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GameStop’s Other Trade Pays Off With Takeout of Junk Bonds – Yahoo Finance

(Bloomberg) — Investors in GameStop Corp.’s junk-rated bonds are finally cashing in on the video-game retailer’s wild ride in the stock market.The company’s…

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(Bloomberg) — Two of the worlds most powerful money managers are joining forces to build a business on climate-change investing and raise one of the largest venture-capital funds dedicated to carbon-cutting technologies.BlackRock Inc. and Singapores Temasek Holdings Pte. formed a new firm, Decarbonization Partners, to take stakes in startups that have the potential to reduce the worlds reliance on fossil fuels and meet the goal of zero-carbon emissions in three decades. Theyre committing a total…

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