PG&E lines up $5.5 billion to fund two-year bankruptcy process

PG&E Corp. expects its looming bankruptcy to.....»»

Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline on Jan. 9, reportedly making a $5 billion bid. Sears, a 126-year-old retailer, filed for bankruptcy protection on Oct......»»

BofA Securities analyst Andrew Didora raises Delta Air Lines Inc (NYSE:DAL) price target to $55, citing robust first-quarter 2024 performance with an 8% year-over-year revenue growth to $13.748 billion and adjusted EPS of $0.45, surpassing consensu.....»»

The biggest machine on Earth delivers more than $400 billion of electricity a year across nearly 7 million miles (11 million kilometers) of transmission and distribution lines. It’s the U.S. power grid......»»

Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amsterdam stock exchange via SPAC this year. Reuters/Issei .....»»

Ensign Peak Advisors' bet on Elon Musk's electric-vehicle company surged in value from $1 million to $330 mi.....»»

In its year-end 2020 Omnibus and COVID-19 relief bill (“Consolidated Appropriations Act, 2021”), Congress reauthorized the Small Business Administration (SBA) Paycheck Protection Program (PPP), adding $284.5 billion in fund.....»»

Bezos’ goal is to spend down the Earth Fund by 2030, or by about $1 billion a year, in an effort to fight climate change and preserve the natural world......»»

The fund started the year with $12.5 billion, and ended the month with more than $8 billion in assets under management. Melvin Capital founder Gabe Plotkin Alex Flynn/Getty Images/Bloomberg Melvin Capital lo.....»»

Ray Dalio's Bridgewater Associates had a shocking 2020, losing $12.1 billion for investors even as other firms boomed in the "year of the hedge fund". The 'king of hedge funds' Ray Dalio had .....»»

The biggest machine on Earth delivers more than $400 billion of electricity a year across nearly 7 million miles (11 million kilometers) of transmission and distribution lines. It’s the U.S. power grid, an interconnected system of generating pl.....»»

COVID-19 took a heavy toll on the U.S. economy in 2020, causing millions of job losses and forcing many businesses to close. It also affected lots of retirement plans in the process. Q3 2020 hedge fund letters, conferences and mor.....»»

Stock markets may have a tough time extending their gains before the end of 2020 as investors take their chips off the table......»»

The long-sought $900 billion relief package was part of a $2.3 trillion catchall package that included $1.4 trillion to fund the government through the end of the fiscal year on Sept. 30......»»

City CFO Dennis Rogero said the funds are being used to fund a complete overhaul of Tampa's water system, a 20-year project that will cost about $3 billion......»»

There were about 36,000 weddings in the commonwealth last year, which generated about $1.4 billion in spending. Postponements and cancellations are stressing Massachusetts wedding vendors’ bottom lines, and in some cases, threatening their existence......»»

Revell, the 77-year-old plastic model kit maker that was acquired out of bankruptcy two years ago by an German investment fund, has seen a sales resurgence as stuck-at-home families turn to the old school hobby during the coronavi.....»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen......»»