Scilex holding sells $200m in Semnur Pharmaceuticals shares

Former President Trump has issued a warning about a potential government shutdown, placing the blame squarely on Democrats. His comments come amid ongoing debates over gender-reassignment surgeries, a topic he has criticized without providing clear explanations. This situation is significant as a government shutdown could disrupt federal services and impact millions of Americans, highlighting the deepening political divide.

Squarespace has successfully repriced a $2.65 billion loan, achieving one of the lowest private debt spreads in the market. This move, facilitated by a group of private credit lenders including Blackstone Inc., highlights the growing confidence in Squarespace's financial stability and its backing by private equity. Such favorable terms not only reflect positively on Squarespace's prospects but also signal a robust environment for private lending, which could encourage further investments in the tech sector.

Canada's economy showed signs of stagnation in August, following a modest growth in the previous months. This development is significant as it indicates that the country is managing to avoid a second consecutive economic contraction, which could have broader implications for employment and investment. While the growth is tepid, it suggests a cautious resilience in the face of economic challenges.

Six Flags is facing pressure from Land & Buildings Investment Management, which holds a 2% stake in the company, to sell its real estate assets. This situation highlights the ongoing challenges for theme park operators in maximizing their value and adapting to changing market conditions. The outcome could significantly impact Six Flags' financial strategy and future growth.

Recent developments reveal that President Trump's tariffs on pharmaceuticals are favoring the wealthiest drugmakers, raising concerns about the impact on healthcare costs for everyday Americans. This situation highlights the ongoing debate over drug pricing and access to essential medications, as many fear that the burden of these tariffs will ultimately fall on consumers rather than the companies profiting from them.

BMW has announced a recall of over 196,000 vehicles in the US due to a defect in the engine starter that could lead to potential safety issues. This recall is significant as it highlights the importance of vehicle safety and the responsibility of manufacturers to address defects promptly. Owners of affected models will need to take action to ensure their vehicles are safe to drive.