Intelligence Feed
M 3.8 - 11 km NW of Summerlin South, Nevada
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Find Out Scarlet and Tom's Must-Read Books
Scarlet Fu and Tom Keene discuss their must-read books on the debut episode of "Bloomberg Money." (Source: Bloomberg)
Lawmakers move to require chaperones for ‘sensitive’ appointments in military health system
Under the provision, a trained third party would have to be present for exams conducted by obstetrician-gynecologists at military treatment facilities.
These Market Dips Are 'Buying Opportunities' Says John Flood
Natalia Kniazhevich, Bloomberg News Equities Reporter and John Flood, Goldman Sachs Partner and Head of Americas Equities Execution Services join Bloomberg Businessweek Daily to discuss the markets and investors should be thinking about on days when the markets are volatile. Wall
New York Summer Camp Charging $16,750 Files for Bankruptcy
Simad Holdings, the operator of youth sleep-away camps in the Northeast including a popular retreat in New York’s Catskill mountains charging $16,750 for the summer, has filed for bankruptcy.
Pelican Products Make Big Bet On Defense
Pelican Products CEO JC Curleigh joins Open Interest to talk about how the iconic protective case maker is finding fresh momentum in defense, as drones reshape military logistics. He details why Pelican is partnering earlier with defense innovators, how US factories are scaling p
Gabriela Santos on How to Start $800K Savings Plan
Gabriela Santos, chief market strategist for the Americas at JPMorgan Asset Management , joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)
Cash Isn't Always King: JPMorgan's Santos
Gabriela Santos, chief market strategist for the Americas at JPMorgan Asset Management, joins Scarlet Fu and Tom Keene on "Bloomberg Money." (Source: Bloomberg)
Anthropic urges AI labs to pause, warns humans risk losing control
It warned that rapid advances in technology could soon allow AI systems to improve themselves faster than human control.
Nasdaq tumbles 4% as shares in chip and memory groups sink
Rising expectations of Federal Reserve rate rise send US bond yields rising sharply
Investors boost bets for Fed rate rise after bumper US jobs report
World’s biggest economy adds 172,000 jobs in May in sign labour market is ‘turning the corner’
Judge strikes down Trump bar on asylum, visa processing for 39 countries
Judge says restrictions put lives of immigrants in 'indeterminate legal limbo', motivated by 'anti-immigrant sentiment'.
Is the latest US ceasefire deal for Lebanon meaningless?
Israel and Hezbollah continue fighting after truce announcement.
AI companies have a responsibility to safeguard models against exploitation, Pentagon chief technology officer says
After Trump's recent executive order on AI, Emil Michael said that the weaponization of models is concerning.
Huge fire erupts at Honda warehouse in Barcelona
Around 150 workers were evacuated after a fire broke out at a Honda industrial warehouse in Barcelona.
House panel votes to reinstate non-Confederate base names and adopt ‘Department of War’
The House advanced a measure to return the names of nine U.S. military bases to those recommended by a congressional commission in 2023.
Why Ivanka’s Albanian Dream is a Protestors Nightmare
Erisa Kryeziu is an Albanian journalist for the independent media outlet Citizens.AL, based in Albania.
Ukraine: Dear Putin, Lebanon: A Crude Call, Colombia's 'Tiger'
In a week where a renewed ceasefire was proclaimed between Israel and Lebanon, a deal that hinges on the complete cessation of attacks from the Iranian backed militants Hezbollah and withdrawal from the south of the country.
Putin says there is 'no point' meeting Zelensky over ending Ukraine war
The Russian president's refusal comes after his Ukrainian counterpart wrote an open letter calling for face-to-face talks.
Trump admin’s cancellation of wind energy projects causes business turmoil
Seven northeastern states have sued US gov't for paying TotalEnergies to withdraw from offshore wind projects.
M 4.6 - 6 km WNW of Kahaluu-Keauhou, Hawaii
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Regional Leaders Back Taliban Trade Ties While EU Holds the Line
Top level officials from Central and South Asia convened in Tashkent on June 4 to discuss regional trade and connectivity under a format known as the Termez Dialogue. Participants were unanimous in seeing a strategic need to weave Afghanistan into regional trade networks, but dis
A message from Normandy, 82 years later
In remembrance of eight U.S. service members who received the Congressional Medal of Honor for their actions during the D-Day assault and the Normandy campaign that followed.
SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels
The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill. Companies that borrowed crude from the SPR during the conflict will return those
US Drillers Continue to Add Oil Rigs
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 563, up 4 from this same time last year. The number of active oil rigs rose by 2 to
Navy lifts price ceiling for new trainer jet
The Navy updated the price ceiling to $2.7 billion in May, up from roughly $1.8 billion.
Bank of England Official Says Oil Crisis Clouds Rate Outlook
The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of England policymaker Swati Dhingra on Friday, as the ongoing Middle East energy crisis continues to complicate t
Pentagon must divulge cost of Iran war under House proposal
A measure advanced Friday would require the DoD to report on the total financial cost of operations in Iran, including damaged or destroyed U.S. property.
Under ‘Drone Dominance’ push, Pentagon begins receiving small drones
So far, the department has ordered 20,000 small, FPV-style drones from 10 vendors.
S&P Rejects Fast Entry for SpaceX, Delaying $14B in Passive Inflows
Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion worth of inflows. It turns out that that is not going to happen 6 months after