Category: PMN Business

Feb 15

Junk Bond Guru Sees Rising Distress Ahead as Banks Tighten Lending

Breadcrumb Trail Links PMN Business The strong US economy has left distressed debt investors starved of opportunity but that may be about to change, according to veteran high-yield analyst Marty Fridson. Author of the article: Bloomberg News James Crombie Published Feb 15, 2025  •  5 minute read c]4nr8j}hse{2spj{704twro_media_dl_1.png Federal Reserve, BAML, Bloomberg Article content (Bloomberg) […]
Feb 15

NAACP lists companies that dump DEI in its tactical spending guide for Black Americans

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Matt Brown Published Feb 15, 2025  •  Last updated 3 hours ago  •  3 minute read Article content WASHINGTON (AP) — The NAACP wants Black Americans to steer their buying power toward companies that haven’t pulled back from diversity, equity and inclusion programs […]
Feb 15

Trump tours Boeing plane to highlight aircraft maker’s delay in delivering a new Air Force One

Article content WEST PALM BEACH, Fla. (AP) — President Donald Trump toured a Boeing airplane to check out new hardware and technology features and highlight the aircraft maker’s delay in delivering updated versions of the Air Force One presidential aircraft, the White House said Saturday. Article content Trump visited the 13-year-old private aircraft parked at […]
Feb 14

Dismissed Nuclear Bomb Specialists Recalled by Energy Department

Breadcrumb Trail Links PMN Business The Energy Department is seeking to bring back nuclear energy specialists after abruptly telling hundreds of workers that their jobs were eliminated, according to two people familiar with the matter. Author of the article: Bloomberg News Ari Natter Published Feb 14, 2025  •  4 minute read Department of Energy headquarters […]
Feb 14

Trump creates council for ‘energy dominance,’ boosts natural gas exports and offshore drilling

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Matthew Daly Published Feb 14, 2025  •  Last updated 15 minutes ago  •  4 minute read Article content WASHINGTON (AP) — President Donald Trump on Friday signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly […]
Feb 12

Cisco Gains After AI-Fueled Networking Spending Lifts Forecast

Breadcrumb Trail Links PMN Business Cisco Systems Inc. gained in late trading after giving an upbeat sales forecast for the current quarter, helped by companies spending more on computing infrastructure to take advantage of AI technology. Author of the article: Bloomberg News Ian King Published Feb 12, 2025  •  3 minute read 4atvehqc[x(ncfn4jnhcs8ss_media_dl_1.png Company reports, […]