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FedEx, UPS Shares Sink on 'Watershed' Amazon Logistics Move

US transportation stocks plunged Monday after Amazon.com Inc. announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers. Bloomberg's Lee Klaskow joins Bloomberg Intelligence to discuss.

Read more: FedEx, UPS Shares Sink on 'Watershed' Amazon Logistics Move
Bloomberg

Ackman Talks Succession Plan, Universal Music Bid and Mamdani

Pershing Square founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.

Read more: Ackman Talks Succession Plan, Universal Music Bid and Mamdani
Bloomberg

Inside the First Berkshire Shareholder Meeting With Greg Abel as CEO

Greg Abel lead the Berkshire Hathaway Inc. shareholders meeting on Saturday for the first time as CEO. It was very different compared to when Warren Buffett ran the program. Matthew Palazola of Bloomberg Intelligence was there and came on Bloomberg Radio to talk about what he saw.

Read more: Inside the First Berkshire Shareholder Meeting With Greg Abel as CEO