Bloomberg News and Videos — Page 757

The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027.

Global investors are pouring money into commercial wineries in and around Cape Town, even as wine sales slow worldwide. French, German, and Norwegian consortiums are buying into one of the few wine-producing regions where vineyard prices are still climbing. Bloomberg's Jennifer Zabasajja reports.

Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices outweighed production outages from the Iran war. Bloomberg Opinion Energy and Commodities Columnist joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Actor Ben McKenzie, known for his role in The OC, discusses his transition from acting to investigating cryptocurrency through a new film he wrote and directed: Everyone Is Lying to You for Money. McKenzie explains to Bloomberg This Weekend's David Gura and Christina Ruffini he was motivated by pandemic boredom and a suggestion to buy Bitcoin.

Telegraph Senior Foreign Correspondent Adrian Blomfield provided an on-the-ground, and on the water, report from the Strait of Hormuz. Blomfield joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how Iran maintains its blockade despite losing much of its naval forces.

President Donald Trump expressed displeasure with the current state of negotiations with Iran but stopped short of threatening fresh military action in the nine-week conflict that's triggered a global energy crisis. Bloomberg News, Managing Editor, Middle East & Africa Paul Wallace, Bloomberg Economics Defense Lead Becca Wasser and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Generative AI has turned coding from a specialized skill into something anyone can do with a simple prompt. A warehouse owner is revolutionizing his shipping software with AI and a creative designer vibe coded her first app with zero technical experience. Computer programmers are doing it too, but a director at Google Cloud AI says vibe coding does not mean the end of serious engineering. As professionals and hobbyists alike are writing code with AI, hiring for junior developers is falling fast and researchers warn companies are making a dangerous short-term bet.

Formula One racing returns to Miami this weekend, with the fourth leg in the world championship speeding through south Florida. Bloomberg Hot Pursuit Co-hosts Matt Miller and Hannah Elliott join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss all things F1.

Berkshire Hathaway Inc.'s cash pile jumped to its highest level ever, reaching $397 billion, inGreg Abel's first quarter as chief executive officer. Bloomberg Intelligence Senior Analyst Matthew Palazola joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.