Bloomberg News and Videos — Page 624

ITC Holding CEO Krista Tanner says that there is a misconception that data centers increase costs for consumers. Tanner spoke with Bloomberg's Tyler Kendall on the sidelines of the Edison Electric Institute 2026 Conference in Las Vegas.

Kevin Gordon, head of macro research and strategy at the Schwab Center for Financial Research, explains how high-performing stocks aren't always the ones making headlines. He speaks at the Bloomberg Money subscriber-only event on June 2 in New York.

Portland General Electric CEO Maria Pope says an agreement to hike rates on data centers "will have a huge positive impact for all of our customers." Pope spoke with Bloomberg's Tyler Kendall on the sidelines of the Edison Electric Institute 2026 Conference in Las Vegas.

Blackstone limited redemptions from its flagship private credit fund for the first time, after investors sought to pull 10% of the shares. Silas Brown has more on "Bloomberg Open Interest."

TWG Global Managing Partner and Former White House Aide Amos Hochstein says any leverage the United States holds in talks with Iran is gone once US crude inventories are depleted, which could be as soon as the middle of July.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon will pitch the upcoming SpaceX IPO to some of the bank's richest clients. He'll be joined by a pair SpaceX executives, but Dimon is still the star. Bloomberg's Sridhar Natarajan reports on "Bloomberg Open Interest."

Jim Zelter, president at Apollo Global Management, says the "phenomenal and unprecedented" AI capex boom could cause issues for smaller companies looking to tap the public markets and says investment-grade debt sales will outpace net issuance of US Treasuries this year.

European insurers that want to ride the private credit boom need to grasp the risks they face, according to the region's top watchdog for the industry. Speaking to Bloomberg's Francine Lacqua, Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority, said the region has "a multitude" of insurers of varying size, some of which don't yet have the necessary capabilities. Hielkema joined "The Pulse with Francine Lacqua" on Bloomberg TV.

Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC, after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter told Bloomberg. Several stakeholders in the US-based Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League football club, according to the people. Deliberations come as Manchester United's owners face a potential multibillion-pound bill to redevelop the club's famous Old Trafford stadium in the coming years. On the other hand, the club's recent qualification for the lucrative UEFA Champions League comes with fresh earnings potential, providing incentive to remain invested. Bloomberg's Tiwa Adebayo joined "The Pulse with Francine Lacqua" to discuss.

Ares Management Corporation's co-president Blair Jacobson said there's a "real disconnect" between negative headlines about private credit and what the firm is seeing across its portfolio companies. Jacobson said companies worldwide are reporting annual growth of 8% to 12%, and non-accrual rates are lower than the company has seen historically. He joined "The Pulse with Francine Lacqua" on Bloomberg TV. (Corrects spelling of name in headline.)