Fortress Investment Group is seeking to raise about $1 billion for its latest fund in litigation finance, a sector in which it’s becoming a powerhouse, according to people familiar with the matter.

It’s another sign, if one were needed, of the perilous state of the short-selling industry right now: At an event featuring some of the most famous names in the game, there was hardly a bearish view among them.

O SoftBank Group negocia para investir até US$ 25 bilhões na OpenAI, um movimento que poderia torná-lo o maior patrocinador da startup de inteligência artificial.

Private markets are set for a “golden age” even as investors adapt to a world of higher interest rates thanks to the vast pools of capital controlled by rich families that are set to pour into illiquid assets,

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and the global Brent benchmark, highlighting how unprecedented sanctions on Russian exports are shaking up flows.

The VandenBergs are not alone. They are among about 175,000 drivers — likely many more — caught up in what a scathing report from a task force commissioned by the Federal Motor Carrier Safety Administration calls an onerous practice that deserves to end. What’s clear is that freight carriers shouldn’t be allowed to exploit drivers.

Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment.

Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics and entertainment.

Wise Plc, the London-based cross-border payments firm, launched its services in Mexico as it seeks to capture a slice of the country’s vast remittance market.

A coalition of leading African civil society groups called on the World Bank to exit its investments in for-profit hospitals, following a Bloomberg News investigation that found some facilities backed by the fund detained patients for unpaid bills and denied others emergency care until they demonstrated an ability to pay.

James Stavridis is a Bloomberg Opinion columnist, a retired US Navy admiral, former supreme allied commander of NATO, and vice chairman of global affairs at the Carlyle Group. The controversial dismissal of the US Coast Guard commandant,

Building a coalition to restore normal politics and good government should take precedence over a scorched earth effort aimed at defeating political enemies.