Simon Gerovich, who turned a struggling Japanese hotelier into a Bitcoin stockpiler and investor darling, is feeling the heat.

Indian Prime Minister Narendra Modi toured a chip factory in Japan’s Miyagi prefecture on Saturday, a day after he and his Japanese counterpart Shigeru Ishiba pledged deeper ties as US tariffs hit the global economy.

Sales of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings from inflation.

Employers in the US showed little enthusiasm to take on workers during August, and the unemployment rate probably ticked up to an almost four-year high, adding to evidence of a more subdued labor market.

An Elliott Investment Management affiliate emerged as the recommended bidder in the court-ordered auction of Citgo Petroleum Corp.’s parent, offering $5.89 billion and a deal to pay off bondholders that have a pledge on the asset.

Spirit Aviation Holdings Inc.’s second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps needed to ensure its survival.

US companies are poised to boost their debt levels to help fund a $1 trillion wave of acquisitions, a reversal after years of scaling back their borrowings.

The Trump administration will make it harder for Samsung Electronics Co. and SK Hynix Inc. to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market.

Convano Inc. was, until recently, a sleepy Tokyo-listed operator of nail salons. Now it wants to become one of the world’s largest corporate holders of Bitcoin — the latest in a wave of radical financial reinventions pulling the likes of biotech firms and regional banks into crypto’s orbit.

Bloomberg’s Caroline Hyde discusses US plans to revoke waivers granted to Samsung and SK Hynix that authorized them to move some equipment from China without a license. Plus, Dell and Marvell shares fall after earnings disappointments. And, US regulators are embracing the blockchain and SEC Commissioner Mark Uyeda discusses the agency’s crypto-friendly steps. (Source: Bloomberg)