Bloomberg News and Videos — Page 280

Johnson & Johnson has no plans to enter the booming obesity market, opting instead to focus on diseases such as cancer, CEO Joaquin Duato said in an interview for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. The comments set J&J apart from many of its rivals that are trying to develop or acquire obesity medicines following blockbuster weight-loss drugs from Eli Lilly & Co. and Novo Nordisk.

Federal Reserve Chair Kevin Warsh says his colleagues have been "very open" about changes during a news conference after the Fed decided to leave rate unchanged.

Chris Gordon, co-head of the global private equity at Bain Capital, joins Dani Burger on "Bloomberg Deals."

Scott O'Neil, CEO of LIV Golf, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." LIV Golf has begun laying the groundwork for a potential US bankruptcy filing if it fails to raise new funds, according to people familiar with the matter. The golf league is currently looking for money after its main backer, the Saudi Public Investment Fund, pulled its funding.

Federal Reserve Chair Kevin Warsh vows the committee will deliver price stability. In his first press conference leading the Fed, Warsh said there was "rigorous debate" before members voted to keep rates unchanged.

Bob Michele, JPMorgan Asset Management's global head of fixed income, says the Federal Reserve's policy-setting Federal Open Market Committee is showing a hawkish tilt after its decision to leave rates unchanged. He speaks on "Bloomberg Surveillance: The Fed Decides."

Makenzie Lystrup, principal consultant at Peridot Services and former director for the Goddard Space Flight Center, NASA's primary hub for building and operating scientific satellites, says energy and heat present real challenges for orbital data centers and SpaceX ambitions. She joins Ed Ludlow on "Bloomberg Tech."

Elon Musk wants to put data centers in space starting in 2028, but space presents challenges for compute, including communication between satellites and the ground. Dan Roelker, former head of software engineering at SpaceX, set out to address this problem when he co-founded Observable Space. He joins Ed Ludlow on "Bloomberg Tech."

Apple is holding steady with its AI ambitions, planning camera-equipped AirPods, smart glasses and new foldable iPhones as part of a major product push over the next two years. Plus: Snap introduces Specs, a pair of augmented reality glasses that co-founder Evan Spiegel described as a 'leapfrog advancement' and the computer of the future. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."

The Federal Open Market Committee voted unanimously to leave its benchmark interest rate in a target range of 3.5%-3.75%. Policymakers were split over whether they expect to raise rates this year. This is the first decision issued under Chair Kevin Warsh. Bloomberg's Michael McKee reports.