Skip to main content

AustraliaBreaking News

Bloomberg

Hikers Turn to AllTrails App to Navigate Nature

AllTrails CEO Liz Hamren is joined by Bloomberg's Adam Thompson to discuss how to navigate the summer hiking season and break down how to visit the most popular national parks but still beat the crowds. Hamren said that a key feature to figuring out the right hike is looking at the latest community input on trail difficulty and conditions that can make a big difference in the experience.

Read more
Bloomberg

Chuck E. Cheese CEO Highlights Growth in Birthday Party Business

Scott Drake, CEO of Chuck E. Cheese, discussed the company's strategy to connect with customers through family-friendly, clean, and safe entertainment options. He highlighted the success of the $99 birthday party offering, introduced in 2004, which has driven nearly 40% growth in birthday celebrations. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Read more
Bloomberg

Golden Seeds Looks to Close the Gender Gap in Startup Investments

Jo Ann Corkran, CEO of Golden Seeds, said that there's been a lot of change in the investment landscape for women entrepreneurs looking for the first buy-in to their companies as Golden Seeds passes $200 million invested in women-led companies. Corkran said that investors are looking for tech companies that could be easily levered, as well as green technology.

Read more
Bloomberg

Business of Sports: Seahawks for Sale, NBA in Vegas

Bloomberg's Randall Williams joins Dani Burger and Scarlet Fu on "Bloomberg Deals." The first round of bids for the Super Bowl champion Seattle Seahawks set to be the biggest ever sale for an NFL team were due Monday. Also former Disney CEO Bob Iger and Thrive Capital founder Joshua Kushner have hired investment bankers and discussed making a bid for the NBA expansion team in Las Vegas.

Read more
Bloomberg

AOL Owner Bending Spoons Jumps After $1.68 Billion IPO

Bending Spoons SpA shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion.  Shares of the Milan, Italy-based company, which acquires struggling software businesses, opened on Wednesday at $31 each, above the IPO price of $29 per share, before climbing as high as $33.14. The firm and investors including Baillie Gifford sold 57.97 million shares after marketing them for $26 to $28.  Luca Ferrari, CEO, Bending Spoons joined Bailey Lipschultz, Carol Massar and Tim Stenovec from to discuss their first day of trading.

Read more
Bloomberg

Telecom Shakeup: Comcast, Verizon Make Deals

Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Verizon and the UK's BT Group agreed to create a joint venture for their international businesses in a merger that will take the low-margin units off their books and allow the carriers to focus on their home markets. Also, Comcast announced on Monday that it will spin off NBCUniversal and its European media unit, Sky, into a separate, independently traded company. Comcast will hang onto its cable-TV, broadband and wireless businesses.

Read more
Bloomberg

M&A Environment Healthy: Top M&A Firm

Melissa Sawyer, global head of M&A Sullivan & Cromwell, joins Dani Burger on "Bloomberg Deals." Global transaction values were up around 30% year over year to $2.6 trillion in the first half, according to data compiled by Bloomberg. That puts dealmakers on course to potentially set a record. Sullivan & Cromwell is ranked number one by market share and deal value so far in 2026, according to the league table on the Bloomberg terminal.

Read more