Bloomberg Daybreak

Apollo Global Management is scoping out a bigger role in financing debt-laden governments and state-backed companies as they increasingly turn to private capital to plug budget gaps.

Virginia Lieutenant Governor Ghazala Hashmi voiced opposition to NextEra’s proposed $67 billion takeover of utility Dominion Energy Inc., adding an outright objection to the calls for more scrutiny of the deal as it awaits state regulatory approval.

JetBlue Airways Corp. won approval from the US Federal Aviation Administration to take over Spirit Airlines’ takeoff and landing slots at New York’s LaGuardia Airport.

FTSE Russell maintained Turkey’s status as an advanced emerging market, a reprieve for the country after a fund crisis last month that sent stock prices plunging.

Matheus Piovesana conta sobre o crescimento da fortuna do bilionário André Esteves. Com produção de Mariana Lumy e edição de Raphael Almeida. (Source: Bloomberg)

FTSE Russell has reaffirmed the emerging-market status of Indonesian equities amid measures taken by local authorities to improve transparency.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Carol Massar and Jess Menton. (Source: Bloomberg)

Traders extended their short bets against US government bonds, signaling the selloff that has taken long-term yields to near a 24-year high has room to continue.

The billionaire Brenninkmeijer family’s holding company has named a sixth-generation member as its new chairman, accelerating the succession plans for one of Europe’s richest business dynasties.

Look at the US-China spread.

Treasury Secretary Scott Bessent should resist calls to ax the 20-year bond, as doing so could send borrowing costs higher, according to BNP Paribas SA.

Texas Governor Greg Abbott is planning to skip a political rally in San Antonio headlined by President Donald Trump, declining a chance to appear with the country’s highest-profile Republican as his reelection bid faces a surprisingly strong challenge from Democrat Gina Hinojosa.

The head of Mark Walter’s insurance companies told authorities he was unaware that the firms had loaned more than $20 billion to the sports mogul’s other businesses, according to people with knowledge of the matter.

Investors wary of owning technology megacaps can tap equity derivatives both to benefit from the record rally and protect against the fallout from a potential bubble, according to strategists at Bank of America Corp.

The deeply distressed tail of the leveraged loan universe has grown to levels not seen since the beginning of the pandemic, with technology the single biggest sector under pressure.

Shares of New Zealand firm Hallenstein Glasson Holdings are climbing, thanks in part to mall-loving teens who are helping the fast-fashion company defy consumer gloom at home and in Australia.

Maritime traffic through the Strait of Magellan jumped more than 70% both in August and September from year-ago levels as ships diverted from the drought-stricken Panama Canal, Chilean Navy data requested by Bloomberg show.

Florida’s public schools are borrowing to pay their bills at the highest level on record, as enrollment declines and competition from school choice programs put pressure on budgets.

A surprising first round in Brazil’s presidential election is raising the prospect of a recalibration in trade policy, with a possible Flávio Bolsonaro government likely to deepen ties with Washington while preserving much of the country’s push to diversify markets.

Paramount Skydance Corp. closed its acquisition of Warner Bros. Discovery Inc., combining two of the five largest Hollywood film studios and uniting major franchises such as Harry Potter and Mission Impossible. The new company, called Skydance, will be home to dozens of TV networks and two major subscription streaming services, Paramount+ and HBO Max, and will be led by David Ellison and Ynon Kreiz as co-chief executive officers. Bloomberg's Hannah Miller joins to discuss. (Source: Bloomberg)