Bloomberg News and Videos — Page 924

Rogers Communications could sell off almost one-third of a $18 billion Canadian sports empire to pay down debt this year, according to analysts at TD Securities. Scarlet Fu reports on "Bloomberg Deals."

Federal Reserve Chair Jerome Powell says the Fed is in a "difficult situation" and needs to balance current risks during a news conference after the central bank's policy-setting Federal Open Market Committee to leave interest rates unchanged.

Federal Reserve Chair Jerome Powell says inflation has eased, but is still "somewhat elevated relative to our 2% longer run goal."

Activist investor Jana Partners is pushing Six Flags Entertainment Corp. to pursue a sale and appoint a new chair, according to a letter sent to the company's board Tuesday. Randall Williams, Bloomberg reporter, joins Dani Burger on "Bloomberg Deals."

Randy Paine, president of Key Institutional Bank, Amit Garg, senior partner at McKinsey, and Angela Strange, general partner at Andreessen Horowitz, join Dani Burger on "Bloomberg Deals."

Unilever, the maker of Hellmann's mayonnaise, is in the early stages of considering a separation of its food assets as it seeks growth from beauty, personal care and wellbeing brands, people with knowledge of the matter said. Scarlet Fu on "Bloomberg Deals" reports.

Federal Communications Commission Chair Brendan Carr is waging what he calls a crackdown on "fake news," as the Trump administration leans more heavily on regulators to challenge media coverage. Bloomberg's Kelcee Griffis discusses the questions this is raising about the FCC's role and reach with Caroline Hyde on "Bloomberg Tech."

Gradient Ventures has raised $220 million for its fifth seed fund. The firm which spun out from Google, now one of its limited partners, is doubling down on its strategy of backing the next wave of AI founders. Darian Shirazi, Gradient general partner, discusses opportunities, rising startup valuations and AI bubble concerns with Caroline Hyde on "Bloomberg Tech."

Public Storage Corp. agreed to acquire National Storage Affiliates Trust in an all-stock deal worth about $10.5 billion, including debt, expanding the self-storage giant's footprint across the US as the sector consolidates following a pandemic-era boom. National Storage gained as much as 32%. Liana Baker, US deals managing editor, joins Dani Burger on "Bloomberg Deals."

"Personally i believe he will stay on past the midterm elections," Bob Michele, JPMorgan Asset Management's global head of fixed income, says about Federal Reserve Chair Jerome Powell staying at the central bank.