Air Canada CEO Quits After Furor Over Crash Condolence Video
Bloomberg Intelligence30 Maalis

Air Canada CEO Quits After Furor Over Crash Condolence Video

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

- Mathieu Dion, Bloomberg Montreal Bureau Chief, discusses Air Canada Chief Executive Officer Michael Rousseau stepping down after causing a public-relations disaster with a video about the deadly runway collision at LaGuardia Airport in New York. Rousseau will retire by the end of the third quarter, according to a statement by Air Canada, after he posted a video statement about the accident that was largely in English, with only "bonjour" and "merci" in French.

- Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, discusses the latest with Meta Platforms. Meta was looking like the best Big Tech stock in the market when the year began. But investors’ fears of legal risks and heavy spending on artificial intelligence are bubbling to the surface, culminating in last week’s 11% rout.

- Ed Price, Senior Non-Resident Fellow at New York University, discusses the latest on the Iran war. Missile strikes ripped across the Middle East over the weekend as Iran and its proxies lobbed attacks at US allies. President Donald Trump said he’s ready to make a deal with Iran, telling reporters Sunday aboard Air Force One that an agreement could come soon.

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