Bloomberg
Apple Unveils New Laptops, iMac, Trio of Powerful Chips
Apple Inc. announced the third generation of its in-house Mac processor line on Monday as part of a "Scary Fast"-branded product unveiling, an unusually timed event that kicked off at 5 p.m. California time. It also introduced a new iMac...
Bloomberg
Israel Sends Forces Into Gaza in War's 'Second Stage'
Israel has sent troops and tanks into the northern Gaza Strip in what it calls the second and longer phase of its war against Hamas. Prime Minister Benjamin Netanyahu warned of a "long and difficult" campaign. Bruce Einhorn reports on...
Bloomberg
Yen May Have Some Upside Into 2024, UBS WM Says
Hartmut Issel, head of Asia Pacific equities and credit at UBS Wealth Management, discusses the outlook for financial markets amid geopolitical risks, the opportunities he sees, Bank of Japan's policy and the yen. He speaks with Vonnie...
Bloomberg
US, China Agree in Principle on Biden-Xi Meeting
US and Chinese officials have agreed in principle on a meeting between Presidents Joe Biden and Xi Jinping during the Asia-Pacific Economic Cooperation summit in San Francisco in November, according to an American official, but there is...
Bloomberg
Remy Slashes Annual Sales Forecast on Weak US Demand
Remy Cointreau SA said it expects organic sales to fall by 15% to 20% this year, pushing shares to a three-year low with the French distiller citing weaker-than-expected US demand for its high-end spirits. Andy Hoffman reports on...
Bloomberg
Oil Spikes as Mideast Tensions Rise on US Strikes in Syria
Oil moved higher Friday as US strikes on two Iran-linked facilities in Syria revived investor concerns that the Israel-Hamas war may spark a wider conflict and disrupt crude supplies. Julian Lee reports on Bloomberg Television.
Bloomberg
US Military Hits Two Iran-Linked Syrian Facilities in Defense Strikes
US forces, in response to attacks on American troops in the region, conducted strikes on two facilities in eastern Syria it believes were used by Iran's Islamic Revolutionary Guard Corps and affiliated groups. Yousef Gamal El-Din reports...
Bloomberg
US Defense Video Shows China Fighter Near US Aircraft
The US military released a video Thursday reportedly showing a Chinese fighter jet coming within 10 feet (3 meters) of an American B-52 bomber flying over the South China Sea. The video was provided by the US Indo-Pacific Command and...
Bloomberg
US Big Techs' Forward Guidance May Slow Down: Saxo CIO
Steen Jakobsen, chief economist at chief investment officer at Saxo Bank, discusses the prospects for the big US technology stocks so-called magnificent seven including Apple Inc. and Microsoft Corp. He also talks about US Treasury...
Bloomberg
Morgan Stanley's Ted Pick to Succeed James Gorman as CEO
Morgan Stanley is naming Ted Pick, a three-decade veteran of the firm and co-president, to become its new chief executive officer, succeeding James Gorman, who will stay on as executive chairman. Adam Haigh reports on Bloomberg Television.
Bloomberg
Microsoft Sales Top Estimates as Cloud Growth Recovers
Microsoft Corp. shares are up in extended trading after the company posted stronger-than-expected first-quarter sales. Its cloud-computing growth recovered amid demand for new artificial intelligence products that are prompting corporate...
Bloomberg
Federal Reserve Likely at Interest-Rate Peak Already, Saxo Says
John Hardy, head of foreign exchange strategy at Saxo, discusses Federal Reserve policy and the implications for the dollar. Cleveland Fed President Loretta Mester said the central bank is close to wrapping up its aggressive tightening...
Bloomberg
Dollar-Yen Can Break Higher, Japan May Intervene, CBA Says
Carol Kong, international economics and currency strategy associate director at Commonwealth Bank of Australia, discusses the outlook for the dollar and the yen. She speaks with Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
US Bases in Syria, Iraq Targeted by Drone Attacks
The Pentagon reported stepped-up drone attacks on US bases in Iraq and Syria on Thursday, while an American destroyer in the Red Sea intercepted cruise missiles and drones fired toward Israel by Houthi rebels in Yemen. Rosalind Mathieson...
Bloomberg
Israel Latest: Biden Seeks Support, Arab Leaders to Meet
US President Joe Biden appealed directly to the American people to support funding for Israel and Ukraine's war efforts, linking Hamas and Russia's Vladimir Putin as parallel threats to American democracy while a group of Arab leaders...
Bloomberg
Biden: Hamas and Putin Represent Threats to US Democracy
President Joe Biden, in a prime-time address, warned that Hamas and Russian President Vladimir Putin pose parallel threats to US democracy. (Excerpt)
Bloomberg
India Confirms Softer Rules for Laptop, Tablet Imports
India will allow imports of tech hardware such as laptops and tablets without a mandatory license, easing curbs the government had previously planned to impose. Sankalp Phartiyal reports on Bloomberg Television.
Bloomberg
US Destroyer Shot Down Missiles, Drones From Yemen, Pentagon Says
An American destroyer in the Red Sea intercepted cruise missiles and drones fired toward Israel by Houthi rebels in Yemen, according to Brigadier General Pat Ryder, a Pentagon spokesman.
Bloomberg
Iran Must Be Dealt With In Order to Control Hamas: Esper
Former US Defense Secretary Mark Esper discusses the need for the US to do more on "connecting the dots back to Iran" as he discusses military options for Israel in the conflict with Hamas. He speaks on "Bloomberg Surveillance."
Bloomberg
Israel Latest: Biden Arrives After Gaza Hospital Blast
US President Joe Biden landed in Israel on Wednesday just hours after an explosion at a hospital in Gaza killed hundreds and threatened to plunge the region into chaos. Francine Lacqua and Oliver Crook report on Bloomberg Television.
Bloomberg
Biden Says Gaza Blast Appears to Be Done by the 'Other Team'
US President Joe Biden said he is deeply saddened and outraged by the explosion at a hospital in Gaza and wants people to know that the US stands with Israel. Biden spoke during a bilateral meeting with Israeli Prime Minister Benjamin...
Bloomberg
Israel Latest: Gaza Hospital Blast Leaves Hundreds Dead
Gaza officials say hundreds of Palestinians were killed in a hospital explosion that they blame on an Israeli air strike, an accusation Israel has denied. The US has called for an investigation into the incident, and the White House says...
Bloomberg
California Is Revamping Home-Insurance Rules
California is prioritizing home-insurance availability as it rewrites market rules to coax back insurers and ease a coverage crunch in a state ravaged by wildfires, says Insurance Commissioner Ricardo Lara. He speaks with Scarlet Fu and...
Bloomberg
Goldman Sachs Profit Slumps 33%; CEO Pleads Patience on Pivot
Goldman Sachs Group Inc.'s property investments drove a $212 million loss in the equity book last quarter and an additional $358 million in impairments contributed to a 33% drop in profit. Su Keenan reports on Bloomberg Television.