Teva Pharmaceuticals President & CEO Richard Francis, discusses why Teva chose to make the change now and what will be different for investors as the shares move from ADRs to direct NYSE trading. He speaks with Romaine Bostick & Isabelle Lee on "The Close."
The Lincoln Center in NYC has welcomed 600,000 new audience members in the years since the COVID-19 pandemic, offering free of low-cost performances to attract new audiences. Chief Artistic Officer Shanta Thake shares what is on schedule for the Lincoln Center's fall programming, and why she thinks the institution has thrived in the live performance and arts space for so many decades.
Kate Smaje of McKinsey says the recent wave of warnings from AI leaders and researchers about slowing development is an important debate, especially around AGI, risk, pace, and patience. But she says the conversation inside boardrooms is different: executives who have already invested heavily in AI are now focused on whether those tools can scale, deliver profitability, and remain sustainable. She speaks with Romaine Bostick & Isabelle Lee on "The Close."
Cloudflare CEO and Co-Founder Matthew Prince sits down with Bloomberg's Romaine Bostick to discuss AI's potential vulnerability, what's behind the bot traffic increase and if he agrees with Anthropic's Dario Amodei's warning.
Katie Palencsar and Stacy London join Bloomberg's Romaine Bostick on The Close to discuss the launch of their end-to-end wardrobe management company, Starmoire.
A new Bloomberg Economics report estimates that advanced economies have 27% of employment meaningfully exposed to the first-order effects of AI. Chief Economist Tom Orlik breaks down the new study, which breaks down which jobs and tasks AI can takeover, and how they got to the number of 380 million jobs that may eventually be significantly impacted by new technology.
David Sacks, chair of the President's Council of Advisors on Science & Technology, says Anthropic and OpenAI should slow development of their most advanced AI models if they believe the technology poses serious risks, but argues they don't need new regulation to do it. He pushes back against calls for antitrust exemptions and a broader regulatory framework, saying today's frontier AI labs are setting the frontier themselves and do not need "anyone else's permission." He also underlines that any approach must account for competition with China, which is unlikely to join a global agreement to slow down AI development. He speaks to Bloomberg's Ed Ludlow.
Sam Huszczo, founder & CIO of SGH Wealth Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss how investors might be getting a bit overconfident amid this bull market.
Bloomberg's Isabelle Lee joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." A corner of the ETF market drawing regulatory scrutiny is pushing for still shorter-term speculation. Defiance ETFs has submitted paperwork to the US Securities and Exchange Commission for a series of leveraged funds that would seek to double the moves of some individual stocks over periods measured in just hours, rather than days.
David van Adelsberg, founding partner & CEO at Irrational Capital, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Harbor Human Capital Factor US Large Cap ETF (ticker: HAPI), which tracks companies based on the happiness of their employees.
Bank of America chairman and CEO Brian Moynihan said that it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously as leaders raise the alarm about the pace of innovation and potential ramifications. Moynihan, talking to Bloomberg's Dani Burger, said that he expects trading to be 'relatively flat' in the third quarter compared to last year.
Bloomberg's Mike Shepard said that the White House doesn't want anything to upset the current AI agenda because the Trump administration has made it the centerpiece of its economic agenda, even as AI leaders are sounding the alarm about risks in the pace of development.
