Meta Could Cut 20% of Jobs, Reuters Says
Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports.
Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports.
Ireland sits at the center of US tech, pharma and investment flows into Europe. So how are geopolitical tensions, tariffs and AI investment shaping that relationship? Peter Burke, Ireland's Minister for Enterprise, Tourism and Employment joined Bloomberg Open Interest with insight.
Geopolitics, market volatility, and the rise of AI are all colliding with shareholder activism this year. What it means for proxy fights, dealmaking, and the pressure on corporate boards is coming into focus. Kai Liekefett, Co-Chair of Shareholder Activism Practice at Sidley joined Bloomberg Open Interest to talk about why activists may be holding back and what's building beneath the surface.
A tense exchange on the cost of the Iran conflict. Bloomberg Open Interest presses House Ways & Means Chair Jason Smith on rising gas prices, war spending, and what short-term military action actually means.
Tina Fordham, the Founder and Geopolitical Strategist of Fordham Global Foresight joined Bloomberg Open Interest with a geopolitical warning. She says expectations for a short conflict with Iran are a "fat chance." She argues rising oil prices and eased sanctions could actually boost Russia and Iran, while the White House still hasn't clearly defined its endgame.
International Energy Agency Executive Director Fatih Birol said on Monday that the agency still has a lot of stocks left that could be released if necessary. He added that IEA's actions had additional barrels of oil flowing to the market in Asia.
Meta will pay as much as $27 billion over the next five years to access artificial intelligence infrastructure from Nebius Group. Ed Ludlow reports on Bloomberg Television.
David Seif of Nomura Securities International says he doesn't think Federal Reserve Chair Jerome Powell will stay on until the end of his term in 2028, but he could stick around just long enough complicate succession plans for President Donald Trump. Seif speaks on Bloomberg Surveillance.
Lori Calvasina, RBC Capital Markets head of US equity strategy, says that although a market correction is possible she does not have a bearish outlook. She speaks on "Bloomberg Open Interest."
Federal Reserve officials are widely expected to hold interest rates steady at their meeting on Wednesday due to uncertainty from the war in the Middle East. This will be the first time we hear from Chair Jerome Powell since the US-Israel war with Iran started. Bloomberg's Enda Curran reports.
Zenas BioPharma (NASDAQ:ZBIO) announced its full-year 2025 financial results on March 16, 2026, marking a pivotal year that has positioned the Waltham, Massachusetts-based biotech for its first potential product launch.
Bloomberg Opinion columnist, Adrian Wooldridge, discusses his new book 'Centrists of the World Unite! The Lost Genius of Liberalism'. He argues the 250th anniversary of the Declaration of Independence comes at a worrying moment in American history, with fundamental liberal principles under attack from illiberal forces on both the right and the left. The US, argues Wooldridge, should renew its faith in its founding liberal principles to tackle the challenges ahead. He was speaking on Bloomberg's The Pulse with Francine Lacqua.