Bloomberg News and Videos — Page 830

Phillips 66 Chairman & CEO Mark Lashier discusses the global energy outlook, clean energy, and running assets at '99% capacity utilization.' He talks with Katie Greifeld and Isabelle Lee on "The Close."

A US-sanctioned tanker linked to China sailed out of the Strait of Hormuz and into the Gulf of Oman, testing President Donald Trump's naval blockade. Rich Starry, a medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy sanctions. It is not clear on this occasion whether it visited Iranian ports before its transit, or is carrying cargo. Bloomberg's Adam Farrar joins to discuss.

Wells Fargo CFO Mike Santomassimo breaks down the bank's first-quarter earnings and discusses growth prospects and the private credit market on "Bloomberg The Close."

A startup is redefining healthcare by letting Americans use HSA/FSA funds for gym memberships, sleep aids, and proven supplements. Justin Mares, the Founder and CEO of Trumed joined Bloomberg Open Interest to explain how strict scientific vetting filters out junk products, and why the future of healthcare is prevention, not treatment.

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged. European Commissioner for Economy and Productivity Valdis Dombrovskis joins "Balance of Power" to discuss the IMF news as well the Ukraine war impact on the EU economy.

Former Senator Joe Manchin said continued attempts in Congress to use party-line votes to pass spending legislation in Congress part of the reason the federal debt is ballooning. He joined Bloomberg's Balance of Power to discuss.

The ability of Anthropic's Mythos AI model to uncover cyber vulnerabilities has the government and institutions worried, with a limited group of firms testing the model internally. But Jaya Baloo, COO and CISO of cyber firm Aisle, says its testing shows cheap open-source models can find the same bug Anthropic has highlighted. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Federal Reserve Bank of Chicago President Austan Goolsbee said interest-rate cuts may be pushed back by the surge in energy prices due to the Iran War. "The longer this inflation disruption goes, the more likely it is, in my view, that the appropriate rate cutting would be put off," Goolsbee said Tuesday at the Semafor World Economy Summit.

Bloomberg Primer cuts through the complex jargon to reveal the business behind technologies poised to transform global markets.

J&J's CFO Joseph Wolk joined Bloomberg Open Interest to talk about why its newly launched psoriasis pill could become one of its biggest drugs ever, already reaching 1,500 patients in just days. He explains how the company is avoiding risky mega-deals thanks to a strong pipeline, while confidently raising guidance and betting on long-term double-digit growth.