Business Insights: Mar 29 - United States (5 stories)
Sunday, 29 Mar 2026 Weekly Business & Finance United States
Here is your Weekly summary for Business & Finance across United States for Mon 23rd March - Sun 29th March 2026
In a significant move, banks led by JPMorgan Chase sold nearly $15 billion in risky debt to finance a record leveraged buyout of Electronic Arts, attracting an impressive $45 billion in demand. This sale underscores the growing appetite for high-risk investments amid a volatile market.
Meanwhile, stock markets experienced a reprieve as President Trump extended the deadline for Iran to negotiate, easing fears of immediate conflict. However, the ongoing war in the Middle East continues to disrupt industries, with the region's largest aluminum producer reporting substantial damage from an Iranian attack, further straining global supply chains.
Wall Street is feeling the pressure as the conflict escalates, leading to significant portfolio losses. In the venture capital space, Joshua Kushner's Thrive Holdings is reportedly in talks to raise at least $2 billion, indicating continued investor interest despite broader market uncertainties.
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EA Debt Sale Racks Up $45B Demand for Record Leveraged Buyout
Bloomberg Technology 27 Mar 2026, 7:23pmBloomberg's Aaron Weinman, joins Scarlet Fu on "Bloomberg Real Yield." Banks led by JPMorgan Chase & Co. sold almost $15 billion of risky debt on Tuesday to help fund the record leveraged buyout of video game-maker Electronic Arts Inc., after drawing $45 billion of orders. (Source: Bloomberg)
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Stock Selloff Eases as Trump Gives Iran More Time | Daybreak Europe 3/27/2026
Bloomberg Technology 27 Mar 2026, 8:06amOn today's show, the biggest monthly selloff in stocks since 2022 eased after the US President extended the deadline, for a second time, for Iran to strike a deal. Donald Trump says Tehran has an extra 10 days before the US attacks its energy sites. This as the Wall Street Journal reports that the Pentagon is considering deploying as many as 10,000 extra troops to the Middle East. Fed officials are voicing growing concerns about the impact of the war on the US economy. They include Fed Governor Lisa Cook who says the spike in oil prices has shifted the balance of risks, with inflation now a bigger concern than employment. Plus Pernod Ricard and Brown-Forman, the owner of Jack Daniel's whiskey, have confirmed they're in merger talks. The alcoholic drink companies have been looking at ways to consolidate amid an industry downturn. (Source: Bloomberg)
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Wall Street Reels as Iran War Shatters Its Portfolio Defenses
Bloomberg Technology 27 Mar 2026, 10:08pmMarket declines sparked by the Iran war are morphing into a full-blown rout across Wall Street. Efforts to broker an end to the fighting and restart the flow of Middle East oil produced only further escalation, which in turn fueled an ever-greater sense of dread in markets. The Nasdaq 100 fell 1.9% on Friday alone and sank into correction; the S&P 500 slipped for a fifth week, capping its longest losing streak since 2022; bonds fell, pushing the benchmark 30-year yield towards 5%; and Bitcoin is at about half its pre-war peak. The bond selloff has been driven not only by rising inflation expectations but also by a repricing of what central banks intend to do next, a shift playing out from Washington to Frankfurt to Tokyo. Kathy Jones, Chief Fixed Income Strategist at Schwab Center for Financial Research, joins Bloomberg Businessweek Daily to discuss. She speaks with Tim Stenovec and Isabelle Lee. (Source: Bloomberg)
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Kushner’s Thrive Holdings in Talks to Raise at Least $2 Billion
Bloomberg Technology 26 Mar 2026, 11:34pmThrive Holdings, an offshoot of Joshua Kushner’s venture capital firm Thrive Capital, is in discussions to raise at least $2 billion, according to people familiar with the talks.
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Middle East’s Top Aluminum Maker Says Main Smelter Damaged
Bloomberg Technology 28 Mar 2026, 2:08pmThe largest Middle East aluminum producer sustained “significant damage” during an Iranian missile and drone attack on Saturday, highlighting the challenge to the global economy as the ongoing Middle East war disrupts vital industries.