Rest Super appeals Dexus forced airport stake sale
Rest Super has appealed a court ruling forcing the sale of its 4.5% Melbourne Airport stake managed by Dexus (ASX:DXS).
Rest Super has appealed a court ruling forcing the sale of its 4.5% Melbourne Airport stake managed by Dexus (ASX:DXS).
BHP (ASX:BHP) confirmed that total cost blowouts for the first two stages of its Jansen Potash Project have risen to US$4.7 billion
Joel Montaniel, Co-Founder and CEO of SevenRooms, discussed the company's new platform, Channel Connect, which aims to simplify reservation management for restaurants by consolidating bookings from multiple channels into a single system. Unlike the hotel industry, where centralized booking systems are common, restaurants currently manage reservations across various apps and platforms, often using multiple devices, creating operational challenges. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up. Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up.
Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Julie Averill, former CIO of Lululemon, REI, and Nordstrom, discusses this shift in the context of her new book, "Chief Impact Officer," which offers a fresh perspective on leadership amid the ongoing technological revolution. Averill brings her extensive experience scaling Lululemon's revenue to over $10 billion to the conversation, emphasizing the critical role of AI adoption in maintaining job security and driving organizational impact. She speaks with Romaine Bostick & Katie Greifeld on "The Close."
Charlie Giancarlo, CEO of Everpure discusses what he sees as the evolution for companies using apps to a unified data environment.
George Gatch, CEO of JPMorgan Asset Management, discussed the current excitement surrounding mega-cap initial public offerings (IPOs) in the technology sector. He emphasized the strong innovation and investment opportunities these IPOs present, describing the trend as a 'rising tide that is lifting all boats.' He speaks with Romaine Bostick & Katie Greifeld on "The Close."
Bloomberg Economics Anna Andrade joins Scarlet Fu on "Real Yield." The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was "encouraging," even while two of the nine policymakers voted for an immediate quarter-point hike over concerns of persistent inflation.
Liz Muller, Co-Founder and CEO of Deep Fission AND Will Wade, Bloomberg News Energy Reporter join Bloomberg Businessweek Daily to discuss Deep Fission's Nasdaq trading debut and the states of the nuclear industry in the US. Nuclear has regained public support in the AI era. The fuel source is capable of delivering 24/7 power on its own, unlike wind and solar. But while small modular reactors have tantalized hyperscalers and governments hoping to win the AI race, the technology has yet to break through on electric grids.
Nicole Pullen Ross, Northeast Region Head & Head of Sports and Entertainment Solutions at Goldman Sachs, discusses the evolving landscape of US sports and the athletes driving their growing popularity. She highlighted her role in creating a division at Goldman Sachs dedicated to helping professional athletes manage their wealth by applying strategies typically used by C-suite executives. she speaks with Romaine Bostick & Katie Greifeld on "The Close."
Jamie Patton, co-head of global rates at TCW, and Mark Cabana, co-head of global rates research at BofA Securities, join Scarlet Fu on "Real Yield." Federal Reserve Chairman Kevin Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year.