Bloomberg News and Videos — Page 918

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.

The Federal Reserve leaves interest rates unchanged, but still expects one cut in 2026. The vote was 11-1 to hold the benchmark in a range of 3.5% to 3.75%. Bloomberg's Michael McKee has the decision.

Lincoln International CEO Rob Brown joins Dani Burger on "Bloomberg Deals." Chicago investment bank Lincoln International does valuations for about a third of all US private credit loans. Brown says the underlying data on private credit does not match the recent wave of negative headlines about the sector.

Bob Michele, JPMorgan Asset Management's global head of fixed income, reacts to the decision by the Federal Reserve's policy-setting Federal Open Market Committee to leave interest rates unchanged.