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GE to Buy Consolidated Precision Products for $11.75B
Bloomberg16d agobullishVIDEO
GE to Buy Consolidated Precision Products for $11.75B

Bloomberg's Kiel Porter joins Scarlet Fu on "Bloomberg Deals." GE Aerospace agreed to buy castings manufacturer Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion, a deal that will significantly expand the jet-engine manufacturer's capacity for the critical components.

Robinhood CEO Responds to AMC Tokenization Criticism
The Wall Street Journal16d agoneutral
Robinhood CEO Responds to AMC Tokenization Criticism

Robinhood Chief Executive Vlad Tenev defended the company's push into tokenized stocks in a CNBC interview Wednesday. Tenev's remarks come on the heels of fiery criticism from AMC Chief Executive Adam Aron, whose company's shares are among those being tokenized. Tenev said companies can't control the financial products created around their shares once public.