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Jeni's Splendid Ice Creams Founder on New Fiber Company

Jeni Britton, founder of Jeni's Splendid Ice Creams and now Founder and CEO of Floura, discussed her shift from ice cream to fiber-based snacks made from produce trim like apple cores, watermelon rinds, mango and pineapple rinds. Britton highlighted Starbucks as an important validation point for the young company, saying the placement gives Floura higher visibility and credibility as it expands beyond its direct-to-consumer roots. She speaks with Romaine Bostick on "The Close."

Leia mais: Jeni's Splendid Ice Creams Founder on New Fiber Company
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LuxExperience CEO on Luxury Retail Customer Resiliency

Michael Kliger, CEO of LuxExperience, said the luxury market is becoming increasingly polarized, with affluent customers continuing to spend heavily while middle-class shoppers pull back under inflationary pressure. He said the company is less concerned about total active customers, which are around 900,000, than about growing the small group of top customers that generate a disproportionate share of sales. He speaks with Romaine Bostick on "The Close."

Leia mais: LuxExperience CEO on Luxury Retail Customer Resiliency
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Saudi Pivots Oil Routes After Pipeline Attack

Saudi Arabia is ramping up prompt sales of crude from outside the Strait of Hormuz following the shutdown of the kingdom's East-West pipeline, which halted cross-country flows to its Red Sea coast. The sale helped attribute to a fall in oil prices as physical markets cooled from recent peaks as traders bet some Middle East supply outages would be short-lived. Noam Raydan, William Sudhaus Senior Fellow at the Washington Institute, joins Bloomberg Businessweek to discuss why the Saudi pipeline is so crucial and what the attack on the pipeline could mean for the broader Saudi oil industry.

Leia mais: Saudi Pivots Oil Routes After Pipeline Attack
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UN Must Unlock Its Doors to AI Industry: UNGA President

United Nations General Assembly president Khalilur Rahman speaks with Bloomberg's Romaine Bostick. This week United Nations Secretary General said nations must coordinate global efforts to regulate AI, echoing calls for closer monitoring of the technology after warnings from leaders of the world's top firms. The comments come days before world leaders descend on New York for the UNGA's annual high-level week.

Leia mais: UN Must Unlock Its Doors to AI Industry: UNGA President
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OpenAI Reports New Safety Incidents, Sets Disclosure Plan

Bloomberg News AI reporter Shirin Ghaffary said that recent disclosures of AI safety incidents at OpenAI are a 'watershed moment' in the public understanding of AI risks as models get more powerful and employees issue warnings. Ghaffary said that getting AI models to align with companies intended goals is an ongoing issue and a the fact that it hasn't been solved yet amid rising AI integration is a 'big, big problem.'

Leia mais: OpenAI Reports New Safety Incidents, Sets Disclosure Plan
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Yardeni on Cutting His S&P Outlook, Fed, Oil Prices

Ed Yardeni, one of the biggest stock bulls on Wall Street, talks about why he's slashing his year-end forecast for the S&P 500 Index to 7,900 from 8,400. He also says the Federal Reserve could raise interest rates two more times this year. Yardeni says Iran is likely to wreak havoc and keep oil prices elevated. He speaks on "Bloomberg Surveillance."

Leia mais: Yardeni on Cutting His S&P Outlook, Fed, Oil Prices
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Rockefeller Foundation Poll Shows Economic Optimism Down Across Globe

Rajiv Shah, President of the Rockefeller Foundation, said that the foundation's recent poll shows there is a 'big disconnect' between what people want and what they feel they're getting from their leaders across the world. Shah said that the United States' standing has also fallen internationally as the Trump administration pulled back on deploying international humanitarian aid.

Leia mais: Rockefeller Foundation Poll Shows Economic Optimism Down Across Globe