Wells Fargo CFO Sees Growth Across Business Lines
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."
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.
Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink. Bloomberg's Michelle Davis reports.
Rolls-Royce's CEO Chris Brownridge reveals how an ultra-limited luxury car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. Project Nightingale is estimated to cost $3.5 million, and only 100 will be made.
Rolls-Royce's CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era of luxury where scarcity and storytelling matter just as much as the vehicle itself. This hyper-luxury motorcar is designed for an exclusive group of 100 clients who have been deeply involved in the creation process, ensuring a highly personalized and rare automobile.
A shocking airline mega-merger proposal could reshape global aviation. Bloomberg's Benedikt Kammel joined Bloomberg Open Interest to break down United's bold pitch to merge with American Airlines, why crisis conditions are driving consolidation, and why US travelers pay far more than Europeans for flights.