Tags: Business
Defaulted Venezuelan Bonds Have Climbed More Than 100% This Year As Traders Bet On Regime Change
Traders are increasingly buying defaulted Venezuelan bonds betting that regime change in the country will lead to a new investor-friendly government that will cut a deal to begin paying back the country's debt.
Dairy Queen Rival Bankruptcy Shocks Customers: Closing Fears Hit Low-Income Areas With Packed Locations
Dairy Queen rival's franchisee files for bankruptcy, fuelling fears of store closures in low-income communities where packed locations offer affordable jobs and treats.
SoftBank Offloads Nvidia Stake for $5.8B, Trims T-Mobile Holdings to Fund $22.5B OpenAI Investment
SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.
Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years
Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.

















