SoftBank To Sell $11 Billion In Junk Bonds At Soaring Yields To Fund OpenAI Investments

Socialist NYC Mayor Mamdani Inadvertently Hands ICE A Target Map To Catch Illegals Far-left New York City Mayor Zohran Mamdani, who has repeatedly denounced capitalism while promoting a socialist reconstruction of the metro area, sparked uproar this week after releasing a map highlighting 30 migrant enclaves while omitting historic Italian, Irish, and Jewish communities. The map includes areas such as Little Palestine, Little Pakistan, Little Yemen and Little Guyana, but leaves out Little Italy, Irish enclaves including Woodlawn and Sunnyside, and Brooklyn's heavily Orthodox Jewish Borough Park.  Mamdani's decision to leave...

China's Unitree Robotics IPO 5,526 Times Oversubscribed By Retail Investors Unitree Robotics' initial public offering was heavily oversubscribed (5,526 times) by retail investors as China's first publicly traded humanoid robotics company prepares to enter the public markets. The IPO will help usher in physical AI to the equity market. The Hangzhou-based humanoid robot maker raised about 6.1 billion yuan, or $904 million, after selling 40.4 million shares at 150.8 yuan each, according to Bloomberg. The offering values Unitree at roughly 61 billion yuan, or $9 billion, ahead of its expected STAR Market debut...