logo
#

Latest news with #Bankers

Chip Designer Ambarella Explores Potential Sale
Chip Designer Ambarella Explores Potential Sale

Bloomberg

time24-06-2025

  • Business
  • Bloomberg

Chip Designer Ambarella Explores Potential Sale

By and Dinesh Nair Updated on Save Chip design company Ambarella Inc. is considering options including a potential sale, according to people familiar with the matter. Ambarella, which is working with bankers, has reached out to potential buyers, said the people, who asked not to be identified discussing private information. The company, whose stock rose as much as 20% on the news, has a market value of about $2.6 billion.

Trump drafts America's business titans to burnish his image at home and abroad
Trump drafts America's business titans to burnish his image at home and abroad

Washington Post

time21-05-2025

  • Business
  • Washington Post

Trump drafts America's business titans to burnish his image at home and abroad

WASHINGTON — President Donald Trump isn't the only one who wrapped up a Middle East tour in recent days. A private jet carrying Nvidia's CEO trailed Air Force One across the region. Oil executives and bankers followed, too, as American executives dropped everything — canceling longstanding obligations and zooming into board meetings back home — to cozy up to Trump and bolster the image he tried to sell on his first major foreign trip.

Tax-Exemption on Muni Bonds ‘Untouched' in House Tax-Cut Plan
Tax-Exemption on Muni Bonds ‘Untouched' in House Tax-Cut Plan

Bloomberg

time12-05-2025

  • Business
  • Bloomberg

Tax-Exemption on Muni Bonds ‘Untouched' in House Tax-Cut Plan

Public finance lobbyists and bankers breathed a sigh of relief as the key federal subsidy underpinning municipal bonds appeared unscathed in a bill House tax writers released Monday. The tax package released by the House Ways and Means Committee doesn't include material changes to tax-exempt municipal bond financing. Most muni bonds pay interest that's exempt from federal tax. Bankers and borrowers have warned for months that the tax break was at risk as lawmakers look for ways to raise revenue to offset the cost of extending President Donald Trump's 2017 tax cuts.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store