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99-to-1 Wasn't Enough: Senate Delays Fast-Track Chinese-Vehicle Ban After Rand Paul Objects
Moreno and Slotkin pushed their unanimous-consent bid to next week to win over the lone holdout — slipping past Trump's meeting with Xi. The bill has 51 Senate supporters; the House version has crossed 100 co-sponsors.
AIG closes €1.125B of 4.250% and 4.750% euro notes
American International Group (NYSE:AIG) closes €625M 4.250% Notes Due 2031 and €500M 4.750% Notes Due 2036 (Form 8-K AccNo 0001104659-26-110438).
USA Compression closes $600M of 6.750% senior notes due 2035
USA Compression Partners (NYSE:USAC) completes previously announced private offering of $600M 6.750% senior notes due 2035 (Form 8-K AccNo 0001193125-26-401095).
EIDP issues $700M of 6% senior notes due 2036 for Corteva split plans
EIDP (Corteva) issues $700M 6% senior notes due 2036 in a private offering tied to the planned Vylor Separation (Form 8-K AccNo 0001193125-26-401156).
MGM Is Discussing a Bid for Its Own Largest Shareholder — One Day After That Shareholder Walked Away
MGM Resorts is discussing an offer for Barry Diller's People Inc, the Wall Street Journal reports — a stunning reversal one day after People withdrew its $18 billion bid for MGM. People's shares rose 9% after hours.
TTM closes $500M of 6.750% senior notes due 2034
TTM Technologies (Nasdaq:TTMI) completes previously announced private offering of $500M 6.750% senior notes due 2034 (Form 8-K AccNo 0001193125-26-401013).
Iridium Shareholders Bless Rocket Lab's $8B Takeover — Now the FCC Decides When It Closes
Iridium shareholders voted 99.6% in favor of Rocket Lab's $8 billion acquisition. The $54-a-share value floats with Rocket Lab's stock through a collar — and the FCC's spectrum-license review is now the pacing item toward a mid-2027 close.
Tesla’s Semi Era Finally Begins — Nine Years Late and 60% Pricier, Into a Record Diesel Market
Tesla inaugurated its dedicated Semi factory in Sparks, Nevada on Thursday, formally starting commercial-scale deliveries of the electric big rig — but disclosed neither delivery volumes nor current pricing.
BP Is Back in the Shale Data Room — But a Data Room Isn't a Deal
Reuters reports BP is weighing a Devon Energy Eagle Ford acquisition and has entered data rooms on a small number of shale assets — its first shale re-entry in 18 months. The ceiling: "weighing," not bidding.
Vistra closes $1.5B of junior subordinated notes due 2057
Vistra Operations (guaranteed by Vistra Corp., NYSE:VST) completes $850M 7.000% Series A and $650M 7.250% Series B junior subordinated notes due 2057 (Form 8-K AccNo 0001140361-26-037577).
Jobless Claims Sink Toward 57-Year Lows as New-Home Sales Hit an 8-Month High
Jobless claims fell to 197,000, near 57-year lows, while August new-home sales hit 684,000 on builder price cuts — but the sales gain isn't statistically significant and mortgages sit at 6.95%.
Oil Whipsaws: Houthi Missiles on Yanbu Send Brent to $106.60, Then Hormuz Talk Hopes Pare the Rally
Six intercepted ballistic missiles targeting Taif and Yanbu revived supply fears Thursday, pushing Brent up 3.4% to $106.60 — but reports of U.S.-Iran talks on a phased Strait of Hormuz reopening capped the surge, and Friday opened softer.
Anthropic Commits $11.6 Billion to Akamai Cloud in Seven-Year Deal, Takes Warrant for 5% Stake
An $11.6 billion compute commitment — expandable to $20 billion — with an unusual customer-equity kicker that sent Akamai shares surging after hours.
Costco Posts a $95.7 Billion Quarter — and the Fine Print Is Better Than the Headline
Comparable sales rose 9.4%, traffic grew 3.3%, and Costco banked tariff refunds it plans to plow into price cuts. At 40 times earnings, the market barely noticed.
Blue Origin raises $10B in first-ever outside round at $140B valuation
The Journal reported Thursday that Jeff Bezos's rocket company has already raised the money — oversubscribed — ending a 26-year era of sole-founder funding as the SpaceX IPO rewrites what private space is worth.
Diller Walks Away From $18 Billion MGM Takeover; Stock Craters 10%
People Inc withdrew its $48.30-a-share bid for MGM Resorts, erasing all gains since June. Diller keeps his 27% stake — and the door ajar — as Fertitta's $17.6B Caesars buyout won approval the same day.
Oracle Cites Force Majeure on Its $18 Billion New Mexico Data Center
Oracle sent a force-majeure notice to Blue Owl's Stack Infrastructure, seeking to delay payments if the 2.45-gigawatt Project Jupiter campus misses its 2028 target. ORCL fell 4.4%.
Everpure Promises Wall Street $7 Billion in Revenue. The Stock Hits a Record.
Everpure guided fiscal 2028 revenue well above consensus at its analyst day; shares closed at a record $121.88, the S&P 500's best performer.
Gen Digital Makes a Preliminary Takeover Approach for GoDaddy; Shares Spike 14.5%, Then Fade
The FT reports the Norton owner approached the web-hosting giant in recent weeks — no terms, no guarantee. GoDaddy spiked 14.5% before settling at +5.2%; Gen Digital sank 12.2% on financing doubts.
Xi Gets the Red Carpet; the Trade Truce Gets Two More Months
After Xi landed Wednesday, Bessent announced on Fox News that the Busan truce would extend to January 10, 2027; Thursday's White House talks confirmed it, deferring the tariff, purchase and rare-earth questions to the next round.
Sun Communities banks $1.03 billion and walks away from Britain
The REIT completed its all-cash sale of the Park Holidays holiday-park business to Aermont Capital on Tuesday — a pure-play North American MH/RV pivot, with $425 million of buybacks already done this year.
Oura's $2.2B IPO Is 73% Existing Shareholders Cashing Out
The smart-ring maker set a $40–$44 range for 50 million shares. Forerunner Ventures is selling its entire stake, and nearly all of Oura's own proceeds go to employee tax bills — but Lilly and Dragoneer want $400 million of the deal.
The 10-Year Just Hit 5.11%, a 19-Year High. Treasury's Answer: a $6 Billion Buyback Today
Wednesday was the worst day for U.S. bonds in nearly 18 months. The Treasury will repurchase up to $6 billion of 20- and 30-year bonds on Thursday — and the market has barely noticed.
Vicor Nearly Doubles Q3 Growth Guidance as AI Chipmakers Pay Up for Power Patents
Vicor raised its fiscal Q3 sequential revenue growth forecast to more than 20% from nearly 10%, driven by royalties from a new patent license deal for its Vertical Power Delivery technology.
Grab CEO Anthony Tan Buys $29.9M of Stock After Atome-Driven Selloff
Tan scooped up 10.35 million shares on the open market September 21; President Alex Hungate added $867,000. The buying landed with Grab shares roughly 17% below early-September levels.