UPDATE: UBS CEO Talks Record Profits, Job Cuts & Apple Tries 3D Printing

UPDATE: UBS CEO Talks Record Profits, Job Cuts & Apple Tries 3D Printing

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) UBS smashed banking profit records in the second quarter and announces plans to eliminate about 3,000 Swiss jobs.

(2) The Chinese developer Country Garden has warned that it may default on its debt and raised concerns about staying in business.

(3) Sources tell Bloomberg Apple is testing the use of 3D printers to produce the steel cases for some of its upcoming smart watches.

(4) Elon Musk's social media network X is planning to gather more data from users than ever before.

See omnystudio.com/listener for privacy information.

Episoder(1056)

US & UK Strike Yemen, Oil Jumps & Private Credit Refunds

US & UK Strike Yemen, Oil Jumps & Private Credit Refunds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The US and UK launched airstrikes on more than 60 Houthi rebel targets in Yemen, sparking vows of retaliati...

12 Jan 202419min

Bitcoin Fund Officially Approved, France's Secretive Agency & Christie's Hot Mic

Bitcoin Fund Officially Approved, France's Secretive Agency & Christie's Hot Mic

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) US regulators have for the first time approved exchange-traded funds that invest directly in Bitcoin. The a...

11 Jan 202416min

Bitcoin ETF Approval Faked, Boeing CEO Admits 'Mistake' & Blackrock Cuts

Bitcoin ETF Approval Faked, Boeing CEO Admits 'Mistake' & Blackrock Cuts

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bit...

10 Jan 202412min

Boeing's Loose Bolts, Red Sea Warning & Barclays Headcount Drops

Boeing's Loose Bolts, Red Sea Warning & Barclays Headcount Drops

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) United Airlines says it found loose bolts in multiple Boeing 737 Max jets and Alaska Air indicated some loo...

9 Jan 202416min

Boeing Planes Grounded, A US Spending Deal & Europe's Detroit Threat

Boeing Planes Grounded, A US Spending Deal & Europe's Detroit Threat

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The grounding of Boeing Co.’s 737 Max 9 has quickly gathered pace, with carriers from the US to Panama to Tu...

8 Jan 202419min

Daybreak Weekend: Bank Earnings, UK Eco Data, Taiwan Election, Biden Polls

Daybreak Weekend: Bank Earnings, UK Eco Data, Taiwan Election, Biden Polls

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - As earnings season kicks off, we preview what we can expect from some of...

6 Jan 202434min

IS Claims Iran Attack, Treasury Bets Surge & Europe's Housing Shortage

IS Claims Iran Attack, Treasury Bets Surge & Europe's Housing Shortage

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Islamic State claimed responsibility for Wednesday’s attack in Iran that killed scores of people and threate...

5 Jan 202415min

Fed Rate Peak, Explosions in Iran & England's Council Crisis

Fed Rate Peak, Explosions in Iran & England's Council Crisis

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Federal Reserve policymakers agreed last month that it would be appropriate to maintain a restrictive stanc...

4 Jan 202416min

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