Bloomberg Businessweek

Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

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    Charlie Kirk Killing Suspect Arrested on Murder, Weapon Offenses

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The man accused of killing of conservative activist Charlie Kirk— identified as Tyler Robinson — was arrested on suspicion of murder and weapons offenses.Robinson is being held in county jail in Utah without bail, according to court documents. He was arrested by law enforcement, after a family member alerted authorities that he had confessed, or at least implied involvement, in the killing, Utah Governor Spencer Cox said Friday.No formal charges have been filed against Robinson, but authorities in Utah said they intend to file them early next week.Kirk, 31, executive director of Turning Point USA and a close ally of President Donald Trump, was shot in the neck Sept. 10 as he spoke at an outdoor student event before a crowd of more than 3,000 at Utah Valley University in Orem, about 40 miles (64 kilometers) south of Salt Lake City. He was pronounced dead at a local hospital.Today's show features: Bloomberg News Senior White House Correspondent Josh Wingrove on Charlie Kirk’s role in the US conservative movement and the US urging G-7 sanctions on Russian oil Axel Merk, President and Chief Investment Officer of Merk Investments on the gold market boom Bloomberg Tech Co-Host Ed Ludlow on takeaways from his interview with Tesla Board Chair Robyn Denholm Alan Lancz, Director of Research at LanczGlobal on stock picks and Friday's late-day market fade See omnystudio.com/listener for privacy information.

    37 min
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    Police Hunt for Killer of Conservative Activist Charlie Kirk

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.A search is underway for the killer of Charlie Kirk, a conservative activist and close ally of President Donald Trump who was fatally shot Wednesday at a Utah university.Kirk, executive director of the Turning Point USA advocacy group, was speaking at an outdoor event before a crowd at Utah Valley University when a single shot was fired from a nearby building, according to local police. Governor Spencer Cox described it as a “political assassination.”A person of interest was taken into custody and later released, FBI director Kash Patel said in social media posts, later tweeting that the FBI is seeking information, video and photos to help find the killer.The shooting, the latest in a spate of political violence in the US, drew an outpouring of shock and condemnation from Republicans and Democrats. Kirk, 31, started Turning Point USA more than a decade ago and had turned it into one of the most influential groups helping to rally young voters to conservative causes. He leaves behind a wife and two young children.Today's show features: Congressman Gabe Amo (D-RI), on domestic security, geopolitical unrest, US economic policy and offshore power projects involving his state Bloomberg Tech Co-Host Caroline Hyde on the report that Paramount Skydance Corp. is preparing a bid for Warner Bros. Discovery Inc. Kristy Akullian, CFA, is the Head of Investment Strategy, Americas, BlackRock, on asset allocation strategies Mark F. Cancian, Colonel, USMCR (Ret.) and Senior Adviser for the Defense and Security Department at the Center for Strategic and International Studies on the changing nature of US warfare and foreign military operations   See omnystudio.com/listener for privacy information.

    37 min
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    Ellison Tops Musk as World’s Richest Man After $101 Billion Gain

    Watch Bloomberg Businessweek Daily every day on YouTube: http://bit.ly/3vTiACF.Larry Ellison has become the world’s richest person for the first time, ending Elon Musk’s nearly year-long reign in the top spot.Ellison’s fortune soared $101 billion as of 10:10 a.m. in New York after Oracle Corp. reported quarterly results that surpassed expectations and said there’s more growth to come.The increase lifted his total fortune to $393 billion, ahead of Musk who sits at $385 billion, according to the Bloomberg Billionaires Index. It’s the biggest one-day increase ever recorded by the index.Musk became the world’s richest person for the first time in 2021 before losing the title to Amazon.com Inc.’s Jeff Bezos and LVMH’s Bernard Arnault. He reclaimed it last year and had held it for just over 300 days.Ellison, 81, who co-founded Oracle and is now chairman and chief technology officer, has the bulk of his net worth tied up in the database software company.Oracle’s shares, which had already gained 45% this year through Tuesday’s close, soared 41% Wednesday after the company posted a major increase in bookings and gave an aggressive outlook for its cloud infrastructure business. It’s the company’s largest single-day surge ever.Today's show features: Bloomberg News Wealth Americas Team Leader Kristine Owram on Larry Ellison surpassing Elon Musk as the world’s richest man Bloomberg TV and Radio International Economics & Policy Correspondent Mike McKee on the US Department of Labor’s Office of Inspector General initiating a review at the Bureau of Labor Statistics and the Senate Banking Committee backing Stephen Miran for a Federal Reserve Governor post Elizabeth Renter, Senior Economist at NerdWallet, on the economic outlook and the health of the US consumer Fred Thiel, Chairman and CEO of MARA Holdings on the regulatory outlook for Bitcoin and the company’s recent progress with Bitcoin mining See omnystudio.com/listener for privacy information.

    29 min
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    Apple Debuts iPhone 17 Lineup, Including Skinnier Air Mode

    Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Apple Inc. introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology. The company unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods.  The technology giant is looking to keep customers hooked on the smartphone — its biggest moneymaker — after signs of slowing demand in recent years. Apple has been contending with a saturated market for phones as well as fiercer competition in places like China. “IPhone Air is a total game changer,” Chief Executive Officer Tim Cook said during the presentation.  Apple kept the starting price of its standard iPhone the same at $799. Though the Pro model will go up by $100, it also has twice as much storage. And the new Air version will cost $999, putting it in the middle of its price range.  The skinnier model has ceramic shields on both sides of the phone, helping make the device more durable.  The model is 5.6 millimeters wide and “exceptionally light,” the company said. Though Apple rival Samsung Electronics Co. introduced its own skinny model earlier this year — the Galaxy S25 Edge — that device is 5.8 millimeters. Today's show features:- Dan Ives, Global Head of Technology Research at Wedbush Securities, on Apple’s newest iPhone launch and the tech sector broadly- Jennifer Grancio, Global Head of ETFs at TCW on the market outlook and the demand for ETFs- Douglas Boneparth, President of Bone Fide Wealth, and Heather Boneparth, Director of Business and Legal Affairs Bone Fide Wealth on personal financial management and investing- Mark Gatto, Co-Founder, Co-President & Co-CEO of CION Investments, on the growing demand for private credit and alternative assets See omnystudio.com/listener for privacy information.

    40 min

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Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy.  Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

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