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Bloomberg News Now

US Inflation Accelerates, FDA's Makary to Resign, More

12 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.672 - 5.121 Stephen Carroll

Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.

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5.622 - 10.011 Caroline Hepke

And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.

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10.391 - 15.001 Stephen Carroll

We're up early every weekday, keeping an eye on what's happening across Europe and around the world.

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15.422 - 21.634 Unknown

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

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21.698 - 27.166 Stephen Carroll

From Brussels, I'm following the politics, policy and the people shaping the European Union right now.

27.206 - 32.633 Unknown

And from London, I'm looking at what all that means for markets, money and the wider economy.

33.154 - 37.48 Stephen Carroll

We've got reporters across Europe and around the globe feeding in as stories break.

37.941 - 42.587 Caroline Hepke

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

43.028 - 45.03 Stephen Carroll

It's smart, calm and to the point.

Chapter 2: What are the latest updates on US inflation rates?

309.082 - 315.488 Monica Ricks

Adam Gustafson is the principal deputy assistant attorney general with the DOJ's Environment and Natural Resources Division.

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315.688 - 327.038 Caroline Hyde

The economic and human costs of this catastrophe have been borne every day by ordinary men and women and most of all by the families of the six workers who were killed.

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327.102 - 351.068 Monica Ricks

The bridge collapsed after a cargo ship lost power and rammed into it, but prosecutors claim the companies and operators knew about its faulty power mechanisms before the crash. eBay has rejected GameStop's $56 billion takeover bid, describing it as neither credible nor attractive. Its board citing uncertainty around GameStop's financing plan and operational risks, among other factors.

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351.453 - 369.342 Monica Ricks

Under Armour stocks taken a beating today with shares falling 19% after posting a slight decline in revenue and a weak sales forecast. That guidance shows Under Armour's turnaround is still a work in progress as it continues navigating impacts of tariffs. Shares of HIMS and HERS also down 14% today.

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369.582 - 380.687 Monica Ricks

The company reporting a first quarter loss after facing higher costs from pivoting to branded weight loss medications, including those from Eli Lilly and Novo Nordisk. We get more on that from Bloomberg's Jerry Smith.

Chapter 3: What factors contributed to the rise in the consumer price index?

380.948 - 406.317 Unknown

There is a scenario where this is, you know, short-term pain for HIMS. for a longer term gain. We've seen recently the approval of weight loss pills, which a lot of analysts think is the next frontier for weight loss drugs and is going to be a huge market. So HIMSS being a part of that as a telehealth company selling these, you know, it could be a large area of growth going forward for them.

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406.297 - 423.597 Monica Ricks

Bloomberg's Jerry Smith reporting on Bloomberg Open Interest. The results come as the company moves away from copycat versions of those drugs, which drew a lot of scrutiny from pharmaceutical companies and U.S. regulators. And that's news when you want it with Bloomberg News Now. I'm Monica Ricks and this is Bloomberg.

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425.99 - 445.048 Francine Lacroix

I'm Francine Lacroix, an award-winning journalist, and I've got a new podcast, Leaders with Francine Lacroix from Bloomberg Podcasts. I've interviewed everyone from heads of state to fashion icons about the news of the moment. But I've always been curious, who are these people as leaders? I don't think there's one right way to be a leader.

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445.268 - 449.592 Caroline Hepke

Make decisions. A poor decision is always better than no decision.

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449.993 - 455.878 Francine Lacroix

Listen to new episodes every other Monday. Follow Leaders with Francine Lacroix wherever you get your podcasts.

456.972 - 466.63 Ed Ludlow

This is Caroline Hyde. And I'm Ed Ludlow, inviting you to join us for Bloomberg Tech, a daily podcast focusing exclusively on technology, innovation, and the future of business.

466.991 - 470.959 Francine Lacroix

Every weekday, we bring you the top headlines from the world's biggest tech companies.

471.159 - 476.449 Ed Ludlow

From finance to defense, AI to entertainment, and from startups to the Magnificent Seven.

476.429 - 484.719 Francine Lacroix

We highlight the latest stories of the people and companies pushing the tech sector to new frontiers and the politics that shape global tech markets.

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