Australia Breaking News

Heath Golden, CEO of Marquee Brands, discussed the company's planned acquisition of Canadian outdoor and lifestyle brand Roots, calling it a strong fit with Marquee's strategy of buying timeless, high-awareness brands with room to grow. Golden said Marquee is building a portfolio of about 24 brands, including Martha Stewart, Roberto Cavalli, Ben Sherman and BCBG, and sees Roots as another brand with strong consumer love and broad permission to expand by category and geography. He speaks with Romaine Bostick & Tyler Kendall on "The Close."

LIV Golf filed for bankruptcy protection, a dramatic fall for the Saudi-backed league that had big ambitions to challenge the supremacy of the PGA Tour. Randall Williams has more on "Bloomberg The Close."

Ilya Espino de Marotta is the new head of the Panama Canal Authority and she is already tackling some tough challenges. She says a strong El Niño has led to restrictions on ship transits and talks about how this weather pattern is impacting the business. She speaks to Bloomberg's Romaine Bostick.

Qualcomm CFO Akash Palkhiwala discusses the company's deal to create customized chips for Amazon Web Services' AI infrastructure. Speaking on "Bloomberg The Close," Palkhiwala also comments on Qualcomm's AI data center strategy and the future of smartphones.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.

Bloomberg's Ben Weiss joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Despite failing to get a license in Europe, it's business as usual for Binance in Europe. The firm is still operating in the region due to a number of workarounds and side doors under the EU's Markets in Crypto-Assets Regulatory framework, better known as MiCA.

Michigan Democratic US Senate candidate Abdul El-Sayed says President Donald Trump is Mike Rogers' "Daddy." El-Sayed has been critical of Rogers, his Republican opponent, for bowing to Trump's wishes. El-Sayed also talks about healthcare and the cost of living with Kailey Leinz on "Balance of Power."

Bloomberg Intelligence's Dushyant Shahrawat, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A blockchain used by several cryptocurrency exchanges to move Bitcoin was hacked for $320 million, the latest in a spate of breaches to shake confidence in digital-asset security.

Bloomberg's Carmen Reinicke said that thousands of SpaceX shares are set to come back into the market as the Nasdaq 100 index goes through rebalancing and the space company sees more stock lockup expirations. Reinicke called the potential for stock movement 'really substantial' and said that SpaceX's weight in the Nasdaq 100 will only continue to rise until all available shares are bought.

Jess Houlgrave, CEO of WalletConnect, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discus the importance of the Clarity Act and how regulation affects her business.

Ryan VanGrack, vice chair and head of corporate affairs at Coinbase, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss Coinbase taking the first regulatory step toward letting US investors make leveraged, round-the-clock bets on stocks without owning them. VanGrack also talked about US regulation and Anthony Armstrong joining Coinbase.

Bloomberg's Mark Gurman said that the foldable phone expected to be announced by Apple this week has been 'a long time coming' for the company after Tim Cook took inspiration from similar phones he saw on a 2020 trip to Asia. Gurman said that the stakes for Apple's new product releases are high because every issue a new product has could be detrimental to the brand and its reputation.