>> THIS IS BLOOMBERG BUSINESSWEEK DAILY FROM THE MAGAZINE THAT HELPS GLOBAL LEADERS STAY AHEAD WITH INSIGHT ON PEOPLE, COMPANIES, AND TRENDS SHAPING THE ECONOMY. GLOBAL BUSINESS, FINANCE, TECH NEWS AS IT HAPPENS. BLOOMBERG BUSINESSWEEK DAILY WITH CAROL MASSAR AND TIM STENOVEC.CAROL: GOOD AFTERNOON, IT IS A JOBS TUESDAY. TIM: THE TWILIGHT ZONE. CAROL: THIS IS BLOOMBERG BUSINESSWEEK DAILY.WE HAVE THOSE STOCKS DOWN BUT COMING OFF THEIR WORST LEVELS OF THE SESSION. MORE DAMS ARE LOWER TODAY. WE HAVE THE TREASUR ...

Supply Chain Security & AI Race - The US government is prioritizing securing supply chains, particularly for AI, viewing economic security as national security [2][4][6] - The US aims to win the AI race through innovation and diffusion, expanding compute capacity domestically and exporting technology globally [26][27] - Pax Silica Initiative fosters collaboration with allies (Korea, Japan, Australia, UK, Singapore, Israel) to secure supply chains and co-invest in fabs, data centers, and refining projects [4][6][7] - The US government utilizes various resources like the Development Finance Corporation, Department of War, and Office of Strategic Capital to support supply chain initiatives [8] - The Department of War is investing in domestic mineral supply chains to ensure a reliable ecosystem for weapon production in both peace and wartime [10][11] - A $400 million investment for 15% of MP Materials is highlighted as an example of government support for securing critical mineral supplies [8] International Relations & Trade - The US seeks a constructive, stable, and positive relationship with China while prioritizing American interests [25] - The US acknowledges a growing economic security consensus with Europe, particularly regarding global imbalances and unfair trade practices [17][18] - The US sees Europe as an important partner in addressing economic and supply chain challenges, despite disagreements on technology regulation [19][22][23] - The US National Security Strategy was intended as a diagnosis of the challenges facing Europe, not an insult [20][21] - The US is engaging with countries like India to expand the Pax Silica Initiative and address specific supply chain security challenges [13][14]

This is very much part of our Jet Forward strategy. Um, we've been working very hard for the last several quarters on really turning towards premium and trying to make sure that we're offering more opportunities for customers who want to pay a little more and the lounge is part of that. Our transition to a first class product next year, a domestic first class product would be part of that.Our premier card um or even more as a cabin. Um, and really excited to start seeing all of that come to life in 2026. Al ...

What are you going to do with that Bitcoin to make money. Well, as a business, we're going to build products and services that have customers and high margins and growth and cash flow. So I've been very vocal.I don't think of 21 as a Treasury company. We're a Bitcoin company and it's such a simple term that it might go in one ear and out the other. But if you think about it, there are no Bitcoin companies.The spectrum, as we see it, is on one side you have these Treasury businesses which aren't as focused o ...

Company Restructuring & Leadership - Kraft Heinz is splitting into two companies: one focused on grocery staples with less profitability, and another named "Global Taste Elevation Company" featuring faster-growing iconic products like Heinz ketchup and Kraft mac and cheese [1][2][3] - The current CEO was expected to lead the grocery staples company, but Steve Cahillane from Kilonova will lead the "Global Taste Elevation Company" instead [1][2] - Steve Cahillane aims to bring organic growth to the company, focusing on health and wellness trends, including increased protein, fiber, and cleaner labels [4] Market Trends & Challenges - Food companies are generally struggling with the consumer shift towards healthier, less processed foods [7] - Kraft Heinz's compounded annual return over the last five years is -2%, underperforming the consumer packaged goods index (up approximately 7-8%) and the S&P (up approximately 15%) [6] - Consumers are increasingly turning to more affordable private label brands, impacting established brands like Kraft Heinz [13][14] - There's a significant consumer focus on protein and healthfulness in food choices [15] Competitive Strategies - Companies are looking to acquire smaller, startup brands that tap into health and wellness trends, as seen with PepsiCo's acquisition of Poppy and CETA [16] - PepsiCo is reducing its product offerings by 20% and lowering prices on key brands as part of an agreement with an activist investor [10] - Splitting into two companies will allow Kraft Heinz to focus on each component, potentially leading to better value for both [8]

National Security Strategy & ISIS - The discussion highlights the need for a meaningful national security strategy, especially concerning the rise of ISIS, noting ISIS killed soldiers in Syria [3] - Concerns are raised that actions in Syria could undermine the existing regime and inadvertently promote ISIS [3] - ISIS presence is noted globally, including potential presence in Australia and the United States, emphasizing the need for a better worldwide strategy against radical Islamic groups [4] - The speaker questions the effectiveness of the current counter-ISIS strategy and suggests that attacking Syria is not the right approach [6] - A unified command structure is announced, potentially taking power away from experienced commanders in European Command and Central Command, raising concerns about amateur hour and the need for experienced personnel [9][10] Foreign Policy & Venezuela - Potential land strikes in Venezuela, including seizures of oil tankers and targeting drug labs, are discussed, with concerns about the international reaction and potential claims of declaring war [11] - It's mentioned that only 8% of the drug trade coming to the US is related to Venezuela, questioning the focus on Venezuela for addressing the fentanyl issue [11] - The current foreign policy strategy is described as being for sovereignty, seemingly not for regime change, but the purpose of US involvement in Venezuela is questioned [13] Domestic Policy & Healthcare - The speaker expresses hope that the president's national address will offer leadership and focus on healthcare, suggesting an ACA extension as the easiest solution [14][15][16] - Concerns are raised that failure to address healthcare issues could negatively impact the upcoming 2026 elections [16] Other Concerns - The speaker expresses concern about the president's decision-making process and the potential for impulsive actions, particularly in response to mass shootings and other upsetting events [1][5] - The rise of terrorism is highlighted as a significant concern that should receive more attention and resources [13]

It's really important, a bit of relief for the industry. And yet I think it's also a case of of kind of having to sort of accept reality just on the part of policymakers that this transition is turning out to be much more difficult than was reckoned years ago when this effective combustion engine ban was put into place. I think at that time we were seeing this real momentum in the transition to fully electric vehicles.That momentum has has slowed substantially. And it's also a really patchy one where certai ...

President Trump is suing the BBC for10 billion. The case, a misleading documentary edit that appeared to show him calling for violence on the US capital by his supporters on January the 6th, 2021. The suit was filed in Trump's home state of Florida and alleges one count of defamation and one count violating a Florida unfair trade practices law.It also tests UK Prime Minister Kier Starmmer's attempts at warmer relations with Washington, a strategy that's designed to shield the UK from the sharp end of Trump' ...

There's no doubt that the Western world needs Europe to be more successful. We need to see higher economic growth in Europe. We need to see more innovation. We need to see more consumer demand for goods and services because the Western world will only be strong and prosperous if we have a strong and prosperous Europe.What is the road ahead to get that strong and prosperous Europe look like. How do we get there. Look, I think I think Mario Draghi did a fantastic job putting forth a playbook for how to revita ...

World Stock Exchange, whether it's the French one, the Dutch one, the German one are too small. Do you think do you think they'll grow or actually as much they should merge all of them. I mean, there's talk about merging right now, but the French is already with Milano and Wiz with Holland.But the German people have always tried to do something on their side. They they did an acquisition, I remember recently, but it's not on the stock market. But that would be they should just should just merge. ...