Bloomberg News and Videos — Page 345

The US is proposing new tariffs of at least 10% on imports from most major trading partners, citing forced-labor practices.  The 10% rate would apply to partners who prohibit forced labor imports, such as Canada, Mexico, the EU, Taiwan, and the UK. Ryan Majerus, Partner: International Trade Team at King & Spalding, discusses the path ahead for tariffs, Section 301 investigations, and where refunds stand.

On this episode of Stock Movers with Alexis Christoforous: - Petco (WOOF) shares tumble after the pet health and wellness company's adjusted Ebitda forecast for the second quarter came in below the average analyst estimate. - Five Below (FIVE) shares are down after the retailer reported results, and while the quarter was a "standout," the growth rate might be peaking, according to Jefferies. Citi said the unchanged 2H26 guidance feeds into the bear case that comps will slow over next year. - PVH (PVH) shares tumble after reaffirmed adjusted earnings-per-share guidance from the owner of the Calvin Klein and Tommy Hilfiger brands missed consensus estimates. Analysts note sustained pressures from the Middle East conflict.

ITC Holding CEO Krista Tanner says that there is a misconception that data centers increase costs for consumers. Tanner spoke with Bloomberg's Tyler Kendall on the sidelines of the Edison Electric Institute 2026 Conference in Las Vegas.

Kevin Gordon, head of macro research and strategy at the Schwab Center for Financial Research, explains how high-performing stocks aren't always the ones making headlines. He speaks at the Bloomberg Money subscriber-only event on June 2 in New York.

Portland General Electric CEO Maria Pope says an agreement to hike rates on data centers "will have a huge positive impact for all of our customers." Pope spoke with Bloomberg's Tyler Kendall on the sidelines of the Edison Electric Institute 2026 Conference in Las Vegas.

Blackstone limited redemptions from its flagship private credit fund for the first time, after investors sought to pull 10% of the shares. Silas Brown has more on "Bloomberg Open Interest."

TWG Global Managing Partner and Former White House Aide Amos Hochstein says any leverage the United States holds in talks with Iran is gone once US crude inventories are depleted, which could be as soon as the middle of July.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon will pitch the upcoming SpaceX IPO to some of the bank's richest clients. He'll be joined by a pair SpaceX executives, but Dimon is still the star. Bloomberg's Sridhar Natarajan reports on "Bloomberg Open Interest."

Jim Zelter, president at Apollo Global Management, says the "phenomenal and unprecedented" AI capex boom could cause issues for smaller companies looking to tap the public markets and says investment-grade debt sales will outpace net issuance of US Treasuries this year.

European insurers that want to ride the private credit boom need to grasp the risks they face, according to the region's top watchdog for the industry. Speaking to Bloomberg's Francine Lacqua, Petra Hielkema, chair of the European Insurance and Occupational Pensions Authority, said the region has "a multitude" of insurers of varying size, some of which don't yet have the necessary capabilities. Hielkema joined "The Pulse with Francine Lacqua" on Bloomberg TV.