Nobody wants U.S. Treasury bonds. Once a symbol of America’s economic might and accepted as a global coin of the realm, they have fallen badly out of favor, with serious consequences for taxpayers, investors, and financial markets. Elementary economic forces — too much supply and not enough demand — have collided to create the worst stretch for U.S. government bonds since the Civil War. The government keeps borrowing to cover its budget deficits, while once-reliable buyers of that debt, both at home and abroad, have pulled back. The result: Investors are demanding the steepest yields since...…Nobody wants U.S. Treasury bonds. Once a symbol of America’s economic might and accepted as a global coin of the realm, they have fallen badly out of favor, with serious consequences for taxpayers, investors, and financial markets. Elementary economic forces — too much supply and not enough demand — have collided to create the worst stretch for U.S. government bonds since the Civil War. The government keeps borrowing to cover its budget deficits, while once-reliable buyers of that debt, both at home and abroad, have pulled back. The result: Investors are demanding the steepest yields since...WW…

In a decade as a Hollywood power player, Aryeh Bourkoff has invested in one hot startup after another: Epic Games, The Athletic, Oatly, Cal Ripken’s baseball camps, Rihanna’s lingerie line, podcaster Gimlet, soccer streaming site FuboTV.In March, his fund, LionTree Partners, made a small but curious investment: millions of dollars into the IPO of Abu Dhabi’s state-owned gas producer. The deal came at the request of Bourkoff’s largest investor, the powerful brother of Abu Dhabi’s ruler, according to people familiar with the investment, which hasn’t been made public. A top Bourkoff deputy...…In a decade as a Hollywood power player, Aryeh Bourkoff has invested in one hot startup after another: Epic Games, The Athletic, Oatly, Cal Ripken’s baseball camps, Rihanna’s lingerie line, podcaster Gimlet, soccer streaming site FuboTV.In March, his fund, LionTree Partners, made a small but curious investment: millions of dollars into the IPO of Abu Dhabi’s state-owned gas producer. The deal came at the request of Bourkoff’s largest investor, the powerful brother of Abu Dhabi’s ruler, according to people familiar with the investment, which hasn’t been made public. A top Bourkoff deputy...WW…

Starbucks “has overexposed itself to the risks of doing business in China,” Strive Asset Management, founded by Republican presidential candidate Vivek Ramaswamy, told the company’s CEO and board chair. In a letter sent Wednesday and viewed by Semafor, the conservative-leaning firm says the company’s “bet-it-all-on-China strategy,” which includes 6,500 stores on the mainland, is vulnerable to an invasion of Taiwan or other provocations that could force Starbucks out of the country. Former CEO Howard Schultz kept tight control of Starbucks’ network in China. His departure may open the door...…Starbucks “has overexposed itself to the risks of doing business in China,” Strive Asset Management, founded by Republican presidential candidate Vivek Ramaswamy, told the company’s CEO and board chair. In a letter sent Wednesday and viewed by Semafor, the conservative-leaning firm says the company’s “bet-it-all-on-China strategy,” which includes 6,500 stores on the mainland, is vulnerable to an invasion of Taiwan or other provocations that could force Starbucks out of the country. Former CEO Howard Schultz kept tight control of Starbucks’ network in China. His departure may open the door...WW…

Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/pnc-is-in-advanced-talks-to-buy-u-s-arm-of-spains-bbva-11605483824ShareBy and Updated Nov. 16, 2020 1:27 am ETListen to article(5 minutes)PNC Financial Services Group agreed to buy the U.S. arm of Spain’s BBVA for $11.6 billion, the companies said Monday, in one...…Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/pnc-is-in-advanced-talks-to-buy-u-s-arm-of-spains-bbva-11605483824ShareBy and Updated Nov. 16, 2020 1:27 am ETListen to article(5 minutes)PNC Financial Services Group agreed to buy the U.S. arm of Spain’s BBVA for $11.6 billion, the companies said Monday, in one...WW…

Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/softbanks-bet-on-tech-giants-fueled-powerful-market-rally-11599232205ShareBy , , and Updated Sept. 4, 2020 12:47 pm ETListen to article(8 minutes)Investors watching the vertigo-inducing rise——of technology stocks are buzzing about a single trade, a giant but...…Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/softbanks-bet-on-tech-giants-fueled-powerful-market-rally-11599232205ShareBy , , and Updated Sept. 4, 2020 12:47 pm ETListen to article(8 minutes)Investors watching the vertigo-inducing rise——of technology stocks are buzzing about a single trade, a giant but...WW…

Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/morgan-stanley-is-buying-e-trade-betting-on-littler-customers-11582201440ShareBy Updated Feb. 20, 2020 4:20 pm ETMorgan Stanley is buying E*Trade Financial in a $13 billion deal that will reshape the storied investment bank and firmly stake its future on...…Skip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/articles/morgan-stanley-is-buying-e-trade-betting-on-littler-customers-11582201440ShareBy Updated Feb. 20, 2020 4:20 pm ETMorgan Stanley is buying E*Trade Financial in a $13 billion deal that will reshape the storied investment bank and firmly stake its future on...WW…