Bonds for Florida High-Speed Rail Pop in Market ‘Starved’ for High-Yield Munis
Municipal bonds issued last week for Florida’s private rail operator, Brightline, climbed in the secondary market as investors clamored for new high-yield securities.
Municipal bonds issued last week for Florida’s private rail operator, Brightline, climbed in the secondary market as investors clamored for new high-yield securities.
While company founders and venture investors have been reaping gains from the listings market’s recent rebound, private equity has hardly benefited.
After receiving a four-month sentence, the ex-CEO will be the richest US inmate ever. That is just one of the reasons his case is nothing like FTX’s.
Arnaud Lagardère, the French business scion who heads a publishing group now controlled by Vivendi SE, was charged with alleged embezzlement and has resigned provisionally as chief executive officer of Lagardère SA.
Shares of cannabis-related companies jumped Tuesday after the US Drug Enforcement Administration moved to reclassify marijuana to a less dangerous drug category in what would be a historic shift for the industry.
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