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SoftBank is looking to issue the equivalent of more than $11 billion in what would be one of the biggest junk bond deals ever, according to people familiar with the matter. This comes as the company ramps up its investments in ChatGPT creator OpenAI. Neil Campling reports on Bloomberg Television.
Ethan Allen Interiors (NYSE:ETD) announced that its Board of Directors has started a formal CEO succession process and expects to name its next chief executive by June 30, 2027.
Vertical Aerospace (NYSE:EVTL) appointed Fabrice Brégier as Chair of its Board of Directors, effective September 21, 2026, as the company advances development of its electric vertical take-off and landing (eVTOL) aircraft.
Ennis (NYSE:EBF) reported revenue of $102 million for the quarter ended August 31, 2026, an increase of $3.3 million, or 3.3%, compared with the same period last year.
Cue Biopharma (NASDAQ:CUE) shares gained after the company reported positive results from a mid-stage study evaluating CUE-221 as a treatment for hives.
Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) shares gained after reports that Paramount Skydance was advancing settlement discussions with California’s attorney general over the proposed merger.
Accenture (NYSE:ACN) shares rose after the company announced a partnership with AI lab Anthropic to support artificial intelligence model evaluation and testing.
Germany's regional economies will continue to weaken as the far-right Alternative for Germany (AfD) gets stronger, says Marcel Fratzscher, president of DIW Berlin. "People are leaving," Fratzscher tells Bloomberg Television. "And not just people with a migrant background, but Germans and German companies."
Novo Nordisk shares plunged in early trading as the company pledged to launch more than five blockbuster drugs and deliver more than $23 billion in new sales in coming years. The plans disappointed investors hoping for more concrete turnaround plans from Chief Executive Officer Mike Doustdar after the Danish drugmaker lost its lead in the booming obesity market to Eli Lilly. Bloomberg's Sanne Wass reports.
Novo Nordisk (NYSE:NVO) shares declined after the company presented its strategic ambitions for 2030 ahead of its Capital Markets Day, including long-term pipeline and obesity market targets.
nVent Electric (NYSE:NVT) declared a regular quarterly cash dividend of $0.21 per ordinary share, payable on November 6, 2026, to shareholders of record as of October 23, 2026.
The heads of QIA, Apollo, and Goldman Sachs say global capital demand is 'overwhelming' as money pours into defense, energy and AI. They were speaking at the Qatar Economic Forum in New York.
