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Medline Inc. shares surged 21% in their trading debut, after the medical supplier raised $6.26 billion in the year’s biggest initial public offering. 
The shares opened at $35 each, versus the IPO price of $29. Medline, which counts Blackstone Inc., Carlyle Group Inc. and Hellman & Friedman among it…
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Pimco raised more than $7 billion for an asset-based finance strategy, including its first funds designed exclusively for insurance companies and wealthy individuals. That's according to a person familiar with the matter. Bloomberg's Laura Benitez reports on "Bloomberg Markets" with Scarlet Fu. (Sou…