Retiring Spirit pilot whose final flight was canceled gets tribute from competitor airline – Fox Business

(Bloomberg) — Even before last weekend, Pacific Investment Management Co.’s Daniel Ivascyn was preparing for turbulence. With AI-related jitters reverberating through markets and private credit tremors setting off alarms, the chief investment officer at Pimco and manager of the world’s largest active bond fund was making adjustments — reducing corporate credit and stockpiling cash-equivalent holdings…

Blue Owl Capital’s (OWL) announcement this week that it would sell $1.4 billion in loans to raise liquidity for investors in a retail-focused private credit fund has triggered alarm bells across financial markets, with more than one prominent analyst drawing direct parallels to two Bear Stearns hedge fund collapses that foreshadowed the 2008 financial crisis…

Threat actors are exploiting the recent Claude Code source code leak by using fake GitHub repositories to deliver Vidar information-stealing malware. Claude Code is a terminal-based AI agent from Anthropic, designed to execute coding tasks directly in the terminal and act as an autonomous agent, capable of direct system interaction, LLM API call handling, MCP…

DUBLIN, Ohio — STG Logistics, the nation’s fourth-largest asset-based intermodal marketing company, filed for Chapter 11 bankruptcy protection Jan. 12 in federal court in New Jersey, the company announced. The Dublin, Ohio-based logistics firm entered the court-supervised restructuring under a pre-negotiated plan that would eliminate about 91% of its nearly $1 billion debt load and…

WASHINGTON (AP) — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut. The Fed’s 19-member rate-setting committee is sharply divided over whether to lower borrowing costs again. The divisions have been exacerbated…