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SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake

SoftBank Credit Risk Rises As Firm Mulls $20 Billion Bond Sale For OpenAI Stake SoftBank Group's 8.5% notes due 2036 fell as much as 2.5 cents to about 98 cents on the dollar after Bloomberg reported that Masayoshi Son's conglomerate is considering a $10 billion to $20 billion bond offering, prompting traders to price in additional leverage and supply risk as the investment firm plans to refinance the massive bridge loan backing its OpenAI investment. Sources familiar with SoftBank's plans said the potential bond offering could be denominated in dollars and...
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Aug 19, 2026 /
Trump Says He Will Meet Kim Jong Un Before End of Year
President Donald Trump says he plans to meet with North Korean Supreme Leader Kim Jung Un soon.  When asked by a reporter if he planned to meet with Kim before the end of the year on Wednesday, Trump replied, “Yes, I will be.” The President added that he has a good relationship with the North […]
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Aug 14, 2026 / Tyler Durden
Kennedy Center Votes To Put Trump's Name On Building, Close For Renovations
Kennedy Center Votes To Put Trump's Name On Building, Close For Renovations Authored by Jackson Richman via The Epoch Times, The John F. Kennedy Center’s board voted on Aug. 13 to close the venue for renovations and place President Donald Trump’s name on the building. “In its meeting today, the board voted to change the front of the ​building’s facade to read ‘The John F. Kennedy Center for the Performing Arts Restored and Renovated ⁠By President Donald J. Trump,‘ and renamed the physical site ’the President Donald J. Trump Plaza,’” said Democratic...
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May 5, 2026 / Tyler Durden
US Intelligence Only Sees Limited Additional Damage To Iran Nuclear Program Since Last June
US Intelligence Only Sees Limited Additional Damage To Iran Nuclear Program Since Last June A widely circulating fresh report in Reuters has raised eyebrows and serious questions related to the effectiveness of the 38-day aerial campaign which saw US-Israel bombs unleashed in the many thousands (combined: some 20,000+ munitions expended) on the Islamic Republic. "US intelligence assessments indicate that the time Iran would need to build a nuclear weapon has not changed since last summer, when analysts estimated that a US-Israeli attack had pushed back the timeline to up to a...
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