Bloomberg Business

White Juror Tossed at Trial as Judge Cites ‘Racist Behavior’

A US judge took the extraordinary step of removing a juror from a wealthy developer’s tax trial because he could not “in good conscience let this jury deliberate alongside someone who feels that she must stand up for White people.”

Oracle Affirms Sales Outlook of $65 Billion by Fiscal Year 2026

(Bloomberg) — Oracle Corp. expects to generate about $65 billion in annual revenue by fiscal year 2026, an outlook executives first provided a year ago, in a lukewarm message to investors disappointed by the software maker’s most-recent quarterly results.

McCarthy Cancels House Votes as GOP Infighting Risks Shutdown

House Speaker Kevin McCarthy’s attempts to unify Republicans around a plan to avert an Oct. 1 government shutdown foundered on Thursday, leading him to send lawmakers home for an extended weekend as the risk grew of a federal funding lapse.

Banks Tap Hungry CLO Market With $550 Million Fogo de Chão Loan

A group of banks led by Deutsche Bank AG sold a $550 million leveraged loan Thursday to support Bain Capital Private Equity’s acquisition of Brazilian restaurant chain Fogo de Chão, according to a person familiar with the matter, a sign that the public markets are making a comeback.

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