18 Burst results for "Robin Hayes"
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"The The as well Department as charging participating of charges Justice are in has Donald related formally J. to announced a Trump's conspiracy Trump with charges to against felony former obstruct violations The Department of President justice Justice has formally announced charges of Donald special against Trump. counsel our jack national smith security said the laws former former as President Donald Trump. The DOJ unsealed the federal indictment of Trump a day after he announced he would become the first former president to face federal charges. For more on this, I'm Jim Forbes. Four children who went missing last month after their plane crashed in the Amazon jungle have been found alive. Colombia's President Gustavo Petro tweeted the news Friday and shared photos of the children with the rescue teams the indigenous children ages 13 9 4 and an infant were the only survivors of a plane that crashed in the Colombian jungle May 1st killing three including their home a shooting in San Francisco's Mission District has injured nine people multiple victims suffering from apparent gunshot wounds. A San Francisco Police Department spokesperson They are expected to survive the shooting happened Friday night at a party police say there's no word on any suspects this at time but they believe it's an isolated incident that was targeted the prime suspect in the 2005 disappearance of Natalie Holloway is pleading not guilty to extortion charges. Joran van der Sloat appeared in an Obama courtroom Friday after being extradited to the U .S. from Peru he faces charges for allegedly trying to get $250 ,000 from Holloway's mother in exchange for the location of her body Holloway went missing something while on a high school trip in Aruba. Her body has never been found. The air quality in New York has improved just in time for the Belmont Stakes the final leg of horse racing's Triple Calum will take place later today at Belmont Park I'm Brad Siegel Wall Street closing modestly higher Friday to wrap up a positive week Natalie Migliori takes a look at the numbers Tesla shares rose nearly 5 % on news GM will use its electric vehicle charging network the market is also looking ahead to next week's CPI data and the Federal Reserve's two day policy meeting at the closing bell the Dow Jones gained 43 points the S &P 500 added four points and the Nasdaq rose 20 points I'm Natalie The Department of Energy is on the verge of approving an 850 million dollar loan to a battery manufacturing company the money would go to core power to create a facility in Arizona that would strengthen the country supply chain electric of vehicle batteries the facility would produce six gigawatt hours of battery cell storage that's enough to power nearly 30 ,000 electric vehicles every year a mayor in Southern California wants federal help with sewage Kaye Lucinda has more the mayor in Imperial Beach wants the White House to declare a federal emergency over sewage Mayor Paloma Aguirre sent a letter to the Biden administration asking for federal intervention she says sewage from the Tijuana River has caused so much pollution along the shoreline beaches have been closed for 159 consecutive days she says that affects the health of the community and even national security Aguirre says the Office of Environmental Justice needs to step in I'm Lucinda Kaye Netflix seeing a big bump in subscription since implementing new password -sharing rules the television analytics company antennae reported Friday the streaming giant and saw its best four -day period of new signups in the US in the days following the announcement Netflix gained nearly thousand 100 new subscribers May 23rd and an average of 73 ,000 new signups over that four span -day Mexico will seek legal and diplomatic measures over Florida's migrant relocation program a statement from the Mexican Foreign Ministry condemns the transporting of migrants from states that border Mexico to parts other of the United States for political reason I'm Brad see and I'm Denise Pellegrini in the Bloomberg newsroom JetBlue and American Airlines are now offering to work their northeast operating alliance to keep antitrust officials happy JetBlue CEO Robin Hayes says alliance the though is benefiting customers customers have enjoyed a lot more flight so it could be very challenging on pay and that's something we're gonna have to to work through JetBlue and American are offering to keep code there are shared loyalty agreements in place but stop scheduling and sales together the Justice Department is still crafting its final injunction against the two Wall Street looking ahead to a critical week with the CPI report Tuesday and that fed decision on Wednesday Muhammad El -Erian Bloomberg opinion columnist president of Queens College Cambridge and a former CEO of Pimco says get out the popcorn now if they don't get favorable inflation numbers they're in a really hard situation because they will have to surprise the market so it's be gonna fat next week is gonna be absolutely fascinating Tuesday Wednesday is gonna be probably the most interesting 24 hours a little bit more 36 hours that we've seen for a long time El -Erian commenting on Bloomberg radio and television will live special coverage of Wednesday's Fed decision many expecting the Fed to pause the rate hikes investors of course also eyeing that federal indictment against Donald Trump unsealed yesterday alleging the former president tried hide to government documents and share secrets we're tracking it all for you here this weekend on Bloomberg radio as events unfold Bitcoin and other cryptocurrencies falling again today investors spooked by the ongoing SEC crackdown on key digital asset exchanges launching lawsuits against Binance and Coinbase global coinbase CEO Brian in Armstrong telling us the SEC though stiffed Coinbase and failed to show up for meetings giving Coinbase feedback it's really unfortunate we work with regulators all over the world other regulators here in the US I think I'm a reasonable person to get along with but unfortunately the SEC under you know this chair taken has a regulation by enforcement approach instead of creating a clear rulebook in the US that can allow this industry to be built in a safe and trusted way and Armstrong commenting to us there at Bloomberg Invest New York the Energy Department says it's planning to purchase three million more barrels of crude oil for the strategic petroleum reserve we get more on that from according to a DOE statement a previous solicitation for about three million barrels resulted in contracts awarded to five companies with the oil being purchased for an average price of about about seventy three dollars a barrel the move marks the agency's attempts to begin replenishing the emergency 200 million barrels last year in part to curb high energy prices charlie pellet bloomberg radio thank you charlie and speaking of commodities that morning jolt of coffee may set you back even more we'll have more on that coming up here on Bloomberg global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in over a hundred and twenty countries entities pellegrini and this is bloomberg this is bloomberg wall street we may not have an overall recession we're a having rolling recession the kind of world looks pretty strong when it comes to jobs the financial stories that shape our world three major regional bank failures send shockwaves through the banking system we're all trying to figure out what to make a generative AI through the eyes of the most influential voices welcome now dr. Paul Krugman Brian Moynihan of Bank of America Deborah Lehrer of the Paulson Institute Glenn Hubbard of the Columbia Business School Bloomberg Wall Street with David Weston from Bloomberg Radio a whole lot of smoke and fires to match some being started and some being put out this is Bloomberg Wall Street week I'm David Weston this week Bridgewater founder Ray Dalio and economic historian Neil Ferguson on where China is headed there's not a winner or a loser I'm not saying there's any guarantee that the United States is the side that wins Cold War II feed salaries of KKR are on a different approach to private equity this is a superior way of operating a company in every respect and Bank of America CEO Brian Moynihan I'm saving money with AI where I really think is near helpful -term is in computer
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"You used to get up at 6 a.m.. You're back at 8 p.m.. You go from one meeting. Robin Hayes told the JPMorgan 2023 industrials conference, that kind of trip is now a one hour Zoom call after. A nice leisurely morning taking a few calls. Hayes says airlines have to rethink some roots and schedules created for the benefit of one day there and back business travelers. Those include JetBlue's 15 daily flights between New York's Laguardia airport and Boston. We thought that was a great idea. It turns out it wasn't. And that's now going to be 9 or ten as we get later into the year. The industry can console itself with the fact that business and vacation travelers alike are paying more to fly, which is lifting airline revenue to pre COVID levels. Tracy John key, Bloomberg radio. And I'm Susanna Palmer in the Bloomberg newsroom. We're hearing officials at the Federal Reserve are considering what to do about first republic bank, if anything needs to be done. Our source says the fed is thinking of expanding an emergency lending facility for banks in ways that would give first republic bank more time to shore up its balance sheet, but extra support may not be needed. Watchdogs see first republic as stable enough to operate without any immediate intervention as the company and its advisers try to work out a deal to shore up that balance sheet. President Vladimir Putin of Russia said Russia is preparing to station tactical nuclear weapons in neighboring Belarus, escalating a confrontation with the U.S. and its allies over the war in Ukraine. Putin said in comments broadcast on state television today that Moscow isn't handing control of the weapons to Belarus and won't be in breach of its non proliferation obligations under an agreement with Belarusian president Alexander Lukashenko. Putin says the U.S. has, quote, long deployed tactical nuclear weapons on the territory of
Squawk Pod
"robin hayes" Discussed on Squawk Pod
"Senator Mark Warner on the push to ban TikTok. We've had this whack a mole approach on foreign based technology for years. Bipartisan legislation being introduced today to limit foreign technology in the U.S.. This is a modern framework that would take on foreign communication technologies across the board. We include artificial intelligence. We include quantum computing, we include synthetic biology, and three years, and a lot of change, since March 2020, semaphores Liz Hoffman has one of the first inside accounts of corporate leaders facing the pandemic. I think there's a piece of 9 11 in this, it was a fear event. People were afraid. Plus, in airline merger on the brink. It's the highest number of antitrust actions ever taken. This would have created the 5th largest airline in the U.S.. And the Biden budget 2024, early details coming out. He had the House and the Senate until January. If you wanted to do something like this, you probably should have done it a little earlier. It's Tuesday, march 7th, 2023, squawk pod begins right now. Stan Becky bye in three, two, one, two, please. Good morning, everybody. Welcome to squawk box here on CNBC. We're live from the NASDAQ market site in Times Square. I'm Becky quick, along with Joe kernan, Andrew is off today. The housing market. I don't think we're going to look great. Big story today. Housing market cools. I mean, mortgage rates are higher than prices. You've noticed. They're higher in a directly translates and that how much expendable income you have after shelter. It also translates into whether people are willing to sell their homes because if you were going to sell a mortgage that you locked in at 2.9% and have to get a new mortgage at a much higher rate, that's going to keep you from doing it, which means there's not a whole lot of supply on the market either. So that is definitely we got to do the Ben Franklin close. That's definitely okay, stop the pivot. But on the other side, restaurants, air travel hotels, anything that's fun. Any experience. Your place in general, and there's a concern that with the hiring market hanging in there that you could see rents start to pick back up again too. There's a delay in that. The employment market has been very strong as a result you might see rents pick back up and that will have an impact. If people make more money, they're spending it on restaurants and travel. Places they want to build. So it's all it's all pandemic related, I think. Is it related to how much money we spent? I don't know, we have Kevin McCarthy on yesterday talking about how much the interest expense is going to be in the future. It's going to be what he said it was 9 trillion total cumulative and in the next ten years it's going to be 10 trillion dollars. Just in the next and I said, I would take the over on that because the freights go higher for longer than the interest is going to be the CBO just puts in numbers depending on projections. We're data dependent as the fed and you're worried about inflation because as inflation goes up, wages may be going up, but they're not keeping pace with the rate of inflation, which means the standard of living will decline. And it will hurt the people at the bottom rungs the most. Right. Inflation is an insidious thing that's those higher unemployment. President Biden has an op-ed in The New York Times this morning. He says that the budget that he plans to release this week, which we haven't done actually done a budget in a while. We'll include an increase in the Medicare tax rate on earned and under an income above $400,000 from 3.8% to 5%. The president said that tax along with a savings from allowing Medicare to negotiate lower drug prices would help keep the Medicare trust fund solvent beyond 2050 cutting benefits that might be the beginning of some type of negotiation. That's the other thing that both in recent interviews, vice president Pence, and yesterday. Something not necessarily cut Medicare and social security, but you've got to fix it because it's going to be what I don't understand is why this isn't something, because this is going to be a non standard with the house, the Republicans, Republicans are not going along with it. He had the House and the Senate until January. Yeah. If you wanted to do something like this, you probably should have done it a little earlier, moved it through when you actually controlled all three. And you know that 400,000 number comes up again and again and again. But it just depends on, obviously, where you live. Sure. New York City, you probably aren't. I mean, you're doing well. You're doing well. But that's for married, is it? I think it is for marriage. JetBlue said it expects that the Justice Department's going to sue this week to try to block the airlines of planned takeover of spirit air, CEO Robin Hayes said in an interview that regulators have from the very beginning seemed intent on stopping the merger right from the onset outset and he said that as an et cetera. He said that JetBlue prepared to contest the Justice Department lawsuit in court. JetBlue and spirit agreed to combine last year in a $3.8 billion deal. It's piddly. It's small, there are tiny, they can't, it would be, I think, what is it? Like total 10% of the air travel they can't compete now. Neither one of them with the majors. Yeah, but if you have, if you have a low cost low cost provider in a market, it definitely brings everybody's prices down a little bit. But JetBlue is not odd. It's really a high cost. The Justice Department and other government agencies have at other times argued that JetBlue actually brings down costs. And in this case, now they're saying, look, right now the Justice Department is not going to let they're just not letting anything go, it's crazy and probably not great, but it's the highest number of antitrust actions ever taken. This would have created the 5th largest airline in the U.S.. They say they argue that it would actually some of the majors don't fly to small cities anymore. They would reopen some of those. They say it would actually be make it more competitive to compete against the majors if these two got together. Yesterday, Florida's attorney general announced a settlement agreement with the airlines that she said would bring new flights and jobs to Florida, resolving her office as concerns with the merger. JetBlue shares closed 1% higher. Spirit stock fell 8.8%. And if it's not the, it's not the Justice Department. They've got to get by the other agencies and anyone can block this. What's the other one that's looking at the CC or? No, I heard it this morning. It was JD's gonna sue. And then, oh, the Labor Department. Labor Department can also block it. Yeah, I could block it by oh no, I'm sorry, transportation department. And say that they're not going to give them the certificate. Hand it over. Yeah. You can't just, if you approach every single thing with a no. That's not what you're supposed to be doing. You're supposed to actually be. It's a freeze on things. Have you seen anybody try and do? I mean, that's why there's so little M and a activity right now. Right. We've had arguments over the years on whether it's expensive to fly. It's gotten more expensive in the last year. But versus 1975 prices, it's much cheaper on a I'm a little bit more about the demand picture making them maybe not as cautious as they've been in the past. In the meantime, shares of WW international, which is, of course, formerly known as weight watchers, are sharply higher today after the company is buying digital health company sequence. That's a service that offers telehealth visits with doctors who can prescribe drugs that are used to treat diabetes and obesity, including the drug ozempic, and Uighur beans that we give. Is that how you say? I don't even know what that is though. Do I look like I need a weight loss drug? I was epic. That one I've heard of. Well, because of whoever I want to go find the advertising agency, I do. And I want to, I'm not going to threaten them, but I almost put for doing that. Yeah.
WTOP
"robin hayes" Discussed on WTOP
"Liberty Mutual Insurance. I'm Steve K fin bad news about those Americans who were seized late last week in Mexico, CBS Omar via Franco. The governor of the and also the attorney general of dama lipa's, both reported that two of the four Americans were killed. The third American was injured. We do not know the condition of that American and another one was not hurt. In this case, we're trying to find out if there was a hospital in Matamoros that they showed up at or they were taken to and left there and currently who has them in custody. A relative says the four went to Mexico for a medical procedure for one of them. The Justice Department is just filed suit to block the JetBlue spirit airlines merger. Attorney general Merrick Garland. We alleged that if allowed to proceed this merger will limit choices and drive up ticket prices for passengers across the country. And we further allege that the impact of this merger will be particularly harmful for travelers who rely on what are known as ultra low cost carriers in order to fly. JetBlue, CEO Robin Hayes on CBS mornings disputed that line of thinking. JetBlue and spirit together will be 8 or 9%. Most people are still going to be flying on the other airlines. That's where you're going to save the really big dollars by having a bigger JetBlue. Federal Reserve chairman Jerome Powell telling Congress today the size of interest rate hikes could be increased if evidence continues to show a robust economy. If a totality of the data were to indicate that faster tightening is warranted, we'd be prepared to increase the pace of rate hikes. A new bipartisan effort in the Senate would give the Biden administration new power to deal with some foreign companies. The proposed legislation would allow the secretary of commerce to take action against tech companies based in 6 nations, including China based TikTok owner ByteDance. The secretary would be able to take a series of actions, including altogether bad companies in Russia, Iran, North Korea, Venezuela, and Cuba that are deemed a national security threat. Allison keyes, CBS News, Washington. Well, CBS is Stephen portnoy tells us President Biden is laying out a new vision for Medicare just before Thursday's White House budget announcement. With experts saying the Medicare trust fund risks insolvency in the next three to 5 years, the president proposes to extend the life of the program for a quarter century, mainly through what he calls a modest tax increase on the wealthy. Mister Biden's proposal would raise the Medicare surtax on high incomes from 3.8% to 5%. With that extra funding, the president says Medicare could cap out of pocket costs for certain generic drugs at $2 a month. Checking Wall Street right now the Dow is down 399 points. The NASDAQ's down 89, the S&P is down 44. This CBS News. Nobody should have to pay for one size fits all insurance coverage. Liberty mutual customizes your car and home insurance so you only pay for what you need. Liberty Mutual Insurance. This is WTO P
WTOP
"robin hayes" Discussed on WTOP
"Is CBS News on the hour sponsored by Liberty Mutual Insurance. I'm Deborah Rodriguez, President Biden has unveiled a plan to keep Medicare from going belly up in an op-ed in today's New York Times. White House correspondent Steven portnoy has our top story. With experts saying the Medicare trust fund risks insolvency in the next three to 5 years, the president proposes to extend the life of the program for a quarter century, mainly through what he calls a modest tax increase on the wealthy. Mister Biden's proposal would raise the Medicare surtax on high incomes from 3.8% to 5%. With that extra funding, the president says Medicare could cap out of pocket costs for certain generic drugs at $2 a month. Still no sign of four Americans attacked and kidnapped Friday after they crossed the border from Texas into Mexico. Correspondent Omar via franca is in Brownsville. Matamoros is a city with more than half a million people in the state of the family. The U.S. embassy has warned of dangers there due to drug cartel violence, crime, and kidnapping. But the trouble advisory for tamaulipas state remains at level four. Some are calling on the Biden administration to put more pressure on the Mexican government to help. A United Airlines passengers under arrest after cell phone video captured him attacking a flight attendant with a broken metal spoon, and after she tried to stop him from opening an emergency exit to jump out of the plane, going from LA to Boston. CBS News travel editor Peter Greenberg. When you interfere with a member of a flight crew, and by the way, that could be as simple as not obeying their command to acting out physically against them, you're in violation of a federal law. Fellow passengers held the man down until they landed at Logan airport. CBS News has learned Justice Department lawyers could file a lawsuit as soon as today to block JetBlue's proposed merger with spirit airlines. It would create the 5th largest airline in the country. JetBlue CEO Robin Hayes tells CBS mornings. What we're trying to do is make a bigger JetBlue to bring the JetBlue brand, the JetBlue product, the JetBlue people, and the JetBlue fares, more nationally than we can do today. Defense secretary Lloyd Austin made a surprise stop in Baghdad, CBS's cabbie McCormick. He's the senior most official in the Biden administration to visit Iraq and his trip comes ahead of the 20th anniversary of the U.S. Leonard invasion there, and alston said the U.S. is committed to keeping its military presence there. The U.S. forces are ready to remain in Iraq at the invitation of the government of Iraq to support the Iraqi led fight against terrorism. New large study details symptoms in long COVID patients infected early in the pandemic that finds their 36% more likely to have long-term gastrointestinal problems like stomach
WTOP
"robin hayes" Discussed on WTOP
"Past the hour brought to you by pen fed credit union, great rates for everyone. The Justice Department is preparing to file suit to try to block JetBlue's proposed takeover of spirit. The $3.8 billion deal announced in July would create the 5th largest airline in the U.S., CBS News confirms Justice Department lawyers could move to stop the transaction as early as today. JetBlue CEO Robin Hayes tells The Wall Street Journal that he expected the lawsuit saying antitrust officials came to the table with their minds made up. Hayes says JetBlue would fight a government suit in court. Air fairs have bounced back from pandemic lows and WTO's Jeff clay ball says one of our airports now ranks among the most expensive. Based on average airfares, dulles ranks as the third most expensive airport in the country for travelers, but dulles fares are skewed by all of the more expensive international flights, vellus has the most international passenger traffic in the mid Atlantic and northeast, outside of New York City. The airport with the highest average airfares is in anchorage, Alaska, the cheapest airports, Oakland, international and California, and Fort Lauderdale in Florida. 6 41, the woman who died last week after a business jet hit severe turbulence over New England has been identified as Dana Hyde. The 55 year old has ties to the Clinton and Obama administrations. The accident happened Friday on the jet flying from keen New Hampshire to Leesburg, Virginia, the national transportation safety board, says the jet may have had a stability problem before encountering turbulence Investigators are looking at the plane's trim, the adjustments made to control surfaces. Dana Hyde of cabin John Maryland died of blunt force injuries according to the medical examiner, she served as counsel for the 9 11 commission and also worked at the State Department and for The Office of management and budget. And speaking of planes, you might see some low flying aircraft today, norad is planning some military training activities near the district, a coast guard helicopter and a single engine plane will be in the air between 10 a.m. and noon as part of that exercise norad calls it a routine one. Defense secretary Lloyd Austin made an unannounced visit today to Baghdad. It comes just days before the 20th anniversary of the U.S. led invasion that ousted Saddam Hussein. The defense secretary is expected to meet top officials during his visit to Iraq, which is home to hundreds of American troops helping in the fight against the militant Islamic State group. A poll of thousands of American families is pointing to the best small towns to visit in the U.S.. The results published by family destinations guide show that warrenton, Virginia, comes in at number 82. Shinka tig, Virginia landed at number 7 in Maryland, saint Mary city ranks number 61, Bel Air comes in at number 97 and Ellicott City sluts in at number 138. Hallo aloa Hawaii ranks number one. Yeah, it's a list of best places to visit. So hard to compete with Hawaii when you're on a list like that. Yes. Still a head on WTO P one high school in Northern Virginia is boosting security at 6 43. For more than 50
WTOP
"robin hayes" Discussed on WTOP
"20% on long fence Dex pavers and fences go to long fence dot com today and schedule your free in home estimate. 5 ten money news at ten and 40 past the hour, the Justice Department is preparing to file suit to try to block JetBlue Airways proposed takeover of spirit airlines. The $3.8 billion deal announced in July would create the 5th largest carrier in the U.S., CBS News confirms Justice Department lawyers could move to stop the transaction as early as today. JetBlue CEO Robin Hayes told The Wall Street Journal yesterday he expected the lawsuit saying antitrust officials came to the table with their minds made up. Hayes says JetBlue would fight a government suit in court. Airfares have bounced back from pandemic lows and Jeff claw says one of our airports now ranks as among the most expensive. Based on average airfares, dulles ranks as the third most expensive airport in the country for travelers, but Delos fares are skewed by all of the more expensive international flights, vellus has the most international passenger traffic in the mid Atlantic and northeast, outside of New York City. The airport with the highest average airfares Anchorage Alaska, the cheapest airports are Oakland international and California and Fort Lauderdale Money news brought to you by the chantilly family boat show. She got the winter blues that Northern Virginia's largest boat show. Votes are in stock rigged and ready for family fun. Chantilly family boat show, march 10th or 12th Dallas expo center, details at VA Bo chose dot com life is better with a vote. And coming up. This women's history month look at female representation in the arts in the push to improve. I'm Melissa Howell. It's 5 12. Ever since we got Xfinity mobile, the whole family
Northwest Newsradio
"robin hayes" Discussed on Northwest Newsradio
"Stranded cars and closed down parts of major freeways. Erosion from the storm caused rockslide in those powders national forests. The heavy downpour caused the Santa Clara river to swell. In Valencia, several motor homes fell into the river after an embankment collapsed in an RV park. Kind of afraid we're going to have to evacuate if it gets any worse. Video posted by rescue crews showed one of the RVs at the bottom of the river. Luckily, no one was injured. In Pasadena, first responders pulled a man out from fast moving waters after he fell into a creek. The storm strong winds knocked down trees crushed cars and even homes. Whiteout conditions in the mountains caused treacherous driving conditions, drivers dug out their buried vehicles. Stuck cars were towed away. And people are still picking up the pieces. They just can't believe that this happened here. And it usually just looks like a trickle, but the LA river actually looks like a river and it's gonna continue to grow. That's ABC's serene Shah reporting. Investigators are trying to figure out what caused the deadly crash of a medical transport plane Friday in Nevada. They're not answering. Robin Hayes made one of several 9-1-1 calls Friday night around 9 15 local time for a possible plane crash near stagecoach Nevada outside of Reno. Henderson got to the crash site. My daughter said, oh mom, that's careful. And my heart just sank. Rescue crews locating the down single propeller aircraft immediately searching for survivors. Part of the right wing separated. The other part was the tail section, and that whole portion separated from the aircraft. The medical air service care flight confirming in a statement that none of the 5 passengers on board survived. The victims, the pilot, two flight medical personnel, a patient, and a member of the patient's family. Our organization is grieving the loss. Of our valued team members, and we extend our deepest condolences to their families. Care flight also grounded the rest of its fleet of aircraft as they investigate the incident. The NTSB will now be investigating, looking to see if there are any potential mechanical issues. They'll also be checking into the inclement weather that was in the area to see if that may have played a role. ABC's Phillip off reporting, the Ukrainian military says Russia has launched attacks with exploding drones on several regions of the country, ABC's Patrick REvil has the latest. Destruction around the eastern Ukrainian city of bakhmut, where Russian forces are claiming to be advancing. Ukrainian troops battling to prevent the Russians from encircling them. Russia
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"And I'm Susanna Palmer in the Bloomberg newsroom, as we have been reporting top U.S. officials accused Russia of committing crimes against humanity in Ukraine and said the Kremlin has been carrying out systematic attacks against civilians in the country. In an interview with Bloomberg's Maria todayo at the Munich security conference today, UK prime minister Rishi sunak said Ukraine has the support of many countries in helping it defend itself. There are things that Ukraine needs to gain that decisive advantage on the battlefield. That's why the provision of heavy tanks was so important to my air defense is absolutely critical. You're right to mention artillery and longer range weapons also help. Now those are all the things that will allow Ukraine to defend itself and repel Russian aggression. And indeed, yes, to have a counter offensive that moves Russia outside of its own country. I think that's entirely reasonable, and we should be fully behind Ukraine in that ambition and want that ambition to succeed. Secretary of State Antony Blinken sat down with China's top diplomat Wang Yi today and the first person to person meeting between the two nations since an uproar over that alleged spy balloon dramatically worsened U.S. China ties. The meeting took place on the sidelines of that Munich security conference. It comes on the same day that Huang lashed out at the U.S., calling president Joe Biden's decision to shoot a balloon over American airspace and the heightened state of alert incomprehensible and almost hysterical. The meeting is blinken's first with Chinese counterparts since U.S. officials condemned Beijing for flying what they said was a high altitude surveillance balloon over the continental U.S.. JetBlue Airways is preparing for a possible lawsuit from the U.S. Justice Department seeking to block the carrier's merger with spirit airlines. The story from Bloomberg's Charlie pellet. The JetBlue CEO Robin Hayes says while antitrust authorities have not yet revealed whether they plan to take action to prevent the deal, a legal team is ready to fight if necessary a decision is expected to come in the next few weeks in an interview at Bloomberg's New York headquarters Hayes said quote we've definitely been preparing for outcomes that could include opposition from the DoJ. Charlie pellets Bloomberg radio. While the departure of YouTube chief executive officer Susan wojcicki was a surprise, the announcement of her successor was not, Bloomberg's Karen Moscow has more. Mohan has been wojcicki his top deputy for years moving over from Google's ads business to YouTube in 2015, he was widely seen as her natural successor, Mohan is considered to be a blue blooded Googler, a stayed technical operator unlikely to take YouTube and dramatically different directions. Hank Green, a prominent YouTuber reacted to the news, tweeting this is a logical, stable succession plan, and definitely points to no big immediate changes. Karen Moscow, Bloomberg radio. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Susanna Palmer. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of our Bloomberg surveillance podcast, a conversation with Seth Carpenter, Morgan Stanley's chief global economist. So I'd say the world goes in lots of cycles. There are very famous episodes back in the late 60s and into the 70s and the interactions between president Johnson and the fed chair and whether it was appropriate to tighten policy while the U.S. was fighting in Vietnam. So I think there have been periods where there's more politicization, there are periods where there's a bit less. I think the main thing from my personal experience is that the people inside the fed tend to be very, very focused on what their mandate is and they try to block out the political noise to the degree humanly possible. The mandate being to really bring inflation down to that 2% target. And that mandate is getting harder to wrap your head around right now because we don't understand the contours of inflation. If J Powell were having his fed press conference right now, do you think that he would mention disinflation as John was mentioning earlier? As many times as he did during that press conference. I had to save the last data print does make things a little challenging to read exactly. The fundamental story of disinflation from core goods and some hopefully coming disinflation from housing. That's generally in still intact. And you never want to fully change your worldview based on one month's worth of data. But there have been some surprises and it wasn't just one data series, the non farm payrolls report for January was strong. The CPI report had some surprises. The retail sales report was strong. All of those have to make you wonder, is there more resilience underlying resilience for the U.S.
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"Was so important. So I air defense is absolutely critical. You're right to mention artillery and longer range weapons also help. Now those are all the things that will allow Ukraine to defend itself and repel Russian aggression. And indeed, yes, to have a counter offensive that moves Russia outside of its own country. I think that's entirely reasonable. And we should be fully behind Ukraine in that ambition and want that ambition to succeed. Secretary of State Antony Blinken sat down with China's top diplomat Wang Yi today and the first person to person meeting between the two nations since an uproar over that alleged spy balloon dramatically worsened U.S. China ties. The meeting took place on the sidelines of that Munich security conference. It comes on the same day that Huang lashed out at the U.S., calling president Joe Biden's decision to shoot a balloon over American airspace and the heightened state of alert incomprehensible and almost hysterical. The meeting is blinken's first with Chinese counterparts since U.S. officials condemned Beijing for flying what they said was a high altitude surveillance balloon over the continental U.S.. JetBlue Airways is preparing for a possible lawsuit from the U.S. Justice Department seeking to block the carrier's merger with spirit airlines. The story from Bloomberg's Charlie pellet. The JetBlue CEO Robin Hayes says while antitrust authorities have not yet revealed whether they plan to take action to prevent the deal, a legal team is ready to fight if necessary a decision is expected to come in the next few weeks in an interview at Bloomberg's New York headquarters Hayes said quote we've definitely been preparing for outcomes that could include opposition from the DoJ. Charlie pellets Bloomberg radio. While the departure of YouTube chief executive officer Susan wojcicki was a surprise, the announcement of her successor was not. Bloomberg's Karen Moscow has more. Mohan has been stopped deputy for years moving over from Google's ads business to YouTube in 2015, he was widely seen as her natural successor, Mohan is considered to be a blue blooded Googler, a state technical operator unlikely to take YouTube and dramatically different directions. Hank Green, a prominent YouTuber reacted to the news, tweeting this is a logical, stable succession plan, and definitely points to no big immediate changes. Karen Moscow, Bloomberg radio. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Susanna Palmer. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of the tape podcast, a conversation with Omar Aguilar at Schwab asset management. What do you do at Schwab asset management about the sort of newer or alternative asset classes that retail investors are just starting to dip their toes into? I mean, how do you deal with these things at Schwab? These happens all the time, and we have had significant amount of interest. And happens in many cases. You may recall, not too long ago, the discussion about meme stocks and what people can use that information to invest and how they can use several information is the good news is that we attract a lot of investors to start being interested in investing. I think our challenge and our goal and mission continues to be to educate clients on how to think about the long-term. And what to think about the way to invest from the basic level of what are the fundamentals of what you try to achieve a financially and investment wise for each one of your goals. Areas like, for example, digital assets, any type of related information that is more supply and demand that there is little in terms of fundamental, there is little in terms of history. They tend to just be an option for clients to start getting their interest in investing, but not necessarily to form the core of their long-term strategy. We tend to just continue to educate clients to say, well, you know, the basic asset classes, the basic areas of investing for the long run, as of today, still consist on the basic cash fixed income equities. And yes, there will be other alternatives that are based on fundamentals that could actually
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"To gain that decisive advantage on the battlefield. That's why the provision of heavy tanks were so important. It's my air defense is absolutely critical. Your right to mention artillery and longer range weapons also help. Now those are all the things that will allow Ukraine to defend itself and repel Russian aggression. And indeed, yes, to have a counter offensive that moves Russia outside of its own country. I think that's entirely reasonable, and we should be fully behind Ukraine in that ambition and want that ambition to succeed. Secretary of State Antony Blinken sat down with China's top diplomat Wang Yi today and the first person to person meeting between the two nations since an uproar over that alleged spy balloon dramatically worsened U.S. China ties. The meeting took place on the sidelines of that Munich security conference. It comes on the same day that Huang lashed out at the U.S. calling president Joe Biden's decision to shoot a balloon over American airspace and the heightened state of alert incomprehensible and almost hysterical. The meeting is blinken's first with Chinese counterparts since U.S. officials condemned Beijing for flying what they said was a high altitude surveillance balloon over the continental U.S.. JetBlue Airways is preparing for a possible lawsuit from the U.S. Justice Department seeking to block the carrier's merger with spirit airlines. The story from Bloomberg's Charlie pellet. The JetBlue CEO Robin Hayes says while antitrust authorities have not yet revealed whether they plan to take action to prevent the deal, a legal team is ready to fight if necessary a decision is expected to come in the next few weeks in an interview at Bloomberg's New York headquarters, Hayes said quote we've definitely been preparing for outcomes that could include opposition from the DoJ. Charlie pellets Bloomberg radio. While the departure of YouTube chief executive officer Susan wojcicki was a surprise, the announcement of her successor was not Bloomberg's Karen Moscow has more. Mohan has been mojit ski's top deputy for years moving over from Google's ads business to YouTube in 2015, he was widely seen as her natural successor, Mohan is considered to be a blue blooded Googler, a state technical operator, unlikely to take YouTube and dramatically different directions. Hank Green, a prominent YouTuber reacted to the news, tweeting this is a logical, stable succession plan, and definitely points to no big immediate changes. Karen Moscow, Bloomberg radio. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Susanna Palmer. This is Bloomberg. Bloomberg radio on demand and in your podcast feed. On the latest edition of our Bloomberg surveillance podcast, a conversation with Seth Carpenter, Morgan Stanley's chief, global economist. So I'd say the world goes in lots of cycles that are very famous episodes back in the late 60s and into the 70s and the interactions between president Johnson and the fed chair and whether it was appropriate to tighten policy while the U.S. was fighting in Vietnam. So I think there have been periods where there's more politicization, there are periods where there's a bit less. I think the main thing from my personal experience is that the people inside the fed tend to be very, very focused on what their mandate is and they try to block out the political noise that a degree humanly possible. The mandate being to really bring inflation down to that 2% target. And that mandate is getting harder to wrap your head around right now because we don't understand the contours of inflation. If Jay Powell were having his fed press conference right now, do you think that he would mention disinflation as John was mentioning earlier? As many times as he did during that press conference. I had to save the last data print does make things a little challenging to read exactly. The fundamental story of this inflation from core goods and some hopefully coming disinflation from housing. That's generally in still intact. And you never want to fully change your worldview based on one month's worth of data. But there have been some surprises and it wasn't just one data series. The non farm payrolls report for January was strong. The CPI report had some surprises. The retail sales report was strong. All of those have to make you wonder, is there more resilience underlying resilience for the
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"Alongside Elvis Presley in girls girls girls. Her son confirmed Steven's death to deadline saying she died following a battle with Alzheimer's disease. I'm Scott Carr. And I'm Susanna Palmer in the Bloomberg newsroom. Abbott Laboratories is facing another probe into its role in last year's baby formula shortage that left millions of American families scrambling for vital nutrition for their infants. According to a financial statement filed Friday with the U.S. Securities and Exchange Commission, Abbott received a civil investigative demand last month from the U.S. Federal Trade Commission, seeking information in connection with its probe of companies that participate in bids for formula contracts. The investigation could lead to a lawsuit by the FTC. Former treasury secretary Larry summers said that the Federal Reserve's monetary tightening to date is having a limited impact. He says policymakers may have to do more than they had thought over a longer term to crush inflation. It raises the possibility that we're not landing at a terminal rate, sometime in the next several months, or that we're going to have to go back to hitting the brakes harder by more than 25 basis points. Some are spoke with David Westin on Bloomberg, Wall Street week. Vince McMahon is looking to get as much as $9 billion in a potential sale of world wrestling entertainment the company he returned to run this year all add according to people familiar with his thinking. The company has already received offers said the people who requested not to be identified because the discussions are private, WWE declined to comment. Sources tell Bloomberg Tesla has been weighing a takeover of battery metals minor sigma lithium. We get more about that from Bloomberg's trolley pellet. It comes amid rampant demand for the metal that's used in electric vehicle batteries. Those sources say the EV maker run by Elon Musk has been speaking with potential advisers about a bid. Another source says sigma lithium is one of multiple mining options that Tesla is exploring as it malls its own refining. Charlie pellet Bloomberg radio. JetBlue Airways is preparing for a possible lawsuit from the U.S. Justice Department seeking to block the merger with spirit airlines. While antitrust authorities haven't yet revealed whether they plan to take action to prevent the deal, JetBlue chief executive officer Robin Hayes said the company's legal team is ready to fight back if necessary. And he made the case for the deal. When JetBlue flies on the market, fairs come down and service improves. We were the first airline to put life to you in the back of the seats. We've had free Wi-Fi for ten years. We have the most legroom in coach. We don't overbook flights. And we offer low fares. No one else is doing all of that. And so with the merger with spirit, we'll just be able to do that to a lot more places more quickly. Hey, is there speaking yesterday on Bloomberg television? Global news 24 hours a day on air powered by more than 2700 journalists and analysts and over 120 countries. I'm Susanna Palmer. This is Bloomberg
Bloomberg Radio New York
"robin hayes" 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
"robin hayes" Discussed on Bloomberg Radio New York
"And Denver Colorado the Edmonton 8 to 6 rangers and lightning tonight at the garden to start the 8th finals Tampa Bay winners of ten consecutive playoff series two time defending Stanley Cup champs last NHL three Pete the islanders in the early 1980s rangers did sweep the regular season series with Tampa and one all three games 13 time French Open Jeff Rafael down in the semifinals in Paris he beat Novak Djokovic in four sets the match went over four hours it ended past 1 a.m. the dad will now play Alex zverev who took out the 19 year old Spaniard Carlos alcaraz John Stanley where Bloomberg sports Nathan Got a rest stop Thank you John It's 5 37 on Wall Street time for the tri state business report with Bloomberg Scott Carr Italian company farina maker of the Ferrari is opening an office in New York City hit second in the U.S. as part of plans to expand in North America They'll open a satellite office June 1st and Manhattan's Chelsea neighborhood They'll be joined by creative partner born group Shareholders of spirit airlines are being urged to vote no on the proposed merger deal with frontier airlines by proxy advisory group ISS New York City based JetBlue Airways however which countered with a higher bid in April applauds the report JetBlue chief Robin Hayes says their bid offers superior value though officials at spirit have expressed concern about getting regulatory approval if they were to merge with JetBlue New Jersey's largest health insurer horizon has just been named by JD power as the state's number one health insurer and top provider for the third year in a row That's the Bloomberg tri state business report I'm Scott Carr Thank you Scott It's 5 38 on Wall Street Bloomberg radio is on the air from San Francisco to New York London to Hong Kong Let's check in with our global news team for some of the top stories heard on our 300 affiliate radio stations around the world.
Aviation Week's Check 6 Podcast
A New Player in the Transatlantic Market
"So it's an exciting day today for one of america's most liked airlines jetblue flight w seven and airbus a-3 three twenty one l. Narrow body landed at london heathrow this morning after departing from jet blues new york. Jfk base last night that flight launched jet blue's entry into the transatlantic market beginning with daily service from jfk to heathrow and then adding daily service to london gatwick ultimately following with Boston to london. Ceo robin hayes. A former executive at british airways has promised to create a permanent and disruptive effect in the transatlantic market. So joining me today to discuss. What that could mean are two of my aviation week network colleagues north american air transport editor but ben goldstein and kepler senior analyst for the americas laurie ransom. Hey ben laurie great to have you on this. Thank you so to start off by just looking at that whole history that we know all too well of Long haul low cost carriers Starting up especially in the transatlantic market and more often than not failing What do you think might make this a different prospect with a jet blue and will this like jetblue like robin says be transatlantic disruptor. What are your thoughts laurie. Well i think as you said. Jetblue is one of america's most light brands and they have strongholds in new york and boston so they have strong point of sale here in the us. And i think that's a little bit different than some of the point to point carriers that had tried to do this in the past where if by bodies
106.1 FM WTKK
"robin hayes" Discussed on 106.1 FM WTKK
"Filling in for Casey for a few more minutes today and then tomorrow as well. The number if you want to participate in this here, discussion is 888934 78 74. That's 888934 78 74. We're talking about the censure of U. S. Senator Richard Burr by his own party, The North Carolina Republican Party Central Committee unanimously centering Her last night in an emergency meeting after Burr voted to convict Donald Trump on the impeachment charge, Eh? So let's go to J. Welcome to the program. Hey, J. How are you? Near O. J. Well, I was service center where it probably worked for what the Republican Party and North Carolina wanted to do a mite standing up to that senator. They probably saved What if you were there? Grassroots donor because that's kind of what happened. The 2016 with actually was 2015 was basically in a while. When he didn't go to the Democratic Convention for Trump. A lot of people called in and said to the Republican Party that if they find out So much as group Tasik a dime to run for office that would pull out away from him. He did the same thing that what? Rob Portman here in Ohio? You notice he isn't going to run again. Here in 2023. Wanted to Mm hmm. So a lot of it they were trying to save some of their donors over it. Right. So this is the challenge right? And that's the challenge of all of these primary versus general election calculations that are made that you know, the general rule of thumb has always been that in the primary, you run to the base. And then in the general, you try toe tacked back towards the center because you need to get some of those crossover votes in the middle and the problem with running candidates. That are not towards the center. Either in either party is that you risk losing the risk of losing is is greater. Also in 2018 Rana McDaniel had a lot of problems which The rhino's because people were complaining. You need to get them out of there. Right, But I don't know why donation problems. So I think the center of the party in North Carolina because said, I'm in a while, I gather is John trying to say some of their grassroots donors, and it probably worked to a degree. Interesting, right? J. Thanks for the call. I appreciate it. Um, I mean, well, could bring up Ed. Get ads. Comments on this hey, had welcome to the show. Hey, babe. Great here. You used to listen to you back when I was a national. Well, thanks. I got a theory on I got a theory on why Voted to impeach. Yeah, I think it's twofold. I think one he's Looking out for any future political career. He might have by saying, Look, I'm a moderate, I voted to impeach Trump. I think he looks through. I think he looks through a swamp. Ain't prism, if you will. You know what's in it for me? How can I best get out of this? And also, you know, life after Senate You know, he's probably gonna have to do something so he can You know, put a few more eggs in his basket if you will on potential I don't know if senators do lobbyist jobs after they go. Yeah, but you know something to that effect. What's your, you know that? Yeah, I know. I think that's I think that cannot be ruled out as part of the the decision making process. Um Because, you know he's not running again for re election. He's going to be done and they're probably can be a very lucrative career for him after he is out of office because he has been on You know the powerful intelligence committee and he's made a lot of powerful allies and you can. You can definitely see a role for him going to work for, you Know, a major defense contractor, for example, as a lobbyist and casting the vote the way he did may ingratiate him in a way that voting to acquit would not have Sure. How about I don't think that's Very possible. And you know, he runs his career when he Course when he told everyone that The covered wasn't going to affect your stocks while simultaneously selling off is so you know, right? And I and I remember Democrats calling for his head on a pike after that. But now they're like he's the you know. Look at him. He's the paragon of virtue. Encourage like it's again. It's it's all situational The and that's why I wonder if the center was really worth it. Because what by doing this censure whatever good may have been derived from it. You know, from a tactical or strategic standpoint, I think is offset by the downside, which is that you have now sent a message to anybody that light Richard Burr, right. You've sent a message to his fans that you don't want them around. You don't have any use for them, and they better fall in line. And generally speaking, people don't like to be, you know. Treated that way. But the other part of it is that you gave the media and Democrats but I repeat myself 48 hours now to just beat the stuffing out of you. Over it, and then they're not wrong, And that's the worst. I mean, like that's the worst part is like they're not wrong to point out that you're willing to censure Richard Burr. But you're not willing to send your Robin Hayes, for example, Right or David Lewis, right. These Republicans who broke the law pleaded guilty went to prison in some cases, and you didn't censure them and you get the Democrats that now get to go around spiking the football. Party, by the way that has not sent your They're people who have gone to prison, right? They haven't censured anybody. They didn't even send your What's his name? Dustin Hole. Right. The guy who a couple years ago was Mac in on all of the Democratic women at the fund raisers and kissing them without their permission and stuff and on Ben like anyway, so I don't wanna get into the sordid details of it, but they like he got primary and the Democrats turned on him. They never censured him at the party level, so they're now casting stones at the Republicans for centuries. Birth, but they haven't centered anybody that broke any rules in their ranks. So they get to live by that double standard, because that's that's the beauty. It's the benefit of being a Democrat. You know, the big D shielded blocks you from all kinds of coverage like that. So I'm sure it was part of that. I'm sure it was part of the calculation, but I'm not inside Bird's mind, so I have no idea how much of a role that might have played. Yeah. Which would you bring that up? Do you think that's a reasonable thing for him to consider them? If he knows that. I mean, think about from from a you know, just from a strategic standpoint, he knows that his vote is not really going to matter. It's not going to be the deciding vote. So who cares? Right? Well, it just shows his true colors. If if anyone didn't already know him, if that's why he voted that way. Yeah, I just think I think if you're You're voting. I mean, it was totally unconstitutional to begin with. So He even said that right? Yeah, around about, you know, votes that way to impeach so guilty and I appreciate the call. Good to hear from you, man. Uh, We gotta gotta run. Get too much check on weather here. I think I was not I was not aware, I guess of how much that point that I just made about the what is essentially a flip flop if you will, a change of rational That that that resonated with a lot of people that Burr originally said it was unconstitutional, and then he goes ahead and votes to convict. I am or of the mindset of Mitch McConnell on this. It's not to say that I love Mitch McConnell. I'm just saying, I tend to agree with his position, which was It did not rise to the legal level of incitement. And, um You do not get to impeach former office holders that if you want to go after somebody for accountability purposes, you do that in the judicial legal system in the judicial branch. That's where you settle those Those types of cases and I don't know if that means I'm a Mitch lover. I guess so. Be it. Uh, let's.
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"Institute of Technology Learn more at N J i t dot e d u This is a Bloomberg money minute. Airline passenger traffic has a long way to climb to recoup last year's losses. One trade group estimates that passenger traffic slid by almost two thirds from 2019. JetBlue CEO Robin Hayes says the Corona virus vaccine rollout is crucial to the recovery the long term solution to bring the industry In the whole travel industry back to health is to get people comfortable flying again on that's going to require a much larger number of people vaccinated. Bloomberg senior industry analyst George Ferguson, who looks to us like Major vaccination programs probably missed the son of flying season, he says. A full recovery this year is unlikely. You think the rest of the recovery comes into 2022 as business travel returns. Let me get you a summer flying season 2022. Hopefully that's got full effective vaccinations. The emergence of coronavirus variance is also a potential wildcard Gina serve Eddie Bloomberg radio Asset managers who sees changed the launch new strategies at distribution channels or exploit new technology to re engineer. The investor experience are often rewarded, however, in an industry paralyzed with complexity of you act with agility or decisively view around their businesses. Strategically yet the most competitive managers in the mark You know, with the right partner and a flexible operating system, you can go boldly toward change with S E I investment manager Services. I'm Steve Myers, President Bessie Eyes invested manager Services.
Bloomberg Radio New York
"robin hayes" Discussed on Bloomberg Radio New York
"One trade group estimates that passenger traffic slid by almost two thirds from 2019. JetBlue CEO Robin Hayes says the Corona virus vaccine rollout is crucial to the recovery. The long term solution to bring the industry bring the whole travel industry back to health. Is to get people comfortable flying again on that's going to require a much larger number of people vaccinated. Bloomberg senior industry analyst George Ferguson, who looks to us like Major vaccination programs probably missed the summer flying season. He says. A full recovery this year is unlikely. You think the rest of the recovery comes into 2022 as business travel returns. Let me get you a summer flying season 2022. Hopefully that's got full effective vaccinations. The emergence of coronavirus variance is also a potential wildcard. Gina, serve Eddie Bloomberg radio. Hey, y'all! Jeff Foxworthy here Now, if you've ever found yourself, repeating the same thing over and over for 75 years, you might be Smokey Bear on Lee, you can prevent wildfires. That's why I'm filling in for Smokey to switch things up because there's a lot more to say. And I should know because my grandfather was a firefighter, and one of the things he taught me is that the people that love the outdoors, the most are often the ones accidentally starting wildfires. Which means always be. Why, Obie, No. Bring your own bucket to the campfire. And be extra careful with things like burning yard trimmings don't just.