Musk’s Twitter Buyout Gambit Is Getting Costlier by the Day
Twitter Inc., will face an annual interest burden of nearly $1.2B on its debt - a problem that’s only going to get worse as rates continue to rise.
Recent
Bridgewater's Dalio Warns of a 'Perfect Storm' for Economy
Ray Dalio said, "perfect storm" is forming that will spread economic pain as the U.S. Federal Reserve raises interest rates.
Credit Suisse May Face $8 Billion Capital Shortfall in 2024
Credit Suisse Group AG faces a capital shortfall of as much as 8 billion Swiss francs ($8 billion) in 2024, per analysts at Goldman Sachs Group Inc.
Peloton Co-Founder Foley Received Margin Calls from Goldman on His Loans Against PTON Shares - WSJ
John Foley, former CE of Peloton, was reported issued repeated margin calls on loans he borrowed against his Peloton holdings, WSJ reported.
Musk's Banks May Have a Way to Cut Losses From Twitter Deal
Musk's banks, faced with huge losses to finance $44B buyout of Twitter Inc, may not be able to back out of deal but might have way to minimize hit.
Credit Suisse CEO Tries to Shield Employees from the Storm
The Swiss bank is under pressure after numerous scandals have cost it several billion dollars.
Twitter Drifts Away From Musk’s Offer as Financing Concerns Loom
Twitter Inc. shares extend losses for a third session, widening the gap between Musk’s $54.20/share offer. Deal talks said stuck over debt financing.
