DeSantis Says Ukraine Joining NATO Isn’t in Best Interest of US
Republican presidential candidate Ron DeSantis said he opposes NATO membership for Ukraine, saying he doesn’t think it’s in the US’s security interest.
Bloomberg Business
Startup Rivos Says Apple Intimidates Workers Who ‘Dare to Leave’
Chip startup Rivos is countersuing Apple Inc., claiming the tech giant forces employees to sign restrictive agreements that prevent them from working elsewhere and stifle up-and-coming companies that hire its staff.
House GOP Mulls Stopgap for 14 to 60 Days to Stave Off Shutdown
Republicans are eyeing a stopgap government funding measure that would range from 14 to 60 days, according to Representative Garret Graves, an ally of House Speaker Kevin McCarthy.
New Jersey’s Menendez Faces Senate Seat Challenge After Charges
US Senator Robert Menendez will be challenged for his seat by Representative Andy Kim, a fellow New Jersey Democrat, after federal prosecutors handed down corruption charges against the longtime lawmaker.
Bond Market Faces Quandary After Fed Signals It’s Almost Done
Bond investors face the crucial decision of just how much risk to take in Treasuries with 10-year yields at the highest in more than a decade and the Federal Reserve signaling it’s almost done raising rates.
US Urges Gulf Unity for Peace in Yemen, Curbing Iran’s Clout
The US urged its Gulf allies to work together on efforts to end a years-long conflict in Yemen that has bolstered Iran’s clout.
Latin American Bank Turns to Asia, Middle East for Capital
Corporacion Andina de Fomento, a Latin American development bank that will lend over $14 billion this year, is seeking to add new members from Europe, the Middle East and Asian countries to finance new projects in the region.
Debt Market Titans See Fiscal Risks and Rising Defaults
Apollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael Arougheti is concerned about the risk of a fiscal accident. Defaults will rise in coming years as riskier debt comes due for refinancing, according to Joshua Easterly of Sixth Street Partners LLC and hedge fund manager Hamza Lemssouguer.
Brazil Readies Tools to Finance Lula’s Green Plan, Haddad Says
Brazil is developing tools to help finance its ecological transformation plan, according to Finance Minister Fernando Haddad, who expects to have them ready by the end of 2023.
UK’s Sunak Working on Plans to Cut Inheritance Tax, Times Says
UK Prime Minister Rishi Sunak plans to reduce the nation’s inheritance tax to drum up support ahead of the next general election, The Times reported Saturday.
