Market News
- Blue Owl Co-CEOs’ Personal Loans No Longer Backed by Firm Shares
by Davide Scigliuzzo on April 17, 2026 at 10:21 pmBlue Owl Capital Inc. Co-Chief Executive Officers Doug Ostrover and Marc Lipschultz have revised the terms of personal loans to remove the company’s shares as collateral, after turmoil in the private credit market hammered the stock’s value in recent months.
- Geothermal Power Firm Fervo Energy Files for IPO
by Anthony Hughes on April 17, 2026 at 10:09 pmFervo Energy Co. filed for an initial public offering, disclosing wider losses as it plans to start generating power from its first geothermal project in Utah later this year.
- REAL Cookies Founders on The Future of Healthy Snaking
on April 17, 2026 at 10:09 pmLauren Berger and Marla Felton, REAL Cookies Co-Founders joined Bloomberg Businessweek Daily to discuss their merger with Creations Foods and the outlook for healthy snacking. (Source: Bloomberg)
- Rosner on Credit Markets Amid Geopolitical Tension
on April 17, 2026 at 10:01 pmLindsay Rosner, Head of Multi Sector Fixed Income at Goldman Sachs Asset Management, discuss the current state of credit markets amid geopolitical tensions and private credit challenges. Rosner highlights that while credit spreads remain tight, the all-in yield remains attractive to investors. She speaks with Katie Greifeld on “Real Yield.” (Source: Bloomberg)
- KKR-Backed Emergency Services Firm GMR Files for US IPO
GMR Solutions Inc., the KKR & Co.-backed air and ground emergency medical services company, […]
- Live Nation Inks $742 Million of Private Debt Tied to Venues
Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt […]
- Blackstone-Backed Ad Tech Firm Liftoff Mobile Refiles for US IPO
Liftoff Mobile Inc. filed again for an initial public offering just two months after withdrawing a […]
- IMF, World Bank Navigate Economic Fallout From Iran War
With the world facing a potential new economic crisis, the mood at this week’s IMF-World Bank […]
- Oil and Gas Plunge on Hormuz Opening, Hope for End of War
Oil and European natural gas prices tumbled after the promised re-opening of the Strait of Hormuz […]
- Wall Street Extends April Surge on Peace Prospects: Markets Wrap
Speculation the Iran war is poised to end sent risky assets surging anew, extending a month-long […]
- Gold Jumps to One-Month High as Iran Says Hormuz Completely Open
Gold jumped to the highest in almost a month after Iran declared the Strait of Hormuz “completely […]
- Wall Street Turns Gloomy on the Dollar as Haven Demand Fades
Deutsche Bank AG and Wells Fargo & Co. say the dollar’s war-driven haven rally is likely […]
political news
- Trump Telegraphs End to Iran War as Focus Turns to Economy
by Jeff Mason on April 17, 2026 at 10:49 pmPresident Donald Trump is signaling he’s ready to wrap up the US war with Iran, even as details of a deal remain murky and hurdles to a lasting peace remain high.
- Given Iran Chokehold Control of Strait: Rep. Auchincloss
on April 17, 2026 at 10:05 pmRepresentative Jake Auchincloss (D-MA) shares his disbelief when discussing President Trump saying the Strait of Hormuz is open, stating markets “would be wise to put the President on mute.” He goes on to explain how Trump has now given Iran a different strategic deterrent in chokehold control of the Strait, and whether or not he believes the president can talk peace into existence with Iran. Rep. Auchincloss speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
- US Backs Almost $12 Billion in Naval Equipment Sales to Germany
by Courtney McBride on April 17, 2026 at 9:56 pmThe US government has approved a potential sale to Germany of up to $11.9 billion in combat management systems for surface vessels, the State Department announced Friday.
- Lutnick Shuts Down Talk of Any Chinese Investment in US Autos
by Colum Murphy on April 17, 2026 at 9:50 pmCommerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need for companies like electric carmaker BYD Co. in America.
- US Weighs Tougher Auto Import Rules to Accelerate Reshoring
by Gonzalo Soto, David Welch, Gabrielle Coppola on April 17, 2026 at 9:36 pmThe Trump administration is considering potential changes to North American trade rules that would raise tariff costs on US automobile imports and push manufacturers to boost domestic production, according to people familiar with the matter.
- EU Favors Central Buying of Imported Carbon Credits
The European Union said it prefers controlled purchases of international carbon credits over the […]
- Iran Says Hormuz to Open During Lebanon Truce in Boost for Peace
Iran said it would open the Strait of Hormuz for the duration of a 10-day ceasefire between Israel […]
- Trump Proposal Ties Federal Aid to Student Earnings Outcomes
The Trump administration proposed regulations mandating colleges and universities be accountable […]
- Modi’s Bid to Expand Parliament, Boost Women Lawmakers Fails
Indian Prime Minister Narendra Modi’s push to expand Parliament and reserve at least a third of […]
- Trump Says Iran Will Suspend Nuclear Program as Hormuz Opens
President Donald Trump said Iran has agreed to suspend its nuclear program indefinitely, fueling […]
Wealth
- Algo Trader Shares $3 Billion Payday Amid XTX Earnings Rise
by Benjamin Stupples on April 17, 2026 at 4:38 pmBillionaire Alex Gerko and other shareholders of his algorithmic trading firm XTX Markets are sharing a windfall of about $3 billion through one of the world’s biggest market-making businesses.
- In California's Wealth-Tax Fight, You Can Make $30,000 Collecting Signatures
by Alicia Clanton on April 17, 2026 at 2:00 pmCalifornia’s labor unions and billionaires are spending lavishly on a political battle over a proposed new tax on the state’s wealthiest citizens. To take their cases to the voters, they depend on people like Benjamin Israel.
- Nvidia Makes Quantum Computing CEO a Billionaire in Days
by Mathieu Dion on April 17, 2026 at 1:15 pmThe founder of quantum computing startup Xanadu Quantum Technologies Ltd. became a billionaire in a matter of days after Nvidia Corp. threw its weight behind the emerging technology.
- Why Are Markets So Sanguine About the Iran War?
by John Stepek on April 17, 2026 at 1:00 pmArguing with markets is risky. But it’s hard to square the state of the world with record highs.
- Carlos Slim Goes On $500 Million US Oil Stocks Selling Spree
by Benjamin Stupples, Andrea Navarro on April 17, 2026 at 9:02 amCarlos Slim and his family are pocketing profits in US oil companies that have seen their shares surge recently as geopolitical tensions drive up gasoline prices.
Tech & Innovation
- Peace Prospects Extend April Surge | The Close 4/17/2026
on April 17, 2026 at 10:07 pmBloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BNY Wealth’s Sinead Colton Grant, BlackRock’s Nick Nefouse, Comscore’s Paul Dergarabedian, Former US Ambassador to NATO Kay Bailey Hutchison, Permanent Portfolio’s Michael Cuggino, Veda Partners’ Henrietta Treyz, Miller Tabak’s Matt Maley, Constellation Research CEO Ray Wang, Rillet CEO Nicolas Kopp & Andreessen Horowitz’s Alex Rampell, & Schroders’ Deb Boyden. (Source: Bloomberg)
- Andreessen Horowitz Invests in AI-Platform, Rillet
on April 17, 2026 at 8:59 pmRillet CEO Nicolas Kopp & Andreessen Horowitz General Partner Alex Rampell discuss how Rillet helps firms optimize their finances and accounting using AI. They talk with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
- Could See a SpaceX-Tesla Merger Before the IPO: Ray Wang
on April 17, 2026 at 8:49 pmConstellation Research CEO Ray Wang discusses the current AI landscape, why software is the ‘next piece to comeback,’ and the possibility of a SpaceX-Tesla merger. He talks with Katie Greifeld and Romaine Bostick on “The Close.” (Source: Bloomberg)
- Wall Street Extends April Surge As The Strait of Hormuz Reopens
on April 17, 2026 at 8:36 pmSpeculation the Iran war is poised to end sent risky assets surging anew, extending a month-long rally that’s lifted the S&P 500 Index to a succession of records, added around $12,000 to the price of Bitcoin and pushed up credit and gold. Olaolu Aganga, Citi Wealth Head of Portfolio Construction and Analytics joins Bloomberg Businessweek Daily to discuss. (Source: Bloomberg)
- OpenAI’s Former Product Chief and Sora Head Leave Company
by Rachel Metz on April 17, 2026 at 8:35 pmOpenAI’s head of science initiatives and the leader for its Sora AI video team are both leaving the company, adding to a recent string of departures while the company reorganizes its sprawling product portfolio.
