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Aspen Group Eyes New Investors to Address Debt as Earnings Slump
The Aspen Group, the owner of one of the largest dental care chains in the US, is exploring tapping outside investors to tackle the maturities of roughly $3 billion of loans due next year amid weaker earnings, according to people familiar with the matter.
Enormous minimum salary that NYC hotel cleaners will now earn thanks to new union contract
Enormous minimum salary that NYC hotel cleaners will now earn thanks to new union contractBy LAUREN ACTON-TAYLOR, US NEWS REPORTER Published: 20:58, 19 May 2026 | Updated: 20:59, 19 May 2026 e-mail View comments
Consumers Look For Bling for Buck In Lab Grown Gemstones
Nathalie Morrison, Astrea London Founder joins Bloomberg Businessweek Daily to discuss the growing trend on lab grown diamonds, the intersection of sustainability, innovation, and the future of the diamond industry. (Source: Bloomberg)
The High Price Of Underperforming Employees: Have The Conversation
BusinessThe High Price Of Underperforming Employees: Have The ConversationByPeter D. Banko,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramMay 19, 2026, 03:19pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Underperformance and misalignment don’t just hurt the bottom line; they risk losing high-performers. gettyHarvey...
The Great “Trade-Down” Behind The Consumer Spending Paradox
MoneyInvestingThe Great “Trade-Down” Behind The Consumer Spending ParadoxByGreg Petro,Contributor.Follow AuthorMay 19, 2026, 03:02pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The Great “Trade-Down” Behind The Consumer Spending Paradoxgetty“Everything’s gotten so expensive!” That’s been a universal lament over the past couple of years, lately made dramatic in foot-high digits on more than 150,000 gas station reader bo...
UK Explores Visa For Wealthy Who Invest £5 Million
The UK is weighing a new visa that would give three years of residency to wealthy individuals investing at least £5 million ($6.7 million) in the country, as the nation seeks to revive its global attractiveness. Ben Stupples explains (Source: Bloomberg)
The Merger Of NextEra & Dominion Is About Finding The Energy Future
BusinessPolicyThe Merger Of NextEra & Dominion Is About Finding The Energy FutureByJohn Tamny,Contributor.Follow AuthorMay 19, 2026, 03:00pm EDTDAYTONA BEACH, FL - FEBRUARY 24: Kaz Grala, driver of the #33 KiklosGreekExtraVirginOliveOil Chevrolet, celebrates in Victory Lane after winning the NASCAR Camping World Truck Series NextEra Energy Resources 250 at Daytona International Speedway on February 24, 2017 in Daytona Beach, Florida. (Photo by Jonathan Ferrey/Getty Images)Getty ImagesHow and how...
Mystery Briton comes forward to claim life-changing National Lottery jackpot
A mystery lottery player from the West Midlands has finally stepped forward to claim a substantial National Lottery prize after operators issued a public appeal to locate them.Allwyn, which runs the National Lottery, confirmed on Tuesday that it had received a claim from a player in Wolverhampton for the Set For Life second prize worth £10,000 every month for an entire year.The ticket-holder was unaware of their windfall for several weeks following the draw, prompting lottery officials to urge p...
Surging Bond Yields Add to Pressures Building for Fed’s Warsh
Kevin Warsh is poised to take the helm of the US central bank later this week facing pressure from the White House to deliver interest-rate cuts and growing resolve from his colleagues to stand pat. Now the bond market is piling on.
Japan’s Finance Chief Pledges Bold Action for Weak Yen as Needed
Japan’s Finance Minister Satsuki Katayama indicated her resolve to intervene in a foreign exchange market to prop up the yen as needed as her Group of Seven counterparts understand the nation’s stance.
A teen umpire tossed a baseball coach in a now-viral video. Here's his side of the story
You may have seen the recent viral video from a youth recreational league baseball game in Potlatch, Idaho, in which a teenaged umpire named Jameson Morris was confronted by the head coach of one of the teams, who was upset about the music the opposing team was playing (Rob Zombie’s “Never Gonna Stop”).Advertisement
NS&I to contact bereaved families owed £367m after missing savings scandal
The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claimsNational Savings and Investments bank will start to contact thousands of families affected by a missing savings scandal next week, as it confirmed how much they are owed.In March, the chief executive of the state-backed bank was forced out after it emerged there had been long-running problems with the tracing of accounts belonging to customers who had died. Continue readin...
Govt invites expressions of interest for sale of three major Discos
ISLAMABAD: The Privatisation Commission on Tuesday invited expressions of interest (EOIs) from local and international investors for the much-delayed sale of three of the country’s most viable electricity distribution companies (Discos). The deadline for submitting EOIs for the partial or full sale of the Discos falls in the first quarter of the next fiscal year. The three companies are Faisalabad Electric Supply Company (Fesco), Gujranwala Electric Power Company (Gepco), and Islamabad Electric...
How AI is Already Reshaping the Workforce | Open Interest 5/19/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Wall Street's chipmaker trade unravels. AI reshapes workforces from Meta to Standard Chartered, while Home Depot sales miss as high borrowing costs hit consumers. Plus, JPMorgan’s David De Boltz on the AI debt boom, McLaren CEO Zak Brown on racing’s Triple Crown, and Williams CEO Chad Zamarin on natural gas powering the AI future. Correction: Corrects attribution of video used in show (Source: B...
Billionaire Trump donor in line to make millions from Thames Water bid
Paul Singer is founder of a leading creditor in the hedge fund consortium locked in talks with the UK governmentA billionaire Donald Trump donor could make millions from a deal being struck between the government and Thames Water.The UK’s largest water company, ministers and creditors are locked in a stalemate as they try to agree a rescue deal to stave off Thames’s collapse. The water company built up a £17.6bn debt pile in the decades after its privatisation. Continue reading...
Slow Data Center Hookups Offer Summer Relief for US Power Grids
Key grids across the US have lowered their summer demand forecasts to reflect the slower-than-anticipated pace of data centers and other large connections, potentially helping avoid heat-related blackouts and energy shortages in the coming months.
Trades of Eli Lilly shares were made on Trump’s behalf as drugmaker benefitted from his policies
Filings reveal $220m to $750m in trades on US president’s behalf in first quarter of 2026, including securities linked to largest US companiesHundreds of thousands of dollars was invested in Eli Lilly on Donald Trump’s behalf earlier this year, according to financial disclosures, as the US drugmaker benefited from his administration’s bid to expand access to blockbuster obesity treatments.Ethics filings revealed several thousand trades on the US president’s behalf tied to stocks and bonds in the...
New Research Finds ICE Immigration Raids Harm The Economy
LeadershipLeadership StrategiesNew Research Finds ICE Immigration Raids Harm The EconomyByStuart Anderson,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Stuart Anderson writes about immigration, business and globalization.Follow AuthorMay 19, 2026, 12:36pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Immigration and Customs Enforcement officers question a man's status on Lake St...
German EV Subsidies Begin And China Could Be A Big Winner
InnovationTransportationGerman EV Subsidies Begin And China Could Be A Big WinnerByNeil Winton,Senior Contributor.Forbes contributors publish independent expert analyses and insights. U.K.-based Neil Winton covers the European Auto industry.Follow AuthorMay 19, 2026, 12:24pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Skoda Elroq.gettyGermany’s electric vehicle subsidy program started Tuesday with up to $7,000 availabl...
Supermarkets urged to limit food prices by government
Supermarkets urged to limit food prices by governmentJust nowShareSaveAdd as preferred on GoogleSimon JackGetty ImagesUK supermarkets are being urged by the government to limit food prices in return for easing regulations, the BBC understands.It is thought any price caps would be voluntary and apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.In exchange, the Treasury may ease packaging policies and potentially delay rule ch...