Bloomberg Business

Musk Explains Why He’s Axing Twitter Name, Iconic Bird Logo

Elon Musk on Monday explained his decision to strip Twitter of its famous blue-bird logo as a move to remake the business into a broad platform for communications and financial transactions, a target he’s described as the everything app.

ECB Eyes Capital Charges for More Banks on Leveraged Finance

(Bloomberg) — The European Central Bank is escalating its crackdown on leveraged finance by preparing to impose higher capital requirements on more lenders after doing so to Deutsche Bank AG and BNP Paribas SA this year, according to people familiar with the matter.

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