Category: PMN Business

Mar 3

Trump Tears Into Zelenskiy for Saying the End of War Is Far Away

Breadcrumb Trail Links PMN Business President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again Monday, saying “this guy doesn’t want there to be peace.” Author of the article: Bloomberg News Aliaksandr Kudrytski Published Mar 03, 2025  •  5 minute read Article content (Bloomberg) — President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again […]
Mar 3

Zero-Day Options Hits Trading Record on Trump Turmoil, Robinhood Push

Article content (Bloomberg) — One of Wall Street’s most-popular option trades just got more popular than ever, fueled by Donald Trump’s volatility-inducing policy agenda and a push by Robinhood Markets Inc. to expand its product offerings.  Article content Contracts that expire within 24 hours made up a record 56% of the S&P 500’s total options […]
Mar 2

Bessent Says He Sees Inflation Reaching Fed’s 2% Target Quickly

Article content (Bloomberg) — Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation. Article content Bessent defended Trump’s economic plans on CBS News’ Face the Nation, saying the president […]
Mar 2

Allegro Is Said to Draw Takeover Interest from ON Semiconductor

Article content (Bloomberg) — Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter. Article content Phoenix-based ON Semi has been working with advisers in recent months to pursue Allegro, the people said, asking not to be identified because the matter is private.  It’s possible […]
Mar 1

Guyana’s president denounces Venezuelan incursion in offshore oil field operated by ExxonMobil

Article content GEORGETOWN, Guyana (AP) — Guyana’s president Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters that are home to a mammoth offshore oil deposit being developed by ExxonMobil. Article content President Irfaan Ali, in a televised address, said Guyana was hurriedly notifying all of its international allies, including the […]