Category: Bloomberg
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Tesla delays robotaxi launch to October from August, Bloomberg News reports By Reuters
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Tesla Inc. has delayed the launch of a robotaxi by about two months until October after the design team was asked to redesign some elements of the vehicle, Bloomberg News reported on Thursday, citing people familiar with the decision. Shares of Tesla (NASDAQ:TSLA), which is betting on self-driving vehicles over…
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…
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Brazil’s Suzano no longer pursuing bid for International Paper- Bloomberg By Investing.com
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Investing.com–Brazilian pulp maker Suzano Papel e Celulose (NYSE:) will not pursue a bid for International Paper (NYSE:), after the U.S.-based papermaker cleared a major regulatory hurdle to a merger with Saudi-based DS. United. Smith PLC (LON:), Bloomberg reported on Wednesday. The Bloomberg report dampens earlier speculation that Suzano was considering…
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Ethereum ETF update: Speaking at Bloomberg Invest, CFTC chair Gary Gensler says application is ‘going smoothly’
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Securities and Exchange Commission Chairman Gary Gensler belied his impatience when answering reporters’ questions about cryptocurrencies, including his agency’s handling of applications to launch Ethereum ETFs. Speaking with journalist Anne-Marie Hordern at a Bloomberg Invest event in New York on Tuesday, Gensler accused his interviewer of chasing “clicks” after she…
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LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports By Reuters
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ZURICH (Reuters) – French billionaire Bernard Arnault, Europe’s richest man and head of the high-end fashion division of champagne group LVMH, has bought a stake in smaller luxury goods rival Richemont, Bloomberg reported on Tuesday. The exact size of the Cartier jewelery owner’s shareholding and Arnault’s intentions are unclear, the…
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Group claiming CDK systems hack demands millions of dollars, Bloomberg News reports By Reuters
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(Reuters) – A group of hackers who claimed responsibility for a cyberattack on CDK software systems demanded a multimillion-dollar ransom to put an end to the hack that affected auto dealers across the United States, Bloomberg News reported on Friday. The group behind the attack is believed to be based…
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OneWater in talks to acquire rival boat dealer MarineMax – Bloomberg (NYSE:HZO)
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xbrchx/iStock via Getty Images One Water Marine (Nasdaq: Onew) is in discussions to buy its larger competitor MarineMax (New York Stock Exchange: Herzo) in an all-cash transaction. OneWater (ONEW) has made a $40 equity offer for MarineMax (HZO) and the combined company will be valued at $2.5 billion, including Debts,…
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Elon Musk Counsels Donald Trump on Crypto Policy to Reach New Voters: Bloomberg
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Elon Musk and Former President Donald Trump Have Cryptocurrency Policy Discussions, as Trump Increasingly Highlights Bitcoin and Other Digital Assets on Campaign, Bloomberg mentioned today. According to sources familiar with the conversations, Trump sees Bitcoin and other cryptocurrencies as a way to attract new voters. JUST IN: Elon Musk and…
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Elon Musk Counsels Donald Trump on Crypto Policy to Reach New Voters: Bloomberg
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Elon Musk and Former President Donald Trump Have Cryptocurrency Policy Discussions, as Trump Increasingly Highlights Bitcoin and Other Digital Assets on Campaign, Bloomberg mentioned today. According to sources familiar with the conversations, Trump sees Bitcoin and other cryptocurrencies as a way to attract new voters. JUST IN: Elon Musk and…
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Elliott builds $1 billion-plus stake in Johnson Controls, Bloomberg reports By Reuters
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(Reuters) – Activist investor Elliott Investment Management has built a position worth more than $1 billion Johnson Controls (NYSE:) International Plc, Bloomberg News reported on Sunday. The Bloomberg report also said that Elliott’s intentions behind the stake in the building solutions provider could not be immediately known. Elliott & Johnson…