Port of Los Angeles Director Gene Seroka says the impact of the Strait of Hormuz closure will be felt for months and he says costs will likely be passed on to consumers. He speaks on "Bloomberg Surveillance."
Los Angeles Mayor Karen Bass discusses the current state of gas prices and unemployment and plans to keep the filming industry in the city. She also discusses working with Casey Wasserman for the 2028 olympics, and as the World Cup comes to California the mayor sees it as an economic boom. She speaks with David Gura and Katie Greifeld on "The Close."
One Beverly Hills has secured $4.3 billion of construction financing in a land development project spanning 17.5 acres in Beverly Hills, with the first phases expected to be completed ahead of the 2028 Los Angeles Olympics. Jonathan Goldstein, Chief Executive Officer of Cain, the project's lead developer, discusses the development, and the future of luxury real estate. He talks with romaine Bostick and Katie Greifeld on "The Close."
