Bloomberg Business

SEC Declines to Share View on Leveraged Loan Securities Suit

The Securities and Exchange Commission said it is “not in a position to file” a brief giving its view on whether leveraged loans are securities, sidestepping a request to weigh in on a long-running lawsuit that may have major implications for the $1.4 trillion market for risky debt.

Inflation Proves Blessing in Disguise for Japan Retailers

When Japanese convenience store operator Lawson Inc. unveiled a 10% price hike on its popular chicken nuggets last year, investors weren’t convinced it would go down well. After all, the product had been sold at 200 yen ($1.45) pre-tax for 36 years since it first hit the shelves in 1986.

Bitcoin ETF Hype Threatens Another Sell-the-News Fizzle

The best argument in favor of approving new Bitcoin exchange-traded funds is that they already exist, tracking futures. Sadly for the crypto crowd, that’s also the best argument for why nobody needs a new one.

Trump Trial Date in Documents Case Is Up in the Air for Now

A federal judge in Florida didn’t immediately set a trial date in the classified documents prosecution against Donald Trump, but expressed skepticism about arguments from both the government and the former president’s lawyers.

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