
Devon Pendleton
Reporter at Bloomberg News
Reporter covering @wealth for @business. NYC/London/NYC. Opinions, just mine.
Articles
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2 weeks ago |
bloomberg.com | Devon Pendleton
Heesen, which builds most of its ships on spec, had revenue of €209 million last year. (Bloomberg) -- Tumultuous markets and economic uncertainty haven’t dimmed enthusiasm for the most extravagant of pricey playthings: the superyacht. In the latest example of the robust market for the massive, luxurious ships, Heesen Yachts, a superyacht builder formerly owned by a Russian oligarch, was acquired recently by Dutch packaging billionaire Laurens Last.
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1 month ago |
bloomberg.com | Devon Pendleton
Christy Walton, una de las herederas de la fortuna de Walmart Inc., publicó un anuncio a toda página en el New York Times el domingo en el que pedía a Estados Unidos que defendiera sus principios democráticos. Con el titular “USA, USA, USA”, el anuncio muestra una imagen de la Estatua de la Libertad al atardecer junto a ocho declaraciones, entre ellas “respetamos a nuestros vecinos y socios comerciales” y “nos defendemos de la agresión de los dictadores”.
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1 month ago |
bloomberg.com | Devon Pendleton
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago |
flipboard.com | Devon Pendleton
5 hours agoIt’s been a whirlwind month for student loan borrowers, as the Trump administration has taken a series of actions that have plunged repayment and student loan forgiveness programs into turmoil and uncertainty. Many borrowers may feel paralyzed. In February, following a new ruling by the 8th Circuit …
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1 month ago |
investmentnews.com | Matthew Martin |Kurt Wagner |Devon Pendleton
by Matthew Martin, Kurt Wagner and Devon Pendleton Elon Musk invested $150 million to acquire more shares in X last year at a valuation approaching the price he paid for the company’s equity in 2022. Musk, who’s the majority shareholder of the company, has also “expressed willingness” to buy more minority stakes at the same valuation, according to Kingdom Holding Co.’s 2024 annual report. The Saudi investment firm has been a shareholder of X since 2011, when it was still known as Twitter.
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RT @BenBartenstein: SCOOP: A hedge fund operating just blocks from London’s luxurious Harrods department store manages millions for the sec…

Nigeria's Aliko Dangote is $15 billion richer thanks to his massive oil refinery. He told me he wouldn't wish the experience of building it on his worst enemy https://t.co/F3wHn7ISR4

This juicy mystery spotted by @TimFernholz sent me down quite a rabbit hole. Now he may have solved it and it's a satisfying and thought-provoking read https://t.co/X8W64XNSj9