Saturday , 7 February 2026

Recent Posts

HNA Group seeks more arrangers for delayed property IPO

Bloomberg HNA Commercial REIT is seeking to add arrangers to its planned Singapore initial public offering as Bank of America Corp. walks away from the deal, people with knowledge of the matter said. The property trust, backed by embattled Chinese conglomerate HNA Group Co., has been reaching out to investment banks to gauge their interest in taking a senior role …

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Toshiba to give Western Digital sale notice as fight is on

Bloomberg Western Digital Corp. said it will move forward with arbitration to get a say over Toshiba Corp.’s sale of its chip unit after the Japanese company agreed to provide notice before closing. The companies announced they’d reached an agreement providing for two weeks’ advance notice. The two manufacturers, which are in a joint venture to produce memory chips, submitted …

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The slovenly institution that is US Congress

In January 1988, in Ronald Reagan’s final State of the Union address, he noisily dropped on a table next to the podium in the House chamber three recent continuing resolutions, each more than a thousand pages long. Each was evidence of Congress’ disregard of the 1974 Budget Act. Reagan fumed: “…budget deadlines delayed or missed completely, monstrous continuing resolutions that …

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