17 Burst results for "Michael Castner"
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"It's been downgraded to a tropical storm as it moves north over Central Florida, but it's still pounding the area with damaging winds and heavy rain. President Biden says he'll make a final decision on whether to run for a second term early next year, more from Brian shook. While speaking to reporters at The White House Wednesday, Biden said his intention is to run again, but it's ultimately a family decision. He added, he isn't in any hurry one way or another. The president also defended his first term agenda as polls have shown a large number of Americans believe the country is headed in the wrong direction. I pre order so in some look homes is not giving up his title of CMA entertainer of the year the country music hitmaker was awarded the top honor during the 56th CMA awards last night in Nashville. I'm Michael castner. Paul Sweeney. This wall of worry, everybody's been climbing it. Matt Miller. When you look at individual stocks, what do you like? Along with Bloomberg's sharpest market analysts can only basic Wall Street reporter for Bloomberg news. Bloomberg markets. Weekdays at 10 a.m. eastern on Bloomberg radio. This slower turn to normal levels of inflation could threaten the stability of inflation expectations. And if there's one thing we learned in the 70s is that the fed can not let inflation fester and expectations rise. If we back off for fear of a downturn, inflation comes back even stronger and requires even more restraint. The fed speak is back in a big way and you're going to get a ton of it a little bit later after CPI in America that CPI print 42 minutes away. Equities look like this on the S&P 500 going into that print. Just about positive
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Aftershock near Santa Rosa. On Michael castner. Carol messer. This stock has been on a terrible Tim stevan. So take us into the economic impact. And the reporters and editors you trust. Let's dig into it with Bloomberg business week editor Joe Weber. Bloomberg businessweek, weekdays at 2 p.m. eastern on Bloomberg radio. In this time, it is wrong to receive extraordinary record revenues and profits, benefiting from war and on the back of our consumers. Our proposal will raise more than 140 billion for member states to cash in the blow directly. Of the European Commission just a bit earlier today. She went on to talk about rounders, too. How it's performed baseball. You don't need to do this. About half of 1% also Tom. John, I also just Vander Lion is a former defense minister of Germany's encyclopedic on Germany's ability to help Ukraine. It's something people don't know. On the mistakes have been made. Yes, but she's truly encyclopedic on their military ability. Santa, I don't know if back with this trevon a word over at JPMorgan. Oksana on Europe. We've had a lot of guests on the program and they approach the situation in Europe as follows, not if there'll be a recession, how deep it will be. Do you have the same approach right now? Yes, definitely Europe, of course, is dealing with issues that the U.S. is somewhat insulated from we talk about energy and how energy has led up here in the U.S., for example, but European gas prices are on the rise again. And so without a doubt, there is definitely a lot of focus on how deep that recession will end up being and we're seeing it in investors being to the extent they're underweight equities are really majorly underweight European equities, specifically, a much, much less so in the U.S.. They're essentially flat in terms of their U.S. equity exposure. So without a doubt, the issues there are much more significant we're seeing it in higher spread slightly more elevated spreads, lower returns year to date. So absolutely. Right. What's your visibility to 2023? I'm fascinated by the September reset. It's way too early to talk about a yearend review, but do you have any view axona to how to invest into 2023 or you just making it up as you go? I will tell you one thing I take a lot of issue with what the market is pricing in for next year, which is nothing other than the fed making a U turn and becoming accommodative. And it is quite clear to me that the fed is going to pursue its aggressive stance and eventually become perhaps neutral, but not accommodative. And that's not what our prices are reflecting right now. Someone earlier mentioned our last hiking cycle, the 2015 2018, which was extraordinarily benign. We had inflation at barely 2%. We had a higher unemployment and still we had, for example, in a lower credit spreads after the last that high back then were in the high 500s, 5 75 if I remember correctly. And today, when someone talks about fair value and credit, what's really what's fair valued right now, high yield is pricing significantly below 20 year average. Forget, 20 year recession average. So I think there is definitely a lot of complacency since still being placed into this market being priced into this market. And we need to really be focused on high quality floating rate, very short, but floating rate preferably. And really wait for that capitulation point. That will be my tip off to start to really get more aggressive. Just to put a bow on this, how much of your portfolio is in cash like instruments and how much have you been building that? So we came into the year already quite defensively positioned. And we've been building it throughout the year. Yes, we've been tactically trading, you know, the curve and taking advantage of the backup and yields at the front end of the curve, but as far as sort of more strategic allocation to longer term risk in the interest rate driven or credit driven markets, we've really tried to stay back and actually build our liquidity. We are still or actually have arrived now at around 70% liquidity, which is focused again on those high quality floating rate structures. And we think that that capitulation point will happen we're just starting to see markets reckon with the reality that this fed means what it said with the reality that higher cost of capital is not going to be great for fundamentals. And even this is really important to understand that we don't need to see a 2008 or some kind of dramatic recession occur. We just need to see historic defaults or defaults start to move toward historic average in the corporate sector of three and a half percent. Right now they're at one to start to see those spreads wide and dramatically compared to where they are today. Oksana, you need to let us know when you're ready to put that cash to work. We need to cash out when we get to that moment. In some hour enough for JPMorgan. In fancy talk John, 70% liquidity floating rate. She's on the edge of the triple leveraged all cash flow. I would say that was pretty gloomy, pretty bearish. Yeah. I have to say, that's a lot of cash bramo. 70% liquidity at what point do they get the conviction to
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Is Bloomberg radio. Now, a global news update in a speech from Philadelphia last night, President Biden took aim at his predecessor while stressing that democracy in America is fragile. Too much of what's happening in our country today is not normal. Donald Trump and the Republicans represent an extremism that threatens the very foundations of our republic. Trump responded on his true social platform that Biden must be insane. Even more people are expected to flock to Florida's space coast for the second attempt at NASA's Artemis one launch now scheduled for Saturday local officials say they're prepping for up to 400,000 people. California crews are battling a wildfire north of Los Angeles during extreme heatwave officials say the route fire is now 27% contained after burning over 5200 acres near the town of castaic, brush fires cause major traffic jams along the heavily travel life corridor. I'm Michael castner. When the market day begins with chemistry. It's okay, you're a form this morning. You can come on a reaction. So then why do you say the Dow doesn't matter? I'm just sarcasm. Bloomberg surveillance, weekday mornings at 7 eastern on Bloomberg radio. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app and at Bloomberg quick take. This is a Bloomberg
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"To the south. And we are looking at lots of spots near 100° if not over 100° Minneapolis 100 today. It's going to feel like one O 6. COVID shots could be available for children 5 and under as soon as tomorrow the CDC signed off on the recommendation Saturday the decision clears the way for nearly 2 million children in the U.S. to get vaccinated. I'm Michael castner. And I'm Denise Pellegrini in the Bloomberg newsroom. More flight delays for travelers in the U.S. today. JetBlue CEO Robin Hayes says labor shortages are still an issue. The aviation industry is such a finely tuned machine that when you don't have all the right resources and all the right places at the right time, it couldn't get challenged very quickly. He's also says that's why JetBlue scaled back flights earlier this year. At the same time, Hayes tells us JetBlue now has access to a second permanent slot at London's Heathrow. Stocks in London are a higher and stocks across the board are higher pretty much as well. London Switzer up about 1% cac and Paris up more than a tenth of a percent and the Dax up about four tenths of a percent. Bitcoin hovering above 20,000 this hour, after bouncing back from below $18,000 of Bitcoin on Saturday. And treasury secretary Janet Yellen says the fed can engineer a soft landing for the U.S. economy, even as it continues to hike interest rates. We expect to transition to steady and stable growth. But I don't think a recession is inevitable. And Yellen on ABC's this week heard here on Bloomberg radio. But chair Jerome Powell, likely to get grilled about inflation and recession risks when he testifies on Capitol Hill this coming week. Inflation taking a toll on infrastructure projects across the U.S., more on that from Bloomberg since Anna Palmer. Rising prices for materials such as asphalt steel and iron pipes are driving up the costs to build roads, bridges, rail lines, and water mains, state and local officials say inflation is eating into the value of the $1 trillion federal infrastructure law signed by president Joe Biden just 7 months ago. Some officials say inflation has forced them to delay or to scale back the scope of projects. Thank you, Susanna. And global news 24 hours a day. On air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm Denise Pellegrini. This is Bloomberg. Broadcasting live from the Bloomberg interactive broker studio in New York. Bloomberg 11 three O to Washington D.C. Bloomberg 99 one to Boston, Bloomberg
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"A global news update Authorities say the teenager who killed 19 children and two adults was inside a Texas elementary school for as long as an hour or law enforcement officers went into the building Mark Mayfield reports Texas Department of Public Safety director Steven macross it on Wednesday that once the gunman got into the school in the small town if you have all the Texas he went into a classroom locked the door and started shooting The father of a fourth grade girl who was killed said he raced to the school when he heard about the shooting and saw the police masked outside He said more could have been done and that officers were unprepared I'm Mark Mayfield President Biden and the First Lady will travel to Yuval di in the coming days An author who once wrote an essay called how to murder your husband is facing time for doing just that Nancy crampton brophy was convicted yesterday of shooting her husband four years ago in Oregon with a ghost gun kitschy bought online sentencing is next month Wall Street futures are rising after all three averages made solid gains Wednesday on Michael castner The news that completes your market day This is the big headline it's catching investors attention And the stories that make your business week Wasn't inflation dead just a few years ago Bloomberg businessweek Weekdays at 2 p.m. eastern on Bloomberg radio The housing market has been chronically undersupplied It is a key challenge It's a challenge that there used to be a housing platform around But that platform was dismantled during the Great Recession And it hasn't been completely restored Lights out at Davos Neela Richardson Chief economist at ADP was fired up about the American economy That was a valuable.
KOMO
"michael castner" Discussed on KOMO
"Night during a big music filled finale in Los Angeles George Pinocchio for ABC News With a 2022 Billboard Music Awards are in the books Get mad at myself 'cause I can't leave alone It's a big night for Drake named top artist and honored for best rap album Also a big night for Taylor Swift as well as she walked away with the most Billboard Music Awards in the country genre this year winning top country artist and top country female artist the BBMAs were hosted by diddy at the MGM Grand garden arena in Las Vegas Journey will be featured on the season four soundtrack of Stranger Things a remix of separate ways world's part is the first track available to stream ahead of the fourth season's first batch of episodes on May 27th collectors of physical music can look forward to the release of cassette and CD versions of the soundtrack in September a vinyl edition will arrive later in 2022 Country music legend Naomi jud remembered yesterday Michael castner reports A celebration of life was held at Nashville's ryman auditorium husband Larry Strickland and daughters Ashley and winona Judd were joined by an array of artists and officials last night for the Naomi Judd a river of time celebration billboard magazine says wynonna was honest about her troubled relationship with her mother saying you share a bus with your mother and see how that goes The event was shown commercial free on CMT Naomi took her own life April 30th she was 76 years old I'm Michael kassner And the judge final tour will go on the 2022 final tour winona judge made that announcement yesterday during the memorial service for her late mother and she said after a lot of thought I'm gonna have to honor her and do this tour It kicks off September 30th in Grand Rapids Michigan and wraps up in Nashville one month later Northwest newstime now 6 15 we check Wall Street and your stock charts dot com money update Here's dairy albinger From ABC News Wall Street now stocks closed most lilo were after wavering for most of the session the Dow rose 27 points but the NASDAQ gave up a 142 and the S&P closed down 16 The drop in tech stocks tempered gains elsewhere in the market ship maker invidious lip two and a half percent big tech companies which tend to have expensive stock prices often push the broader market more forcefully up or down especially with worries about record inflation and rising interest rates JetBlue is going hostile as it tries to buy spirit airlines It's going straight to the shareholders of the low cost carrier asking them to reject to propose $2.9 billion acquisition by frontier airlines Money news here at 20 and 50 passed every hour will get the latest on traffic and other update on the weather pattern change next Why.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Have tried to predict what's going to happen in the future for this pandemic have repeatedly found egg on their face After talking about concerns of the omicron sub variant city health officials say children in pre-K must continue to wear masks and the private sector vaccine requirements remain mayor Adams had previously said he would reevaluate the mask policy after lifting the mask mandate for the older students Scott Pringle reporting the house is approving a bill to outlaw race based hair discrimination the measure applies to many different areas of life including employment and housing programs The bill's sponsor didn't mince words when talking about prejudice based on somebody's hair Democrat Bonnie Watson Coleman of New Jersey said discrimination against black hair is discrimination against black people Her bill is called The Crown act crown stands for creating a respectful and open world for natural hair Prince Harry and Meghan Markle are staying with Spotify Michael castner has more The duke and Duchess of Sussex reportedly thought about moving their podcast because they were concerned about how the streaming platform was handling coronavirus misinformation Spokesperson for their production company said Thursday they're confident about moving forward with their multiyear deal with Spotify They expect to launch Meghan's podcast series this summer I'm Michael kassner Amazon now owns a major Hollywood studio variety says the Seattle based company finalized an 8 and a half $1 billion deal giving it ownership of the MGM The deal gives Amazon Prime Video streaming service access to MGM's entire catalog of 4000 films spanning its 98 years in business I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters Stocks had their best week since 2020 for the week the S&P 500 Index advanced a 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at Luthor whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulson of Lou fauld whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie Kaminsky of alpha simplex Well as for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year and then four potentially next year Patrick palfrey of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% the Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Falling the number of infections is down 61% since last month's peak of the autocross search This puts the nation's daily average at about 313,000 cases with the death toll topping 902,000 The author of her graphic Holocaust book says he has mixed feelings about it being used in middle schools art spiegelman told a crowd last night he initially agreed with the Tennessee school board banning mouse but now he admits he's troubled by the decision I'm going nowhere you won't find me The count down to Hollywood's biggest night begins this morning Oscar nominations will be revealed soon with a big change to the best picture category This year ten movies are getting the chance to win an Oscar the power of the dog and west side story are expected to be on that list Belfast dune and licorice pizza are also likely to do well after previous nominations the Oscars will be handed out on March 27th I'm Michael castner When the market day begins with chemistry It's okay you're a full this morning You can come on a reaction So then why do you say the doubt doesn't matter I'm just sarcasm Bloomberg is surveillance It's 70s turned on Bloomberg radio Markets headlines and breaking news 24 hours a day As Bloomberg dot com the Bloomberg business app and at Bloomberg quick take He's a Bloomberg business lash And I'm Karen Moscow futures turned lower this morning we're watching earnings from the Bloomberg from Pfizer we go to the first word breaking news desk for today's morning call and here's Bill maloney Bill good morning And good morning Karen modest losses in the U.S. futures right now at deaf futures down 21 points SA's drop 8 Well the NASDAQ futures are now lower by 40 The U.S. ten year old at 1.94% golden oil are trading lower and Bitcoin is little changed Hong Kong fell 1% overnight while European markets are in the green this morning and back in the U.S. on the economic front at 8 38 the U.S. trade balance after about last night and EPS beat estimates while take two miss estimates and regarding earnings this morning you mentioned Pfizer Pfizer was mixed is trading lower here in the pre market.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"This is Bloomberg radio Now a global news update Police say one person is dead and another is in critical condition after a grocery store shooting in Richland Washington Officials report they have a person of interest but are not releasing a name as they're still searching for him in a massive manhunt Gas prices could push close to $4 a gallon this summer and experts say part of the reason is because of what's happening halfway around the world Energy industry economists but Weinstein says the Russia Ukraine conflict is bringing fears about what the Kremlin could do Russia is using its oil and natural gas as a political tool Threatening to shut off gas flows in the event of what they see as NATO aggression But he says rising gas prices are more a reflection of the global supply and demand imbalanced production in the U.S. dropped at the start of COVID and is only slowly coming back Several democratic governors are putting an end to mask mandates governor Ned Lamont of Connecticut said he will drop the mask mandate next month He's the third Democrat to do so just today The CEO of Delta Air Lines is repeating his call for the Justice Department to create a no fly list for unruly passengers Michael castner reports delta's Ed Bastian made the plea in a letter to attorney general Merrick Garland bastion said delta appreciates what he calls the welcoming increase in enforcement and prosecutions he then asked Garland to put anyone convicted of an onboard disruption on a no fly list that would bar the person from any commercial air carrier Bastion first call for a no fly list in September I'm Michael castner The number of Americans considered satisfied with government regulations of businesses is at an all time low a new Gallup poll reveals 60% of U.S. residents are giving the regulations the thumbs down Meantime 28% are in favor of the current government rules on businesses That figure is the lowest since 2016 which is the year Gallup started tracking that data I'm Brian shook A navy seal candidate from New Jersey is being mourned after dying during hell week training Kyle Mullen was the 2014 gridiron star manella in high school where football players will now wear his number on their uniforms Mullen who was 24 went on to play football at Yale and Monmouth university He died last Friday following an underwater demolition class in San Diego in which a second seal candidate was injured and remains hospitalized in stable condition The navy is investigating severally Kessler New Jersey A new book by a noted sports writer accuses the NFL of intentionally withholding a report that could have cleared the New England patriot Tom Brady in the deflategate scandal in playmakers Mike florio writes the NFL monitored the pressure of game balls for the entire 2015 season as part of its investigation into allegations that Brady intentionally manipulated the pressure of balls he used those numbers were never released Florio writes the numbers would have shown that atmospheric conditions and temperature resulted in wide fluctuations in ball pressure much like the.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Nor the last time we saw them this morning As they prepared for their journey and waved goodbye and slipped the surly bonds of earth To touch the face of God I'm Michael castner A rare Princess Diana portrait is being sold for over $200,000 That's according to auction house Sotheby's which said that was ten times its highest estimate The oil painting by American artist Nelson shanks was done in 1994 depicting Diana with a thoughtful expression in a green halter dress Sotheby's rights that it reflects the emotional toll of her public life and inner resilience I'm Brian schuck And I'm Charlie pellet app Bloomberg world headquarters Another wild week for the U.S. stock market is behind us It was a week marked by intense gyrations as strong earnings from Apple helped lord dip buyers that overshadowed fears that the fed will have to act aggressively to head off the fastest inflation since the 1980s Sarah Malik is global chief investment officer at nuveen It's not going to be a year of a rising tide lifting all boats It's going to be a volatile year We've already seen that But overall we're still moderately bullish based on earnings growth Sarah Malik of nuveen as for that volatility Brian levitt is global market strategist at invesco We know that volatility tends to arise when there's policy uncertainty which we're certainly dealing with right now with a 7% consumer price index on a year over year basis and the Federal Reserve suggesting that they're going to be tightening policy to meaningfully slow economic activity this year The invest goes Brian levitt apple a big winner today up 7% after reporting quarterly revenue that sail past Wall Street estimates Daniel flacks is senior analyst at newburger Berman The earnings were solid across the board And I think what we're seeing here is continued innovation very strong execution across product cycles and really this broadening of the revenue drivers Daniel flax of new burger so it was an up day with the S&P notching its biggest rallies since June of 2020 and a racing its weekly losses on the week The S&P was up 8 tenths of 1% The Dow this week up by 1.3% Today the Dow rallied 564 points up 1.65% S&P up 105 up 2.4% NASDAQ up 417 up by 3.1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"The attorney general is focused on making sure that we deal with these kinds of acts Speaking to reporters in Philadelphia Sunday Biden said he didn't know all the details but confirmed the suspect was a British national who purchased weapons on the street after landing in the U.S. The FBI in Dallas has identified the gunman who was killed as 44 year old Malik fazil akram The president promised to thorough investigation into what he called an act of terrorism and anti semitism Netflix is raising prices again a basic subscription plan will now run 9 99 a month the standard plan will cost 1549 while the premium plan is up to 1999 I'm Michael castner Mourners including New York City mayor Eric Adams said goodbye to victims of this month's deadly apartment fire in The Bronx The American Dream for too many burnt in that fire It is our obligation to make sure that remains alive from all of us Mayor Adams was on hand as a mass funeral for 15 of the 17 victims was held yesterday at a local mosque two children were buried earlier last week at a mosque in Harlem the January 6th fire was the deadliest fire in New York City history in 30 years Country singer Sarah Evans estranged husband was arrested in Nashville over the weekend after he allegedly tried to hit her with his vehicle 49 year old former football player Jade Barker was taken into custody early Saturday morning on suspicion of aggravated assault with a deadly weapon following this weekend's incident he issued a statement reading in part we all confront challenges in life and my family and I are now facing one He's free on $10,000 bond Americans can start ordering free in home COVID tests this Wednesday Lisa Taylor has more There will be a limit of four test kits per household tests are expected to be shipped within 7 to 12 days of ordering The Biden administration.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Prostate cancer Needless chorizo is coming to the menu at chipotle Mexican grill Michael castner reports the popular chain restaurant is offering it for a limited time among the ingredients in it include P protein Spanish smoked paprika and chipotle peppers It was tested in Denver and Indianapolis this past summer It's also the first new meatless protein chipotle has offered since 2014 I'm Michael kosner One of the rarer births for any parents occurred New Year's Eve in Salinas California where twins were born just minutes apart but in different years Friday night at natividad medical center a baby boy named Alfredo was born to Fatima madrigal in Robert trujillo barely 15 minutes later at midnight Alfredo's sister Eileen was born making them twins but with birthdays in two different years I'm Brian chuck And I'm Doug Kushner Bloomberg world headquarters in New York Let's check this hour's top business stories on the markets A measure of manufacturing in China among small and midsized businesses rebounded in the month of December Production and sales increased however employment remained weak the Tsai Sheen China PMI rose to a reading of 50.9 that's up from 49.9 in November the December reading is the highest level since June and ends two months of contraction AT&T and Verizon say they have agreed to a two week delay to roll out their latest 5G technology This extension was sought by the U.S. Department of Transportation and the FAA critics are saying the risk of this new 5G wireless service could interfere with the so called C band of spectrum used for aviation In the U.S. session we had shares of Apple rallying to a record high the company reached a market cap briefly that was above $3 trillion Apple is the first U.S. corporation to achieve this milestone although it did fail to hold above that level through the end of U.S. trading We had a rally in semiconductor stocks in the states on signs of robust demand the November sales data from the semiconductor industry association was stronger than expected and topped historical trends We had the Philadelphia semiconductor index rising 2% and OPEC and its allies are expected to add 400,000 barrels a day to production beginning in February the group will meet on Tuesday We check markets every 15 minutes here on Bloomberg We've got a rally in Japanese equities the KK higher by 1.4% in Sydney the ASX 200 ahead 1.7% in Seoul the Cosby down three tenths of 1% in Hong Kong hang sang weaker by three tenths of 1% and the Shanghai composite weaker by half of 1% Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts This is Bloomberg This is Bloomberg law Some complicated international law issues here What kind of docket is chief justice Roberts fixing Interviews with prominent.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"New York I've only set up my hammock once and never all the way Utah and lucky enough I was able to set up my hammock one of these trees Police body cam video would show van life was a facade And he wouldn't let me in the car Adding to the mystery Brian was alone when he drove back to his parents Florida home saying little to police and the family desperate to find Gabby We sure the frustration with the world right now Two people went on a trip one person returned Gabby's body was found in teton national forest in Wyoming human remains were discovered consistent with the description of Gabriel Gabby potato She died of natural strangulation a month later Brian's body was found in a swamp near his parents home He died of a gunshot wound to the head Tesla is making it so no one can play video games on the in vehicle screens while the car is moving the move comes out to the national highway traffic safety administration launched a probe into the screens this week amid reports people could play games while driving At issue a feature called passenger play which lets people play games while their car is moving as long as the user claims to be a passenger Tesla now says it'll stop all gaming while in motion as a matter of safety A Michael castner And I'm Susanna Palmer in the Bloomberg newsroom U.S. markets are closed in observance of the Christmas holiday but looking at overseas trading the FTSE in London is down about a tenth of 1% The cac 40 in Paris down one tenth of 1% The Jackson Germany closed today in Asia overnight at the CSI 300 was down 6 tenths of 1% then UK and Japan down less than a tenth of 1% and the hang seng in Hong Kong was up one tenth of 1% in Friday trading United Airlines holdings is canceling over 100 flights while Delta Air Lines has cut about 90 United said in an email Thursday that a jump in omara COVID-19 cases is affecting the availability of flat crews and ground personnel Delta said its cancellations were due to a combination of reasons including but not limited to potential inclement weather in some places and the impact of a Macron For the 6th day in the last week New York State broke its record for new daily COVID-19 cases Governor Kathy hogel's office announced Thursday that the state reported 38,835 new cases in the last 24 hours The previous record said Wednesday 28,942 Across the state 130 people per 100,000 in population tested positive for coronavirus according to state data In New York City 175 residents out of every 100,000 people tested positive Wednesday In upstate New York the southern tier had the highest figure at 98 cases per 100,000 people Already there have been 16 deaths on Rikers Island this year Experts say a staffing shortage due to the COVID-19 pandemic made already challenging conditions at the jail even worse Now the omicron variant of the coronavirus is threatening to overtake the jail New York one reports 21% of the population incarcerated at Rikers Island has tested positive for COVID-19 Some elected officials are calling for a reduction in the population at Rikers using supervised release Less than half the population at Rikers is vaccinated Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm susannah Palmer This.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Rush is in full swing Tom Costello reports from Virginia and the heavily traveled I 95 corridor A tough concern nationwide distracted impaired driving and speed Speeding surged 11% last year Virginia drivers recently taken it for doing one O 6 one 15 even 140 mph If you're flying today you'll want to make sure to check on the status of your flight ahead of time and several airlines are already scrapping flights and met a surging COVID cases and uncooperative weather Four people are injured after a shooting at a suburban Chicago shopping mall last minute at Christmas shoppers were locked down inside the oak brook center mall Thursday night is around a hundred police officers swarmed the area police say two people started shooting at each other in a quarter next to a department store one of the injured is thought to be a suspect and is now in custody Another woman is accusing actor Chris note of sexual assault New York singer Lisa gentile as the fourth woman to come out against the Sex and the City actor A Michael castner And I'm Susanna Palmer in the Bloomberg newsroom U.S. markets are closed in observance of the Christmas holiday United Airlines holdings is canceling over 100 flights while Delta Air Lines has cut about 90 united said in an email on Thursday that a jump in omara COVID-19 cases is affecting the availability of flight crews and ground personnel Delta said its cancellations were due to a combination of reasons including but not limited to potential inclement weather in some places and the impact of For the 6th day in the last week New York State broke its record for new daily COVID-19 cases Governor Cathy hogel's office announced Thursday that the state reported 38,835 new cases in the last 24 hours The previous record set Wednesday was 28,942 Across the state 130 people per 100,000 in population tested positive for coronavirus according to state data In New York City 175 residents out of every 100,000 people tested positive Wednesday in upstate New York the southern tier had the highest figure at 98 cases per 100,000 people Already there have been 16 deaths on Rikers Island this year experts say a staffing shortage due to COVID-19 made already challenging conditions at the jail even worse Now the omikron variant of the virus is threatening to overtake the notorious jail New York one reports 21% of the population incarcerated at Rikers has tested positive for COVID-19 Less than half the population at Rikers is vaccinated Bitcoin rose to about $51,000 in touch to the highest level in more than two weeks helped out by wider positive sentiment in financial markets Ether the second largest token was near $4100 Global news.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Is Bloomberg radio Now a global news update Variant of the coronavirus is present in at least 5 states and medical officials expect that number to climb A man in Minnesota started experiencing symptoms the day after he attended a convention in New York City a 50,000 people attended that convention that ran from November 19th to the 21st 5 cases of a Macron have been confirmed in New York Governor Kathy hochul We want people to know that the early cases that have arise are not life threatening They seem to be minor cases and that is a source of good news for us right now Cases have also been confirmed in California Hawaii and Colorado as well as the one in Minnesota The feds are investigating former New York governor Andrew Cuomo over sexual harassment allegations that Justice Department first began looking at how he handled the COVID crisis now it wants to know if the claims that led to his resignation violated any laws University of Michigan football team is honoring four students killed in that state school shooting this week Players will wear a special patch on their jerseys for Sunday's Big Ten championship game I'm Michael castner It's the closest thing you can find to a masterclass on how the world works The United States has lost a tad of credibility Bloomberg balance of power are we fulfilling this planet at this point Week days at noon eastern Can you give us the priorities on Bloomberg radio What we have now here is this maraud who spoke capacity aspect capacity analysis comes out as half what the market deems it to be around 5 million barrels And that's how you get to a 150 You fundamentals are saying around a 120 and then it's the market saying we've got no we've got a cushion here anymore What.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Several cities are taking extra steps to keep their Thanksgiving Day parade safe Many have added security and roadblocks in the wake of Wisconsin's tragedy on Sunday a driver ran through the barricades and into a crowd killing 6 people and injuring 62 others New York is one example where police have gone all out to keep fans safe at the iconic Macy's Thanksgiving Day parade The prey is started up and those who don't have cable can also watch it live on the peacock streaming service Three defendants convicted of killing Ahmed Aubrey are headed to prison Dan shenan reports After ten hours of deliberations madam foreperson I understand you have reached a verdict as to each defendant All three defendants charged in the death of ahmaud Arbery learn their fate Jurors returned guilty verdicts in the 2020 murder of the unarmed black man who was jogging through a Brunswick Georgia neighborhood when his encounter with the defendants began sentencing will take place later date 18 people have been injured after a tour bus collided head on with a sedan north of Honolulu 7 crash victims were taken to hospitals for with serious injuries their ages range from 15 to 39 Americans will be spending another Thanksgiving in the midst of a pandemic and hard hit Michigan doctor Justin's kerensky says healthcare professionals are bracing We know that Thanksgiving probably won't do us any favors in terms of the COVID numbers We're hoping to surge doesn't get so high that we can't handle the numbers here The nation's top infectious disease expert doctor Anthony Fauci is encouraging folks who've been vaccinated to enjoy the holiday safely and says you can even ditch the masks around vaccinated family members The parents of a California teenager are suing a high school and a Catholic diocese over alleged football hazing They say their son suffered brain damage during a ritual known as bodies as were two players fight until one gives up but the lawsuit claims the fight went too far and no one from modern day high school stepped in to stop it I'm Michael castner The Biden administration reportedly plans to offer COVID-19 vaccines to migrants who enroll in the Trump era remain in Mexico policy the President Biden is restarting Thomas reports News website axios cites two government officials who said the administration will offer vaccines to migrants seeking asylum in El Paso and Brownsville Texas as well as in San Diego Axios reports the policy could go back into effect as soon as next week I'm Trey Thomas Procter & Gamble is recalling two brands of aerosol deodorant More from Brian shook Officials say their voluntarily recalling certain old spice and secret spray on antiperspirants because benzene was detected The chemical has been linked to certain cancers although a representative for the Cincinnati based business says no problems are anticipated given the small level of benzenes that's in the deodorants Customers who purchase products shouldn't use them but return them for a full refund I'm Bryan shook A man has been sentenced to death in North Korea for smuggling in copies of the hit Netflix series squid game More from Mark Mayfield Authorities allegedly caught high school students watching the show with sources saying it was smuggled in from China on USB drives The smuggler faces death by firing squad while 6 students who watched the series have been sentenced to 5 years hard labor Teachers and school administrators have also been fired and faced banishment to work in remote mines Veterans soap actor Steve Burton has played Jason Morgan for 29 years on general hospital he confirmed news on his Instagram that he has been fired Unfortunately general hospital has let me go because of the vaccine mandate He says he's firm and his position This is also about personal freedom to me I don't think anybody should lose their livelihood over this Burton doesn't rule out a return to the soap when the mandates are lifted fellow actor ingle raw democracy is also off the show after he rejected the mandate I'm Michael kassner And doctor D's Pellegrini in the Bloomberg news term And we're watching Europe this hour closely sources telling us the ECB is now actually eyeing possible limits on some other riskiest parts of bank lending to indebted companies But the sources do also say that some ECB board members are reluctant to impose curves like that at this time And right now the footsie in the UK it is up about two tons of a percent the decks in Germany up about a tenth of a percent and the cat in Paris up about two tenths of a percent Crude oil futures are slightly lower And Damien corville and head of energy research at Goldman Sachs as the Biden administration should actually be letting oil prices rise to spark more production instead of releasing more reserves to keep oil prices in the U.S. down Well we really need is aggregate supply to rise further to meet what is still relatively good oil demand right We're back to pre COVID level growth in the global economy international travel push demand to record highs next year of the year after that So we truly need that CAPEX increase That's pretty what we're solving for One gets producers to spend more And indeed just as correlating suggests at these lower prices U.S. shale explorers are actually showing very little sign of accelerating the pace of deploying for drilling rigs and we get more on that part of the story from Bloomberg's Charlie pellet That's despite criticism from the Biden administration that they're holding back on production to the detriment of consumers according to weekly baker Hughes data the number of rigs drilling for crude and U.S. fields rose by 6 to 467 this week It is the second consecutive month that operators added 23 drilling rigs suggesting that explorers are more interested in growing production slowly and steadily than in heating the administration's call for more supply All right thank you Charlie Global news 24 hours a day Honored on Bloomberg quick take powered by more than 2700 journalists enamels in more than a 120 countries In the news her mom did east Pellegrini this is Bloomberg.
Bloomberg Radio New York
"michael castner" Discussed on Bloomberg Radio New York
"Day in the Kyle rittenhouse trial The 12 member panel did not reach a verdict in the case and will deliberate for a fourth day on Friday This will continue while the judge looks into a defense motion to dismiss because the prosecution allegedly withheld video footage of the shooting and brought up previously barred evidence The congressional budget offices estimating the social spending package will add to the national debt The CBO said the $1.7 trillion bill would increase the budget deficit by $367 billion from 2022 to 2031 House speaker Nancy Pelosi It's paid for by wealthy corporations paying their fair share Two men convicted in the murder of Malcolm X are now officially exonerated over 55 years after the civil rights icon was assassinated Manhattan district attorney Cy Vance showcased specific evidence that cleared Muhammad Aziz and Khalil Islam after it was withheld from the defense all those years ago A north Texas congresswoman believes The White House may be retaliating against a school district with a race and gender discrimination investigation Lisa Taylor reports Beth van dyne says the Biden administration isn't happy with the Carol independent school districts rejection of liberal policies The Republican claims the district hasn't done anything wrong The U.S. Department of Education says they received three complaints against Carol ISD last week the district is promising to cooperate I'm Lisa Taylor Tampa Bay Buccaneers wide receiver Antonio Brown is being accused of obtaining a false COVID-19 vaccination card According to brown's former personal chef Stephen Ruiz the receiver had his girlfriend reach out to Ruiz over the summer to obtain a fake vaccination card that indicated Brown had received the Johnson & Johnson shot According to text messages provided by Ruiz brown's girlfriend offered him $500 for a fake card I am Brian shook The U.S. conference of Catholic bishops has taken action on a communion document Michael castner explains follows months of debate over whether it should clarify the church's teachings or serve as a reprimand Catholic lawmakers over the issue of abortion while not specifying Catholic lawmakers by name the action was prompted in part by President Biden He's about Catholic who continues to receive communion despite the stance on abortion rights and direct conflict with the church's teaching The proposal the bishops approved is meant as a teaching document on the right of community to clarify its meanings and significance and broaden its understanding in the church community I'm Michael kosner California pizza kitchen is reporting a massive data breach that exposed the social security numbers of thousands of current and former employees The U.S. pizza chain confirmed that cybercriminals had infiltrated its systems and gained access to files that included employee names and social security numbers a notification from the main attorney general's office reported over a 100,000 current and former employees were affected by the breach A bear in California seems to be searching for a snack after being caught on video inside a 7 11 store Mark Mayfield with more an employee at the store in the Lake Tahoe area saw the bear going through the store's trash than went back inside to call 9-1-1 The bear then followed the employee and pushed the door open to walk inside the store emergency officials arrived on scene and used rubber bullets to scare the animal away The employee said the bear returned some hours later to dig through the trash again but did not try to come back inside the store I'm Mark Mayfield An owl is making a special appearance at a Florida elementary school Bonnie Warren is a second grade teacher at Central Park elementary school in plantation where the school mascot is an owl Warren says students were released early when somehow an owl flew into her classroom If the coincidences weren't enough the bird landed on the teacher's book titled nature's show offs I'm Brian shook And I'm Doug Kushner at Bloomberg world headquarters in New York Let's check this hour's top business stories on the markets shares in Alibaba group holding down more than 10% right now in Hong Kong trading This is after the company cut its fiscal outlook for 2022 And this has raised a lot of concern about intensifying competition and dwindling consumer spending in China The disappointing forecast from Baba followed a miss on sales for a second straight quarter After the bell in the U.S. Applied Materials slumped as much as 8% after supply chain constraints forced the company to give a downbeat forecast Applied Materials is the biggest maker of machinery used to manufacture semiconductors so far it shares this year have jumped 84% due in large part to a boom in chip production Peloton interactive is being sued by a Florida pension fund for falsely assuring investors that peloton's dramatic COVID-19 inspired sales surge would continue at the end of the pandemic We had shares an apple rising nearly 3% in New York trading That was after Bloomberg news reported the company is pushing to accelerate development of its electric car We are told this project will be focused around full self-driving capabilities Apple is pushing for a debut in early 2025 We check markets every 15 minutes here on Bloomberg The weakness in Alibaba share sending the hang seng down 1.7% other markets in the apac region trading higher in Tokyo the nikkei up four tenths of 1% on the Chinese mainland Shanghai composite higher by two tenths of 1% In sold a Cosby rising by more than a half of 1% and in Sydney the ASX 200 is ahead just a tenth of 1% The U.S. ten year treasury in the Tokyo session now with a yield of 1.59% Global used 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries This is Bloomberg.