‘I currently give him $1,000 a month’: My grandson has severe mental illness. How do I protect him after I’m gone?
“I’m desperately trying to plan ahead while I’m still able.”
“I’m desperately trying to plan ahead while I’m still able.”
Germany’s historic pension overhaul could increase annual inflows into the system’s three pillars by €90 billion ($105 billion) annually, according to Apollo Global Management Inc. European Economic & Policy Strategist Huw van Steenis.
Fidelity is opening a new 735,000-square-foot headquarters in Boston, complete with harbor views, a private bar and an in-office concierge. The move comes as the investment giant ends hybrid work for its Boston employees, requiring them to come into the office five days a week. Greg Ryan reports. (Source: Bloomberg)
The German car giant’s supervisory board unanimously approved a plan which envisaged slashing about 50,000 positions.
New recommendations include making an options bet that the stocks of GE HealthCare and Medtronic will fall, because there were too many bets already made that the stock would rise.
Bloomberg Intelligence’s Wayne Sanders on the booming industry of directed energy weapon systems.
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Beata Manthey, European equity strategy head at Citi, says economic data, earnings revisions and government policy paint a positive picture for European firms. “We argue that actually policymakers are making good steps toward really protecting [the] European economy going forward,” Manthey tells Bloomberg Television. (Source: Bloomberg)
Ferrexpo Plc, an iron ore miner in Ukraine working to stave off insolvency, raised about $100 million from investors through a long-awaited fundraising program that it had called essential for its continued survival.
Feuds among India’s corporate elite are not new, but when so many billionaires are involved, it’s time to pay attention, Bloomberg Opinion columnist Andy Mukherjee explains. (Source: Bloomberg)