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'US Blinked' in Trump, Xi Meeting, Says Mary Lovely of Peterson Institute
Bloomberg Television· 2025-10-30 18:27
We can say a lot about what was not accomplished or what didn't happen. Yes, we don't have an international crisis this morning, but we don't have a lot of details either. How are you reading this meeting.Well, it's a little bit sense of back to the future. We you know, a lot of this conflict was stirred up by President Trump and attempts to gain some leverage. China showed a very strong weapon in its rare earths exports.And I think the US blinked. So I think that, you know, the former Treasury secretary, L ...
ServiceNow CEO McDermott Says Everything Is About AI Now
Bloomberg Television· 2025-10-30 18:26
You bet. You raised revenues up 22% growth in remaining performance obligations strong. How much is I driving this bill.Everything is about it. I Caroline, you know, right now, the entire global economy is being reshaped around air. And what's unique about the service now, a platform for business transformation.It's one engineered platform that covers everything from your I. T. estate, how you manage security operations assets to the employee customer experience, and obviously also your engineers and how th ...
Goldman Sachs CEO Solomon Says US Recession Odds Are Low
Bloomberg Television· 2025-10-30 18:25
We haven't had a recession for quite a while. Are you worried about any potential recession coming or where you think the economy's in pretty good shape. Well, I think the economy is in pretty good shape at the moment. And I think when you look at kind of the give gets, you know, in terms of tailwinds and headwinds, there are there are more tailwinds at the moment.I mean, I go back we're still running a pretty aggressive fiscal, you know, fiscal play. The infrastructure investment boom, you have you know, y ...
Starbucks CEO on betting big on protein drinks
Bloomberg Television· 2025-10-30 18:12
Product & Trend - Over 90% of drinks can now have protein added, aligning with current consumer health and wellness trends [1] - Starbucks aims to provide customers with personalization, particularly around protein options [2] Competitive Advantages - Starbucks is the largest coffee drive-through business [3] - Starbucks is the largest mobile order or digital coffee business [3] - Starbucks is the largest delivery coffee business [3] - Starbucks is the largest cafe coffee business [3] Customer Experience - The combination of connection, community, and the craft of coffee provides tremendous value to customers [4] - Starbucks aims to be the world's greatest customer service company [4]
Summers “gratified” with Milei’s party’s election victory #shorts #milei #politics #argentina
Bloomberg Television· 2025-10-30 17:30
The Argentine people voted for rejoining the modern world in terms of economic policy with uh sound fiscal policies with respect for the private sector with an opening up of uh the economy. So I was uh very gratified as were markets um by the choices that the Argentine electorate made. It's true in every country and it's especially true in Argentina that you don't regain credibility with a single election or a single policy uh step.But this was uh a significant. ...
Summers 'Gratified' With Results of Argentina Elections
Bloomberg Television· 2025-10-30 16:36
Argentine Election & Economic Policy - President Milei's party achieved a surprising victory in Argentina, exceeding expectations [1] - The election result is viewed as a vote for Argentina to rejoin the modern world with sound fiscal policies, respect for the private sector, and an opening up of the economy [2] - Markets reacted positively to the Argentine electorate's choices [2] Economic Credibility & Success - Regaining credibility is a process that requires more than a single action or policy step, especially in Argentina [3] - Avoiding potential economic missteps is a key component of successful economic policy [3] - President Milei's leadership is seen as a sign of success for Argentina [4]
Summers Happy the Trump-Xi Summit Didn't 'Spiral Out of Control'
Bloomberg Television· 2025-10-30 16:22
We also had President Trump meet with President Xi Jinping of China over in South Korea. And there were a lot of things announced. President Trump said.On a scale of 1 to 10, it was a 12. I'm not sure how that works exactly, but there was seemed to be a consensus that what we've done is basically just go back to where we were before and this is gonna be an ongoing period of negotiation. How significant in terms of the economy is what happened over in South Korea.Look, I think the most important thing is wha ...
Can't Look Away: The Case Against Social Media | Trailer
Bloomberg Television· 2025-10-30 16:07
Social Media Accountability & Legal Challenges - Social media companies are being held accountable for harms caused to children, with law firms specifically founded for this purpose [2][3] - Legal actions are focusing on the design of social media platforms and their algorithms, rather than just the content they host [5] - Section 230 has historically shielded social media companies, but efforts are underway to challenge this protection [3] - Plaintiffs face powerful and wealthy social media companies in court, likened to fighting a "Leviathan" [4] Platform Design & Harmful Effects - Social media platforms are seen as facilitating illegal activities, such as drug dealing, by easily connecting individuals [2][3] - Platforms are designed to be addictive to adolescent brains, with companies aware of the potential for addiction, sexual abuse, and suicide [3][6] - Algorithms prioritize engagement by showing users content they "can't look away from," potentially harmful content [7] - The pursuit of profit by social media companies is seen as contributing to the harm of children [1][6] Parental Grief & Advocacy - Parents are experiencing the tragedy of losing children due to issues linked to social media, such as fentanyl poisoning and suicide [3][5] - Parents are actively advocating for change and seeking justice, despite the emotional toll of "retraumatizing themselves" [7]
Baristas Are Embracing Changes at Starbucks, CEO Says
Bloomberg Television· 2025-10-30 16:07
You've put a lot of emphasis on service, obviously, with the Green Apron project. What does that look like in terms of staffing, though. I mean, you obviously have to hire more people, but more importantly, you have to retrain a lot of your existing staff as well.How, I guess, receptive have they been to that. And have you faced any challenges. You know, I got to give our partners a lot of credit.They really have embraced both the back to Starbucks strategy and the green Apron service standard. And when I'm ...
'Back to Starbucks' Plan Is Working, Says CEO Niccol
Bloomberg Television· 2025-10-30 15:49
All right, Brian, congratulations on the recent quarter. Obviously, investors I had been looking for some sort of sense that there would be a return to growth under your leadership in the 13 months that you've been on the job, 1% on a same store sales basis. Do you have confidence that the performance that you saw in your fiscal fourth quarter is not only going to be repeatable, but more importantly, something that you can build on for the current quarter and beyond.Yeah, really great to be here. And absolu ...