Business & Finance
Markets, economy, startups, and corporate news
Trump risks confidence in U.S. role as guardian of global shipping
“Failure to ensure freedom of navigation in Hormuz puts global freedom of navigation everywhere at risk.”
Italy sets jet fuel limits at some airports on supply gap
Fuel restrictions for flights have been introduced at the airports of Bologna, Milan Linate, Treviso and Venice.
The U.S. military set up an improvised airfield deep inside Iran to rescue the F-15 airman. Marines just practiced building one in the desert
"The last 48 hours offers some idea of what US ground operations inside Iran could entail, in terms of Iranian capabilities, risks, and scope for achievement."
The mega IPOs of SpaceX, Anthropic and OpenAI alone can't fix this stock market
We have three big headwinds draggins stocks down, and one long-shot solution.
Hormuz Tracker: Iraq-Linked Oil Tanker Exits Hormuz Via Iran
A Suezmax oil tanker hauling about 1 million barrels of Iraqi crude exited the Persian Gulf via a northerly route through Iranian waters on Sunday morning, according to vessel-tracking data compiled by Bloomberg.
OPEC Plus Warns of Slow Recovery After War in Iran
The group of influential oil exporters also said it was increasing its production quotas, a largely symbolic move.
Here are the 3 big things we're watching in the stock market in the week ahead
The war in the Middle East is still the most important thing for the stock market.
Artemis II’s toilet is on the blink again, forcing astronauts to use more backup collection bags as odor fills capsule
Engineers suspect ice may be blocking the line that is preventing urine from completely flushing overboard.
Zohran Mamdani and the business exodus? New York's office real estate market is up under new mayor
Reports Apollo Global Management is planning a second HQ in the US South renewed debate over a business exodus under NYC Mayor Mamdani. Data doesn't support it.
Delta started sharing profits with its 100,000 employees two decades ago. CEO Ed Bastian says shareholders love it
At first, Delta shareholders couldn't believe Ed Bastian was going to create a profit-sharing scheme. Now, Bastian said, they'll be the first to stop him from getting rid of it.
Screenwriters union and Hollywood studios reach a surprise deal after just 3 weeks of talks that’s longer than typical agreements
“We look forward to building on this progress as we continue working toward agreements that support long-term industry stability."
Trump vows to strike Iran’s power plants and bridges if Hormuz isn’t open by Tuesday as Kuwait says attack put water desalination plant offline
Trump has issued such deadlines before but extended them when mediators have claimed progress toward ending the war.
By The Way | Headlines You Should See
Catch up on AI Coworker, EMS, Zimbabwe Luxury Homes and all the headlines with BTW. Lisa Mateo, Christina Ruffini and Joe Mathieu dive into the headlines you may have missed on Bloomberg This Weekend. Watch more here: Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Is AI the new fracking?
The backlash against data centres chimes with energy Nimbyism of the past
During the rescue of the F-15 airman in Iran, the U.S. military blew up two of its own transport planes that had to be left behind
A regional intelligence official briefed on the mission said the U.S. military was forced to bring in additional aircraft to complete the rescue due to a technical malfunction.
Humanitarian Crisis Escalates in Lebanon Amid Iran Conflict
More than 1.1 million people have been displaced in Lebanon since the onset of the conflict involving the US, Israel, and Iran, according to the United Nations. Former UK Foreign Secretary and president and CEO of the International Rescue Committee David Miliband joins Christina Ruffini and Joe Mathieu on Bloomberg This Weekend to discuss the worsening humanitarian situation in Lebanon and Syria. Watch the full interview on Bloomberg This Weekend. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
TMZ Heads to Washington
TMZ is expanding to Washington DC, looking to politicians accountable to their constituents. TMZ Executive Producer Harvey Levin joins Christina Ruffini on Bloomberg This Weekend to discuss the latest venture. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Trump Gives 48-Hour Ultimatum to Reopen Strait
Rising Communications President and Atlantic Council's Eurasia Center Nonresident Senior Fellow Leslie Shedd and Former Senior Adviser for Political Engagement under President Biden and Principal of Causeway Strategy John W. McCarthy join Christina Ruffini and Joe Mathieu on Bloomberg This Weekend for a wide-ranging conversation on the latest political news. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Why You Should Ignore AI FOMO
Bloomberg News Senior Editor of Technology Shona Ghosh joins Christina Ruffini on Bloomberg This Weekend to discuss how AI assistants may be causing more burnout, as opposed to lightening your workload. Read more in this weekend's Bloomberg The Forecast newsletter. (Source: Bloomberg)
OPEC+ Plans Symbolic Oil Quota Hike for May
Bloomberg News Equities Reporter Natalia Kniazhevich joins Joe Mathieu and Christina Ruffini on Bloomberg This Weekend to discuss the latest impact the war in Iran is having on the energy markets. Watch the show LIVE every Saturday and Sunday morning. (Source: Bloomberg)
Trump vows to bomb Iran infrastructure after US rescue of missing airman
American soldiers locate missing crew member after F-15E was shot down over Iranian mountains
Starmer 'concerned' over Kanye West UK festival dates
The festival's main sponsor Pepsi has withdrawn its funding from Wireless, it announced on Sunday.
Older Americans face big tax changes. Here's where they can find free filing help
Older Americans may get bigger tax refunds this year. Here's where to find free services to navigate the complexities of new tax breaks.
Iran allows Iraqi ships through Hormuz strait
Tehran’s decision could allow 3mn b/d of oil to be released to international markets