Did Five Paintings Lose Their ‘Oomph’? It’s a $410 Million Question. Holding companies connected to Ronald O. Perelman are suing his insurers, saying that five of his pieces worth that amount were damaged in a 2018 fire. His insurers say the fire never reached the paintings.
As the Fed Raises Rates, Worries Grow About Corporate Bonds Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.