Billionaires who built their <-bsp-bb-link state="{"bbHref":"bbg://screens/RICH","_id":"0000018f-20fc-d583-afbf-e2fc7db50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.

Welcome to The Brink, where we’re looking into what could herald the beginning of a complicated debt restructuring in Venezuela. We also have the latest on Thames Water, AMC and Hertz.

A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs.

Bondholders of struggling <-bsp-bb-link state="{"bbHref":"bbg://securities/56938Z%20US%20Equity","_id":"0000018f-29cd-d583-afbf-ebdd43ba0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.

<-rte-company state="{"_id":"0000018f-28d6-d583-afbf-eade07300001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Republic First Bank became the latest smaller lender to succumb to pressures of higher interest rates on Friday when it was closed by regulators — with most of its deposits and assets acquired by Fulton Bank.

Pennsylvania’s Fulton Bank will assume “substantially” all deposits of Philadelphia-based Republic First Bank, the FDIC says in a statement.