Missing Billions and a Secretive CEO: The Fir...

The swings in the bond market this week had Wall Street scrambling. After bond yields hit a historic high the U.S. Treasury made a surprise announcement: it’s doubling the amount of long term debt it’s buying back. WSJ’s Greg Ip breaks it all down for us, explaining how bonds wor ...  Show more

Flock Safety, the company behind the AI-enabled street cameras, has grown into a multibillion-dollar surveillance giant over the last few years. Supporters say the cameras have helped police reduce crime and solve cases. But critics say they violate privacy rights and are easily ...  Show more

Some of the world’s biggest financial institutions are reeling after the collapse of a little-known car parts supplier: First Brands Group. The company filed for bankruptcy last month, and since then, FT reporters have shone a spotlight on billions of dollars of hidden debt and a ...  Show more

First Brands Group, a roll-up of car parts manufacturers, is preparing a bankruptcy filing after amassing as much as $10bn in debt. And last week, Tricolor, a subprime auto loan lender, ran into trouble. Today on the show, Rob Armstrong and Katie Martin ask if we are at a turning ...  Show more

P.M. Edition for Oct. 16. The auto-parts giant First Brands’ bankruptcy leaves investment bank Jefferies in the harsh spotlight of an accounting scandal. Plus, the endowments of American colleges posted their strongest returns in years. And after strong bank earnings this week, H ...  Show more

Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reac ...