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Bloomberg
Financial

Puerto Rico Rations Water as Drought Deepens

More than 180,000 customers in Puerto Rico are facing rotating 48-hour water outages as severe drought compounds longstanding problems with the island's water infrastructure. Resident Commissioner Representative Pablo José Hernández joins David Gura and Christina Ruffini on Bloomberg This Weekend and calls for a federal emergency declaration to unlock additional assistance and said poor management has worsened the crisis, while arguing Puerto Rico must also hold local officials accountable.

Leia mais: Puerto Rico Rations Water as Drought Deepens
Bloomberg
Financial

Iran Talks Offer Little Relief for Hormuz Shipping

Iran and Oman are still discussing a temporary arrangement for shipping through the Strait of Hormuz, but attacks on regional energy infrastructure and major disagreements over transit rules are complicating negotiations. Bloomberg News White House Correspondent Skylar Woodhouse and Bloomberg News Middle East Correspondent Abeer Abu Omar join Bloomberg This Weekend and explain to hosts David Gura and Christina Ruffini that even with an agreement, shipowners and traders expect it could take weeks or months for oil flows to approach normal levels.

Leia mais: Iran Talks Offer Little Relief for Hormuz Shipping
Grafa
Percepções

Checking out Down Under: Why corporate Aussie giants are shipping support roles overseas

  • Coles Group confirmed plans to shift up to 1,000 back-office roles to India through a multi-year partnership with Accenture.
  • Corporate overhead costs and multi-million-dollar technology investments are driving major ASX-listed firms to target lower international labour expenses.
  • Offshoring strategies face rising competition from global digital platforms like Amazon alongside public backlash over local job losses.
Leia mais: Checking out Down Under: Why corporate Aussie giants are shipping support roles overseas
Bloomberg
Financial

LIV Golf Tries to Survive Without Saudi Billions

LIV Golf is seeking fresh investments as it prepares to cut purses and move away from the huge guaranteed payments that helped it lure some of golf's biggest stars. Author of "LIV or Let Die" Alan Shipnuck is on Bloomberg This Weekend to explain that the league's future may depend on retaining players including Jon Rahm and Bryson DeChambeau while proving it can attract enough fans and revenue to operate with less financial support from Saudi Arabia.

Leia mais: LIV Golf Tries to Survive Without Saudi Billions
Bloomberg
Financial

US Munitions Strain Complicates Iran Strategy

The US remains outside formal negotiations with Iran as Oman and Tehran discuss arrangements for the Strait of Hormuz, leaving the diplomatic path uncertain and raising the possibility of renewed fighting. Joining Bloomberg This Weekend, Bloomberg News White House & National Security Editor Michelle Jamrisko explains to David Gura and Christina Ruffini that strains on US munitions supplies are complicating Washington's options, with the Pentagon pushing defense contractors to accelerate production while balancing weapons needs across Iran, Ukraine and other potential conflicts.

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Bloomberg
Financial

Hunting Camo Moves From the Woods to Runways

Hunting camouflage has moved from the woods into mainstream fashion, fueled by demand for vintage workwear and rural American aesthetics. Bloomberg Weekend Senior Features Writer Madison Darbyshire is on Bloomberg This Weekend to explain how the trend has reached streetwear and luxury fashion, where inexpensive hunting gear can inspire pieces costing thousands of dollars and give urban consumers a way to adopt the imagery of traditional masculinity and blue-collar culture.

Leia mais: Hunting Camo Moves From the Woods to Runways
Bloomberg
Financial

University of California Faculty Push to Bring Back SAT and ACT Score Consideration

Thousands of University of California faculty members are pushing the system to reconsider its test free admissions policy, arguing that SAT and ACT scores could help identify students prepared for college-level work as concerns grow about grade inflation and AI use. Bloomberg News Education Policy Reporter Liam Knox explains to hosts David Gura and Christina Ruffini that the university has launched a faculty-led review, but opponents argue standardized tests can reinforce socioeconomic disparities, and UC says no change will affect students applying for fall 2027 admission.

Leia mais: University of California Faculty Push to Bring Back SAT and ACT Score Consideration
Bloomberg
Financial

CEO Greg Abel Starts Making His Mark at Berkshire

Berkshire Hathaway stepped up spending under CEO Greg Abel, repurchasing about $4.5 billion of its shares while deploying billions more into investments. Bloomberg Intelligence and Senior P&C Insurance Equity Analyst Matthew Palazola is on Bloomberg This Weekend explaining to hosts David Gura and Christina Ruffini that Abel appears more focused on operations and putting Berkshire's enormous cash reserves to work, marking an early shift from Warren Buffett's final years at the helm.

Leia mais: CEO Greg Abel Starts Making His Mark at Berkshire
Bloomberg
Financial

AI Buildout Keeps Quinlan Bullish on US Stocks

Merrill & Bank of America Head of Market Strategy Joe Quinlan is on Bloomberg This Weekend to give his reaction to the July jobs report. Quinlan explains to hosts David Gura and Christina Ruffini that the US economy remains resilient despite the weak July jobs data, pointing to continued hiring in construction and health care and investment tied to AI.

Leia mais: AI Buildout Keeps Quinlan Bullish on US Stocks
Bloomberg
Financial

Ceuta Migrant Surge Exposes Morocco's Economic Strain

More than 70,000 people, mostly Moroccans, crossed into Spain's North African enclave of Ceuta in a mass migration surge fueled by economic frustration and amplified by social media. Senior Researcher at Oxford University Centre on Migration, Policy & Society Myriam Cherti is on Bloomberg This Weekend to discuss the unusual influx of those looking to cross.

Leia mais: Ceuta Migrant Surge Exposes Morocco's Economic Strain