Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tesla reported its fourth straight quarter of disappointing profits on Tuesday, and Chief Executive Officer Elon Musk made clear that better days are still a ways off. (2) Google parent Alphabet reported second-quarter revenue that exceeded analysts’ expectations, boosted by demand for cloud-computing services and advertising on its search engine. (3) LVMH sales growth slowed last quarter as wealthy sho...
Jul 24, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, following an extraordinary two-day blitz that saw the vice president consolidate her party’s backing to challenge Donald Trump in November. (2) Vice President Kamala Harris, the clear favorite for her party’s presidential nomination after potential rivals lined to up back her, has a deep bench of Democ...
Jul 23, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Joe Biden abandoned his reelection bid, bowing to relentless pressure from Democrats to drop out over fears he was too feeble to beat Donald Trump and injecting fresh chaos into the 2024 election. (2) Notable Democrats including Bill and Hillary Clinton and former Labor Secretary Robert Reich were quick to endorse Kamala Harris as the party’s presidential candidate after Joe Biden dropped o...
Jul 22, 2024•22 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S GDP and Core PCE data, and a preview of Tesla earnings. In the UK – a look ahead to the Paris Olympic Games. In Asia – a look at how the U.S election will shape the U.S, China relationship. See omnystudio.com/listener for privacy information.
Jul 20, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday, an unusually widespread cascade of failures that erupted from the US to Asia after Microsoft reported an outage across its online services. (2) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painf...
Jul 19, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an incident in detail that he called "too painful to tell." (2) President Joe Biden's grasp on the Democratic presidential nomination appeared to be slipping Thursday, as he weighed increasingly public warnings from his party's top lawmakers while in isolation for a Covid-19 infection at his Delaware...
Jul 19, 2024•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Joe Biden can’t catch a break. It seemed like things couldn’t get much worse for the president after he was diagnosed Wednesday with Covid-19, dashing his hopes of counter-programming the Republican National Convention by forcing him to cancel an appearance before a key Latino advocacy group. (2) Then, the dam broke. A flood of leaks detailed senior leaders in the Democratic Party warning Biden personal...
Jul 18, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US Secret Service boosted security around former President Donald Trump after picking up intelligence in recent weeks of an Iranian plot to assassinate him, people familiar with the matter said, adding that the threat was separate from the attempt on his life last weekend. (2) Elon Musk said he will relocate the headquarters for X and SpaceX to Texas, a likely symbolic move that adds more fuel to th...
Jul 17, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump tapped JD Vance as his running mate, elevating to the Republican presidential ticket a venture capitalist-turned-senator whose embrace of populist politics garnered national attention and made him a rising star in the party. (2) President Joe Biden defended his suggestion that Donald Trump should be “put in the bullseye” in an NBC News interview Monday following the assassination attempt on...
Jul 16, 2024•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Former President Donald Trump says he rewrote Republican National Convention speech to call for unity instead of focusing on President Joe Biden, he says in an interview with Washington Examiner. (2) President Joe Biden implored candidates to cool their rhetoric after the assassination attempt on Donald Trump, warning the nation was heading down a dangerous path in which violence subverts the will of Am...
Jul 15, 2024•21 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S Retail sales and Netflix earnings. In the UK – a look ahead to a meeting of the European Political Community. In Asia – a preview of China’s Third Plenum meeting. See omnystudio.com/listener for privacy information.
Jul 13, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden vowed he would remain in the 2024 presidential race, but two critical mistakes in the span of two hours deepened concerns about his mental acuity that threaten his campaign. (2) US and German security services foiled a Russian plot to assassinate the chief executive officer of Rheinmetall AG, a German arms manufacturer producing weapons for Ukraine, people familiar with the matter sa...
Jul 12, 2024•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden faced mounting opposition within his own party Wednesday as a Senate Democrat joined a growing number of House lawmakers in calling on him to step aside. (2) UK regulators have overhauled their rules for companies looking to make their public debut in London, part of a concerted effort to draw more initial public offerings to the City. (3) Chancellor of the Exchequer Rachel Reeves fa...
Jul 11, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Keir Starmer signaled Ukraine can use Britain’s Storm Shadow missiles to strike military targets inside Russia, confirming he would continue the previous UK government’s policy on the use of its long-range weapons in the Russia-Ukraine war. (2) Even as congressional Democrats argued Tuesday over whether to stand behind Joe Biden’s candidacy, the White House and lawmakers grasped for a unified strategy: ...
Jul 10, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden has not undergone any special neurological testing since his annual physical in February, his physician said as the administration looked to quell concerns about frequent visits to the White House by a Parkinson’s specialist. (2) Joe Biden and NATO’s 31 other leaders had hoped their summit this week would celebrate fresh unity against Russia’s Vladimir Putin, send a warning to China ...
Jul 09, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A left-wing coalition is on course to win the most seats in France’s legislative election in a surprise blow to far-right leader Marine Le Pen, who had hoped to form the next government. (2) France looks headed for political instability after a surprise win by a left-wing coalition in Sunday’s legislative election offered no party a path to claim the majority needed to govern. (3) The likelihood of a fr...
Jul 08, 2024•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week: In the US – it's the start of earnings season and the Archegos trial goes to jury In the UK – we look at the challenges facing new Prime Minster Keir Starmer In Asia – we will preview China's trade and CPI/PPI data See omnystudio.com/listener for privacy information.
Jul 06, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Keir Starmer's Labour Party won the UK general election and is on course for a huge parliamentary majority with votes still being counted, a result that upends British politics after Rishi Sunak's Conservatives imploded. (2) Labour passed the magic number of 326 seats for a House of Commons majority just before 5 a.m. on Friday, confirming a change of government that was predicted for months but is stil...
Jul 05, 2024•27 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The drumbeat of pressure on Joe Biden to drop out of the US presidential race intensified Wednesday with a bombshell report in the New York Times that he had conceded the possibility to a key ally, as well as movement within his own party to demand his withdrawal. (2) Vice President Kamala Harris has long been written off by many fellow Democrats, with her struggles as the second-in-command seeming to d...
Jul 04, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Boris Johnson made an unexpected campaign appearance on Tuesday night to urge Conservative voters to deny Labour a landslide victory at the UK general election, a last throw of the dice by Rishi Sunak's Tories to try to prevent huge losses that are expected at Thursday's vote. (2) The last time the Labour party took over from the Conservatives, it shocked markets by surrendering control of UK interest r...
Jul 03, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Central Bank doesn’t yet have sufficient evidence that inflation threats have passed, President Christine Lagarde said — feeding expectations that officials will take a break from cutting interest rates this month. (2) French President Emmanuel Macron’s centrist alliance and the left-wing New Popular Front are weighing whether to pull candidates from the second round of the legislative elec...
Jul 02, 2024•20 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Marine Le Pen’s National Rally scored an emphatic victory in the first round of France’s legislative election and set its sights on an absolute majority as President Emmanuel Macron and her other opponents began maneuvering to keep the far right from power. (2) The euro strengthened as traders digested signs Marine Le Pen’s far-right party was poised to win the first round of France’s legislative electi...
Jul 01, 2024•21 min
Bloomberg Daybreak Weekend with Guest Host John Tucker takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of the June jobs report. In the UK – a look ahead to UK elections. In Asia – a look ahead to the July 1st anniversary of the handover of Hong Kong to China from British colonial rule. See omnystudio.com/listener for privacy information.
Jun 29, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden stumbled through exchanges in Thursday's presidential debate, a performance that risks exacerbating concerns about his age and intensifying Democratic worries about their candidate's ability to defeat Republican Donald Trump in November's election. (2) The International Monetary Fund said Thursday that the US is running deficits that are too big and is weighed down by too much debt, ...
Jun 28, 2024•13 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Keir Starmer accused Rishi Sunak of being “out of touch” with voters as the Labour leader promised to fix Britain’s stagnant economy and ailing public services, and the prime minister used the final televised debate to attack his poll-leading rival on taxes ahead of next week’s election. (2) Finance chieftains are once again looking to invest in London as political turmoil in France and the US make the ...
Jun 27, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Leaders of France’s three biggest political groups clashed in their first televised debate on everything from retirement and taxes to immigration as they sought to convince voters that they can be trusted to run Europe’s second-biggest economy. (2) Keir Starmer, who polls show is on course to be Britain’s next prime minister, said his Labour Party would target economic growth of at least 2.5% if it came...
Jun 26, 2024•22 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia Corp. shares entered correction territory on Monday, as an ongoing selloff erased a historic amount of value for the AI-focused chipmaker. (2) The Federal Reserve has shown other US regulators a three-page document of possible changes to their bank-capital overhaul that would significantly lighten the load on Wall Street lenders, according to people familiar with the matter. (3) Wikileaks co-foun...
Jun 25, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rishi Sunak's chances of avoiding a landslide defeat in the UK general election dwindled further as his governing Conservative Party struggled to contain revelations that several of the prime minister's close aides placed bets on the date of the vote. (2) Emmanuel Macron again sought to explain his decision to dissolve parliament, saying he aimed to take into account the defeat his party suffered in Euro...
Jun 24, 2024•15 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S GDP, PCE data. In the UK – a look ahead to Iran’s Presidential election. In Asia – a discussion on the first 2024 U.S Presidential debate and how the U.S-China relationship will gain attention. See omnystudio.com/listener for privacy information.
Jun 22, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) French President Emmanuel Macron spent much of his tenure persuading bankers and fund managers to flock to Paris after Brexit. His decision to call snap elections may give some in the industry pause. (2) German Chancellor Olaf Scholz and the leaders of the country’s 16 federal states discussed plans to outsource asylum procedures to a third country, inspired by similar initiatives in the UK and Italy. (...
Jun 21, 2024•16 min