Odd Lots: Why Money Launderers Love $100 Bills

Steve O'Donnell, NASCAR CEO, says the business has good momentum but he's still focused on attracting younger viewers and getting new fans to the track. He also talks about competition among the drivers and how that…

Millennium Management's assets have hit $97 billion, more than double what the firm oversaw six years ago, and is speeding toward $100 billion. Hema Parmar reports on Bloomberg Open Interest. (Source: Bloomberg)

Companies are flocking to the US leveraged loan market with offerings to reprice large chunks of existing debt, tapping strong investor demand to reduce borrowing costs.

Julie Macklowe, the Founder of the luxury whiskey brand Macklowe, joined Bloomberg Open Interest to talk about how tariffs on liquor ultimately punish American consumers through higher prices, and may even be…

Saudi Arabia halted several energy facilities in the south, as the Iran-backed Houthi militants claimed fresh strikes on the kingdom. The Yemen-based Houthis said they targeted Saudi Aramco’s facilities in Abha, Najran…

Prime Minister Mark Carney said he doesn’t believe in escalating the trade war with the US, but he argued counter-tariffs are necessary to cushion the blow for Canadian businesses and workers.