Iran denies talks as Bitcoin stalls near $70K
Bitcoin hovered around $70,000 as markets reacted to conflicting statements from Washington and Tehran regarding potential progress in easing geopolitical tensions.
Bitcoin hovered around $70,000 as markets reacted to conflicting statements from Washington and Tehran regarding potential progress in easing geopolitical tensions.
Downtown Atlanta once stood at the center of the city's cultural and economic life. After decades of decline, a $5 billion redevelopment project called Centennial Yards aims to transform a stretch of underused land known as "the gulch" into a new 50-acre hub for housing, entertainment and business. With the 2026 FIFA World Cup approaching and billions of dollars on the line, can this ambitious bet bring life back to the heart of Atlanta?
Applied Intuition CTO Peter Ludwig joins Bloomberg Businessweek Daily, speaking with Bloomberg Tech Co-Hosts Ed Ludlow and Caroline Hyde, to discuss the company's role in the tech and defense spaces. Ludwig speaks about so-called "physical AI" and its implementation with autos and defense tech like drones and drone swarming. He also weighs in on the recent ethical debate about technology's use cases in the military.
Wilbur Ross, former US Commerce Secretary and Ross Acquisition Corp. Chairman, President and CEO, joins Bloomberg Businessweek Daily to discuss the ongoing war in Iran, saying that as a consequence, "China and Russia are on notice." Ross adds that in his view, the events in Iran so far have gone better than expected, saying that the US knocked out Iranian defense mechanisms "pretty quickly. Iran is essentially defenseless against our attack." Ross speaks with Carol Massar and Tim Stenovec.
Iran's biggest Gulf Arab neighbors are considering joining the US-Israeli war against Iran, and could be pushed to if Tehran attacks their critical infrastructure, according to several people with knowledge of the situation. The Gulf's most powerful states, Saudi Arabia and the United Arab Emirates, in particular, are losing patience with Iranian strikes that have already hit ports, energy facilities and airports, said these people, who requested anonymity in order to speak freely. But they would only join the war if Tehran makes good on its threats to attack vital Gulf power and water infrastructure a high threshold, the people added. Ray Takeyh, Senior Fellow for Middle East Studies at the Council on Foreign Relations, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Emmy Award-winning producer & writer Kenya Barris and Revolt CEO Detavio Samuels discuss the launch of a new creator studio, some of their favorite creators right now including Druski, Kai Cenat, and IShowSpeed, and the new Netflix model. They sit down with Romaine Bostick on "The Close."
As investors in private credit funds rush for the exits, Cliffwater has become one of the biggest question marks in the $1.8 trillion industry. The worry isn't so much that private loans will go bad all at once and crush the funds where Cliffwater has invested. It's that antsy investors will keep asking for money back, prompting Cliffwater to dash for cash itself instigating a vicious circle of redemptions and markdowns. Concerns center around the $33 billion Cliffwater Corporate Lending Fund, the largest of its kind in private credit. Bloomberg News Leveraged Finance reporters Ellen DiMauro and Olivia Fishlow join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.
DVx Ventures CEO & Former Tesla President Jon McNeill discusses his new book, "The Algorithm," which details the hypergrowth formula behind some of the fastest growing companies, and why you don't have to be Elon Musk to drive innovation. He talks with Katie Greifeld and Romaine Bostick on "The Close."
Tribeca Enterprises CEO Rebecca Glashow and Actor & Tribeca X Headline Speaker Cedric the Entertainer sit down with Romaine Bostick to discuss Tribeca X and the evolution of the Tribeca Film Festival.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
Khosla Ventures founder Vinod Khosla says Nvidia selling chips to China may be good for its business, "it doesn't mean it's good for America" long-term. He joins Ed Ludlow and Caroline Hyde on the sidelines of the Hill and Valley Forum to discuss the US's need to fill the AI "vacuum" before China does.
Cameco President and Chief Operating Officer Grant Isaac discusses rising uranium demand and the potential impact of NexGen's Rook Project with Bloomberg's Julie Fine at CERAWeek in Houston.
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