Bloomberg News and Videos — Page 335

The rush to build AI data centers is drawing trillions of dollars in investment and long-term bets from infrastructure firms such as DigitalBridge. But in communities where those facilities are being built, residents and officials are raising concerns about electricity costs, water use, noise, transparency and who bears the risk if demand falls short. Michigan Attorney General Dana Nessel is challenging approval of a major data center project near Ann Arbor, arguing that ratepayers deserve more transparency about contracts and potential costs. DigitalBridge CEO Marc Ganzi says the industry can navigate the backlash, but only by working with local communities and showing how the benefits outweigh the burdens.

Attorney General Ken Paxton benefited from a late endorsement from President Donald Trump and enthusiasm from Republicans' MAGA voters to a historic blowout victory in the Senate primary runoff over incumbent John Cornyn. Bloomberg News Texas Bureau Chief Julie Fine and The New York Times Texas Bureau Chief David Goodman joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss how hard will the Republican establishment rally behind him after backing Cornyn in a bitter campaign that burned through more than $100 million? Many GOP leaders had argued that Paxton would be a weaker nominee because of his past legal and personal woes. But Senator Ted Cruz and Governor Greg Abbott quickly came out with statements supporting him. His opponent in November will be James Talarico, who's been building his war chest since winning the Democratic primary outright in March.

Travel restrictions and border closures are hindering the response to Ebola as aid workers say they are battling to get to some of the areas where the outbreak has been the most vicious. Former Center of Disease Control and Prevention Director Dr. Tom Frieden joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss.

A White House plan to rapidly repeal regulations has flopped, with just a handful of rules dumped via the expanded use of an administrative shortcut since a widespread review effort was ordered more than a year ago. Bloomberg Law Principal Legal Reporter Robert Iafolla joined David Gura and Christina Ruffini on Bloomberg This weekend to discuss.

Bloomberg Intelligence Global Head of Technology Research Mandeep Singh joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss so-called "legacy" tech companies like Dell, Intel and Nokia seeing their stocks surge as they turn to AI.

US Defense Secretary Pete Hegseth praised defense allies in Asia and hailed newly stable ties with China, while taking swipes at longstanding security partners in Europe. Bloomberg's Singapore Editor-At-Large Haslinda Amin joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss the comments Hegseth made Saturday at an Asia security forum in Singapore, which are the latest sign of the Trump administration shifting attention toward the Indo-Pacific while expressing antagonism toward Europe and the NATO alliance.

As political uncertainty grows in the United Kingdom, investors are increasingly focused on the country's fiscal outlook and rising government borrowing costs. Bloomberg Opinion Columnist John Authers says concerns over spending, debt, and political instability are pushing gilt yields higher, reviving memories of past market crises that helped topple governments from Harold Wilson to Liz Truss. With Britain's debt burden elevated and both major parties under pressure to spend more, the bond market is increasingly shaping the limits of economic policy. Authers argues the UK may be confronting fiscal pressures earlier than other advanced economies, offering a warning about the broader risks facing heavily indebted governments worldwide.

South Korea's Hanwha Aerospace is increasing weapons manufacturing at home, and expanding operations in Europe and the US. The company's Global Chief Strategy Officer, Alex Wong spoke with Bloomberg's Haslinda Amin on the sidelines of the Shangri-La Dialogue, Asia's premier defense summit.

Cui Tiankai, a former Chinese ambassador to the US, explains how the US and China should work toward "constructive strategic stability." Cui, who's also a former vice minister of foreign affairs for China, speaks to Bloomberg on the sidelines of the Shangri-La Dialogue in Singapore.

Malaysian defense chief Mohamed Khaled Nordin told Bloomberg that the country will not rush to increase its defence budget despite US pressure for partners to become more self-reliant. Khaled spoke with Haslinda Amin in an exclusive interview at Asia's premier defense summit, the Shangri-La Dialogue.