Trading Ideas

(Bloomberg) — Sony Corp. is in talks to acquire a stake in the Indian television network controlled by billionaire Mukesh Ambani, as the Japanese giant seeks to tap booming demand for content in the South Asian nation, according to people familiar with the matter.The Tokyo-based company is currently conducting due diligence on Ambani’s Network18 Media & Investments Ltd. before any possible offer, the people said, asking not to be named as the information is not public. Sony is considering several potential deal structures, including a bid for the company or a merger of its own Indian business with Network18’s entertainment …read more […]

More than 1,350 Australian women won a seven-year-old class action lawsuit on Thursday against Johnson & Johnson (J&J) for misleading patients and surgeons about the risks of the pharmaceutical giant’s pelvic mesh implants. The suit is one of many J&J has faced in the United States, Canada and Europe over the implants, used to treat urinary incontinence and pelvic organ prolapse, in which organs shift from normal positions. J&J in October agreed to pay nearly $117 million to resolve claims in 41 U.S. states and the District of Columbia. …read more […]

Sen. Elizabeth Warren defended her proposed wealth tax during the Democratic presidential debate. …read more […]

Q3 2019 Chesapeake Energy Corp Earnings Call …read more […]

Apple Inc has canceled the world premiere of movie “The Banker,” one of its first original films, as it investigates unspecified concerns surrounding the period drama, the company said on Wednesday. “The Banker” was supposed to debut on Thursday in Hollywood at the American Film Institute’s AFI Fest. “We purchased ‘The Banker’ earlier this year as we were moved by the film’s entertaining and educational story about social change and financial literacy,” Apple said in a statement. …read more […]

Ten Mexican citizens have sued Walmart over the shooting at a store in the U.S. border town of El Paso, Texas, that killed eight Mexicans and left eight more injured, saying that Walmart did not do enough to protect its customers, Mexico said on Wednesday. The suspected gunman told police he was targeting “Mexicans” in the August shooting, which killed 22 people in total. …read more […]

Natural gas inventories are remarkably low just ahead of winter season, and despite some large storage injections at the end of summer, declining drilling and rising export volumes make for a tight market …read more […]

(Bloomberg) — Ivanka Trump is expected to raise $2 million for her father’s re-election during a fundraising lunch Thursday in Houston, in a rare appearance on the campaign trail for the first daughter and White House senior adviser.The approximately 80 expected attendees at the event, hosted at a wine storage facility and event space known as Balthazar Cellars, are largely first-time donors to President Donald Trump’s campaign, according to a person familiar with the fundraising effort who requested anonymity to share details.The large haul underscored Ivanka’s unique appeal to GOP donors, and the fundraising gap between the president’s re-election campaign …read more […]

With global stock markets descending into chaos, one asset class continues its steady climb, and investors can’t get enough …read more […]

China’s Alibaba will pay its investment banking syndicate up to $32.3 million for leading its Hong Kong listing which will raise up to $12.9 billion, according to documents filed with U.S. securities regulators. The e-commerce giant employed two co-sponsors, China International Capital Corp (CICC) and Credit Suisse, to head the deal which has been carried out over the past week. The two lead banks were joined by Citigroup Inc, JP Morgan and Morgan Stanley as joint global co-ordinators while HSBC and Industrial and Commercial Bank of China (ICBC) were appointed as junior book runners. …read more […]

Alphabet Inc’s Google will stop giving advertisers the ability to target election ads using data such as public voter records and general political affiliations, the company said in a blog post on Wednesday. The move comes at a time when social media platforms are under pressure over their handling of political advertising ahead of the U.S. presidential election in 2020. Social media giant Facebook Inc has been criticized by lawmakers and regulators over its decision to not fact-check ads run by politicians on its platform, while Twitter has decided to ban political ads. …read more […]

Nov.20 — Amazon.com Inc. is preparing to open supermarkets and pop-up stores without cashiers. It’s an expansion of the technology used in Amazon Go convenience stores. Bloomberg’s Matt Day reports from Seattle on “Bloomberg Technology.” …read more […]

The move comes at a time when social media platforms are under pressure over their handling of political advertising ahead of the U.S. presidential election in 2020. Social media giant Facebook Inc has been criticized by lawmakers and regulators over its decision to not fact-check ads run by politicians on its platform, while Twitter has decided to ban political ads. Google said on Wednesday it would start limiting audience targeting for election ads to age, gender and general location at a postal code level. …read more […]

High-stake online travel agency competition used to merely revolve around how many tens of thousands of hotels, or homes and apartments each company added to its ranks during the previous quarter, and those milestones are still very much in play. But lately a new and somewhat more esoteric flashpoint has emerged, namely the connected trip. […] …read more […]

The world’s population is getting older, rapidly. According to the United Nations, the fastest-growing age group across the world is adults aged 65 and older, with it predicting one out of every six people will be 65 or older by 2050. This means that the age group will make up 16% of the world’s total population, 9% higher than it was in 2011, with this figure expected to be larger in North Africa and Europe.To this end, investors are looking for ways to capitalize on the growing opportunity within the healthcare space. In order to pinpoint the most compelling opportunities …read more […]