Weber shares tank as grill maker announces CEO departure amid disappointing sales: The Palatine, Illinois-based company also suspended its quarterly cash dividend and said it is committed to working with lending partners to remain in compliance with its credit facilities.
Borrowing Among Junk-Rated Firms Slows to a Trickle - WSJ: A combination of higher funding costs and ratings upgrades has trimmed the supply of high-yield bonds.
NYC Public Transit Will Need Until 2035 to Match Pre-Covid Levels - Bloomberg: Sluggish rebound creates $1.6 billion annual deficit
Zipmex Seeks $50 Million After Freezing Crypto Withdrawals - Bloomberg: Zipmex, the Asia-focused crypto exchange that froze some withdrawals last week, said it’s seeking to raise at least $50 million to repair its balance sheet.
