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Rockefeller Capital's Fleming: I Regret Having to Sell Merrill Lynch

Rockefeller Capital Management President and CEO Greg Fleming says selling Merrill Lynch remains his biggest career regret, reflecting on whether more could have been done to preserve the iconic firm. This interview was recorded for Bloomberg Wealth with David Rubenstein on May 13, 2026.

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Sfakianakis: Iran Tests US Resolve in Hormuz

Iran and the United States traded tit-for-tat attacks over the weekend, with both sides issuing conflicting declarations on whether the Strait of Hormuz is open for shipping. John Sfakianakis, Chief Economist and Head of Research at the Gulf Research Center, told Abeer Abu Omar on Horizons Middle East and Africa that return to a full scale-war is a possibility but we are "not yet" there.

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Bahoshy: Mideast Venture Funding Plunges in 1H

Private capital data platform, Magnitt, says Middle East venture funding fell 22% in the first half of the year, with actual deal count plunging by 41%. Many of the deals were signed before the US-Israel attacks on Iran. CEO Philip Bahoshy told Abeer Abu Omar on Horizons Middle East and Africa that the real test will hit this summer.

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SK Hynix Shares Slump in South Korea After US Listing

SK Hynix shares declined in Seoul on Monday after the memory chipmaker's highly-anticipated US trading debut. The company's $26.5 billion US offering was closely watched as a test of demand for overseas offerings as well as for the longevity of the artificial intelligence rally. Bloomberg's Neil Campling reports.

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Stanton Warns Hormuz Closure Hurts Economy

Rep. Greg Stanton says the Trump administration needs a stronger diplomatic strategy to reopen the Strait of Hormuz and negotiate a more accountable agreement with Iran, warning the conflict has increased economic and geopolitical risks. He also defends closer ties with Canada, Mexico and other US allies as essential to competing with China, while condemning settler violence in the West Bank following an incident involving Rep. Ro Khanna.

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Demographic Shift Tests AI Promise

Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.

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Volker Sees NATO Summit Strengthening Alliance

Former US ambassador to NATO Kurt Volker says the NATO summit reinforces alliance unity, strengthens support for Ukraine and sends a tougher message to Russian President Vladimir Putin, while praising President Donald Trump's more constructive engagement with President Volodymyr Zelensky. Volker says Ukraine's battlefield innovation and sustained pressure on Russia are shifting the conflict's momentum, though he warns Putin remains committed to the war and is unlikely to negotiate without greater leverage.

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