Trump Sends Tariff Letters; Apple Loses Top AI Exec to Meta

Trump Sends Tariff Letters; Apple Loses Top AI Exec to Meta

On today's podcast:
1) President Trump sends out a wave of tariff letters, while suggesting he's open to negotiations. President Trump released letters threatening higher tariffs, but he extended the deadline for talks to Aug. 1, the day that the new levies will take effect. The letters were released two days before agreements were due from trading partners facing Trump’s so-called reciprocal levies.
2) The death toll rises in Texas as questions remain about preparedness for the disaster. More than 100 people have been confirmed dead in floods that tore through central Texas over the weekend. The disaster has sparked debate about whether anything more could have been done to prevent it, with questions raised about warning systems, forecasts, and notification of people in the affected areas.
3) A setback for Apple as a top AI executive leaves to join Meta. Ruoming Pang, a distinguished engineer and manager in charge of Apple's foundation models team, is leaving for Meta Platforms Inc. Meta offered Pang a package worth tens of millions of dollars per year, according to people with knowledge of the matter. Pang's departure could be the start of a string of exits from the AFM group, with several engineers telling colleagues they are planning to leave in the near future to Meta or elsewhere, the people said.

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Episoder(1631)

Iran Hits UAE Gas Field; Trump Delays China Summit

Iran Hits UAE Gas Field; Trump Delays China Summit

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Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

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16 Mar 16min

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to next week’s monetary policy decision from the Fe...

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Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) US President Donald Trump threatened Iran with further attacks after the Islamic Republic’s new leader signaled defiance a...

13 Mar 15min

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China t...

12 Mar 15min

Massive Oil Stockpile Release; Iran Market Volatility

Massive Oil Stockpile Release; Iran Market Volatility

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The International Energy Agency is proposing a release of emergency oil reserves, according to a person with knowledge of ...

11 Mar 15min

Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

Iran War To End 'Soon' Says Trump, Oil Prices Tumble As Stocks Gain

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump on Monday said the US and Israel were making significant progress in their war on Iran and could end the con...

10 Mar 15min

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Oil Surges Past $100 a Barrel; Khamenei’s Son Takes Power in Iran

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran named the son of the late Ayatollah Ali Khamenei as its new supreme leader and President Trump called $100 oil a “small...

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