Bloomberg News and Videos — Page 683

A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports.

FedEx President and CEO Raj Subramaniam says the company's investment in AI and data analytics is helping optimize its network and create new services without replacing human delivery jobs. Subramaniam is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded April 29 at the Economic Club of Washington.

Tammy Kiely, senior managing director in technology investment banking at Evercore Inc., and Wally Cheng, Morgan Stanley's head of global technology M&A, discuss the outlook for dealmaking in the artificial intelligence sector. They speak with Dani Burger on ``Bloomberg Deals.''

Jean Salata, chair of EQT Group, joins Dani Burger on "Bloomberg Deals." EQT manages around $310 billion in assets. EQT this week won the mandate to manage a new EU fund for investing in quantum computing, artificial intelligence and other deep tech companies.

Tammy Kiely, senior managing director in technology investment banking at Evercore, and Wally Cheng, head of global technology M&A at Morgan Stanley, join Dani Burger on "Bloomberg Deals.

Bloomberg's Olivia Fishlow joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Federal prosecutors are scrutinizing valuation practices at a BlackRock private credit fund, according to people with knowledge of the matter.

Iran warned it would retaliate beyond the Middle East if the US or Israel attacks it again, following renewed threats from President Donald Trump. Rachel Whitlark, Georgia Tech Sam Nunn School of International Affairs Associate Professor joins Balance of Power to discuss.

Bloomberg's Randall Williams joins Dani Burger on "Bloomberg Deals." The Cleveland Browns said it sold a stake to Arctos Partners. The total investment is said to be for 10% of the club at a valuation of more than $9 billion, according to people familiar with the matter.

Doug Ostrover, the billionaire co-founder of Blue Owl Capital is unloading his stake in the NFL's Washington Commanders. Also, Tech billionaire Michael Dell and Hollywood superagent Ari Emanuel are among a group of investors purchasing a minority stake in the Las Vegas Raiders football team. Scarlet Fu reports on "Bloomberg Deals."

OpenAI is preparing to file for an initial public offering in the coming weeks and is targeting a public debut sometime in the fall. The exact timing remains uncertain. The ChatGPT creator, co-founded by Sam Altman, is one of the world's most valuable and powerful AI companies. Bloomberg's Ed Ludlow has all the details.