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Bloomberg

Redistricting Wars In Focus As Midterms Loom

Representative Suzan DelBene, said Republicans won't get what they expected from redistricting because of voter anger with President Trump and Republicans in Congress. House Democrats may have lost the mid-decade redistricting battle. They still have the edge in the campaign for control of the chamber at the midpoint of President Donald Trump's second term. The US Supreme Court sharply limiting race-based redistricting and the Virginia Supreme Court voiding a Democratic gerrymander have made that task harder, but Democrats have history and political winds on their side. They control 215 House seats, three short of a majority, and the out-of-power party has gained House seats in 18 of 20 midterm elections since the end of World War II.

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Bloomberg

Companies are 'Testing & Trying' with AI Costs: Trujillo

David Trujillo, partner at PTG, joins Dani Burger on "Bloomberg Deals." OpenAI this week unveiled a new consulting and services business, aimed at driving higher adoption rates of its technology across companies. The new joint-venture is backed by billions of private equity dollars, and led by PE powerhouse TPG.

Read more: Companies are 'Testing & Trying' with AI Costs: Trujillo
Bloomberg

Insurers Boosting Private Credit Holdings: Study

Bloomberg's Emily Graffeo joins Dani Burger on "Bloomberg Deals." Life insurance companies owned by private equity firms have quietly reshaped their portfolios, piling into higher-yielding alternative credit in a shift that's entangled the industry with the broader financial system, according to researchers at the Federal Reserve Bank of Chicago.

Read more: Insurers Boosting Private Credit Holdings: Study