Ed Kalecki

One of his main efforts will be overseeing OpenAI's push to sell software to businesses through a joint venture with private equity firms.

Denise Dresser, OpenAI's recently appointed Chief Revenue Officer, will be taking over some of Lightcap's duties.

Meanwhile, Chief Marketing Officer Kate Rauch is stepping down from her position to focus on her recovery from cancer.

with plans to return in a more limited purview as her health allows.

The stock markets were closed for Good Friday, but an abbreviated session on the bond markets, the 10-year Treasury yield at 4.34%, and the two-year yield, it stands at 3.84%.

That's news when you want it with Bloomberg News Now.

I'm Ed Kalecki.

This is Bloomberg.

News when you want it, with Bloomberg News Now, I'm Ed Kalecki.

The New York Times is reporting that a second U.S.

Air Force plane crashed in the Persian Gulf region Friday, with the U.S.

already carrying out search and rescue operations from another incident in which Iran downed a fighter jet.

The A-10 Warthog went down near the Strait of Hormuz around the same time that Iran shot down a U.S.

F-15E fighter jet.

The U.S.

has rescued one of the two-man crew from the F-15 incident, this according to a U.S.

official.

who spoke on condition of anonymity to detail sensitive matters.

The official said a search operation is underway for the second crew member.

The Pentagon's proposed fiscal 2027 budget would significantly ramp up its military firepower.