.2 Billion

Axcelis Technologies, Inc. has entered into a merger agreement to acquire Veeco Instruments Inc., creating a leading semiconductor equipment provider. The transaction will involve an exchange ratio of 0.3575 shares of Axcelis stock for each share of Veeco, resulting in Axcelis shareholders owning approximately 58.1% of the combined entity.

In a significant move within the semiconductor equipment industry, Axcelis Technologies, Inc. (Nasdaq: ACLS) has announced its intent to acquire Veeco Instruments Inc. (Nasdaq: VECO) in a merger of equals valued at approximately $1.2 billion. The merger agreement, finalized on September 30, 2025, will see Victory Merger Sub, Inc., a wholly-owned subsidiary of Axcelis, merge with Veeco, with Veeco remaining as the surviving corporation. This strategic consolidation aims to create a dominant entity capable of...
USFMDec 9, 5:21 PM
LBO

British Business Bank Commits $100 Million to SV8 Biotech Fund in Major Life Sciences Investment

The British Business Bank has announced a landmark $100 million cornerstone commitment to SV Health Investors' new SV8 Biotech Fund LP, marking its largest investment to date in the life sciences sector. This strategic move elevates the Bank's total commitments in life sciences to over £560 million across 15 funds, reinforcing its position as a leading investor in UK venture capital.

USFMDec 9, 5:20 PM
CAP

Treasuries Rally Stalls on Job Openings Data With Auction Ahead

Treasuries edged lower after a gauge of US job openings topped estimates, highlighting the challenge Federal Reserve policymakers face as they prepare to vote on whether to lower interest rates again this week.

Treasuries edged lower after a gauge of US job openings topped estimates, highlighting the challenge Federal Reserve policymakers face as they prepare to vote on whether to lower interest rates again this week.
Bloomberg MarketsDec 9, 4:42 PM