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Politics

Barings’ High-Yield Playbook in a Warsh-Led Fed Era

Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8%. Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical tensions such as the Iran conflict and high oil prices. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

Bloomberg6/17/2026
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VSCO launches Studio Pro mobile photo editing app and plans $500 per year subscription
Politics

VSCO launches Studio Pro mobile photo editing app and plans $500 per year subscription

VSCO is taking on Adobe with a new Studio Pro editing app rolling out today on iOS and coming to macOS later this year, as Bloomberg reports. At launch, the app offers tools for batch editing, style matching from a reference image, and sharing images through VSCO Galleries. VSCO says more features are coming later, including support for RAW images, advanced export options, and additional advanced editing tools like adjusting image aspect ratios. A press release says the app is made for managing high-volume editing projects, like "weddings, portraits, events, sports, school photography, and other large-scale photoshoots." The $500 per ye … Read the full story at The Verge.

The Verge6/17/2026
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Politics

J&J Is Focused on Fighting Cancer, Not Obesity Drugs, CEO Says

Johnson & Johnson has no plans to enter the booming obesity market, opting instead to focus on diseases such as cancer, CEO Joaquin Duato said in an interview for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. The comments set J&J apart from many of its rivals that are trying to develop or acquire obesity medicines following blockbuster weight-loss drugs from Eli Lilly & Co. and Novo Nordisk. (Source: Bloomberg)

Bloomberg6/17/2026
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‘Endured 11 years of trauma’ – Ex-Petroleum Minister, Diezani speaks after court acquits her
Politics

‘Endured 11 years of trauma’ – Ex-Petroleum Minister, Diezani speaks after court acquits her

Former Minister of Petroleum Resources, Diezani Alison-Madueke, has reacted to her acquittal by a London Court following charges of alleged bribery brought against her. DAILY POST earlier reported that the Southwark Crown Court in London, UK, Wednesday acquitted the former Minister of bribery charges by British prosecutors. She was acquitted of five counts of accepting bribes and […] ‘Endured 11 years of trauma’ – Ex-Petroleum Minister, Diezani speaks after court acquits her

Daily Post Nigeria6/17/2026
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Engaging the blackbox-glassbox paradox: Media imperatives in the era of artificial intelligence, By Omoniyi Ibietan
Politics

Engaging the blackbox-glassbox paradox: Media imperatives in the era of artificial intelligence, By Omoniyi Ibietan

Therefore, in the AI era, development is not only a function of infrastructure, capital, or policy. It is a function of trust, and trust must now be engineered. This is irreducible and I hope the Federal Government will direct the Federal Ministry of Communications, Innovation and Digital Economy to begin, quickly, a scalable, phased implementation […] The post Engaging the blackbox-glassbox paradox: Media imperatives in the era of artificial intelligence, By Omoniyi Ibietan appeared first on Premium Times Nigeria.

Premium Times6/17/2026
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