Trump Wants Blockade Fee, ICE Fatally Shoots Man in Maine, More
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What is the main topic discussed in this episode?
This week on Leaders, with me, Francine Lacqua.
What does Rafa Nadal say about staying competitive despite injury?
I speak to tennis legend Rafa Nadal about how he stayed competitive despite injury.
I was able to enjoy the victories probably more than if I will not have this issue.
One iconic match.
In my mind was, I am almost dead.
And whether he misses playing.
I don't miss tennis because there was nothing else to offer.
Listen and watch Leaders with me, Francine Lacroix, on Bloomberg Television or wherever you get your podcasts.
news when you want it. With Bloomberg News Now, I'm Amy Morris. The U.S. and Iran continued strikes overnight into today as they debated over the status of the Strait of Hormuz. Iran says the agreement with the U.S. has, quote, undoubtedly entered a crisis phase. President Trump says the U.S. is going to reinstate its blockade of Iranian ships moving through the strait, telling Fox News that he wants a 20 percent reimbursement on all other cargo shipped through the
We just want to be reimbursed for doing all of this, for putting our people in danger. But we're really not putting people, we're really saving people.
Oil prices extended their gains after Trump's comments. WTI now $76 a barrel, Brent crude topping $81 a barrel. Delta CEO Ed Bastian says Delta will do just fine with those higher oil prices and that oil will stay sticky for longer. He adds that the international travel season is looking healthy.
businesses, international, American Express, our loyalty programs, our cargo business. We have so many different lines of business, including here in the U.S., our domestic travel. It's all doing very, very well, and I don't see fuel prices deterring that.
Here, our entire interview with Delta CEO Ed Bastian on the Bloomberg Talks podcast. Shares of Delta more than 1.5% lower. A U.S. immigration officer has shot and killed a person in Biddeford, Maine. The Department of Homeland Security says the person who was killed, a 26-year-old Colombian man, tried to run agents over. Officials have not said what led to the encounter, nor have they provided any more details. The incident is under investigation by Maine State Police, the State Department of Public Safety, and the Office of the Attorney General.
How does the episode introduce Bloomberg News headlines and context?
A group of about a dozen states plans a lawsuit to block Paramount Skydance from buying Warner Brothers Discovery. Sources tell Bloomberg the antitrust lawsuit is set to be filed in federal court. The deal would combine two of the five largest U.S. film studios and has been cleared by the Justice Department. It does face opposition from Democrats and many in Hollywood. FCC Chairman Brendan Carr.
Well, it's hard to see a real legitimate antitrust action. But of course, you know, I leave it to the antitrust experts to weigh in on this. I did think it was interesting that there was a statement at least attributed to the California attorney general that said that they would not sue if Paramount agreed to spin off CNN.
FCC Chair Brendan Carr was a guest on Bloomberg Tech. Paramount says the challenge must be rejected. They say it defies evidence-based antitrust enforcement. Paramount's guidance more than 2% higher. Warner Brothers Discovery shares more than 3% higher.
What did President Trump propose about reinstating a blockade and charging a 20% fee?
A sell-off in tech giants sent stocks lower, with the market also falling as oil jumped. We check the markets for you all day long at Bloomberg. The S&P 500 down 0.7%. NASDAQ now down 1.4%. The Dow down 0.25%. The Russell 2000 Index. down 0.8%. The 10-year Treasury yield at 4.61% and the two-year yield at 4.26%. The Philadelphia Semiconductor Index now down by more than 4.5%, led by Micron, which has fallen about 5%. SK Hynix fell 17%. It was the biggest full-day retreat on record. Apple has filed a lawsuit against OpenAI. They allege the company systemically stole its intellectual property. by asking former Apple employees to bring information about unreleased products. Apple is seeking monetary damages, and shares of Apple are now less than a half percent higher.
Fed Governor Christopher Waller says policymakers may need to raise rates in the near term if underlying inflation continues to signal broad price pressures.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–0:02
2
What does Rafa Nadal say about staying competitive despite injury?
0:02–2:10
3
How does the episode introduce Bloomberg News headlines and context?
2:10–3:05
4
What did President Trump propose about reinstating a blockade and charging a 20% fee?
3:05–4:47
5
How are oil prices and airline executives reacting to rising fuel costs?
4:47–7:08
Speakers
6 identifiedMore from Bloomberg News Now
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