GM Slashes Guidance, Kohl’s Fires CEO

GM Slashes Guidance, Kohl’s Fires CEO

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

Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel

Today’s Podcast Features are:

David Welch, Bloomberg Detroit Bureau Chief, discusses General Motors cutting its full-year profit outlook due to as much as $5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President Donald Trump’s trade war.

Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, discusses Kohl’s saying its’ board terminated CEO Ashley Buchanan due to undisclosed conflicts of interest. An investigation conducted by outside counsel and overseen by Audit Committee of board determined Buchanan violated company policies by directing company to engage in vendor transactions that involved undisclosed conflicts of interest.

David Kirkpatrick, Founder of Techonomy, discusses tech earnings. Meta Platforms Inc. shares jumped after the company’s advertising sales quelled Wall Street concerns about the impact of the Trump administration’s trade war, with first-quarter revenue beating expectations.

Marci McGregor, Head of Portfolio Strategy for the CIO, at Merrill and Bank of America Private Bank, discusses her market outlook. Technology companies are powering US stocks on Thursday after the latest batch of robust earnings, with major indexes close to erasing losses sparked by the tariff shock that rattled markets just weeks ago.

See omnystudio.com/listener for privacy information.

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Stanford's Taylor Sees Advantage in Normalizing Rates (Audio)

Stanford's Taylor Sees Advantage in Normalizing Rates (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: FED IN FOCUS: John Taylor, Professor of Economics at Stanford University and Senior Fellow in Economics at the Hoover Institution, on global financial instability and the roles central banks play.See omnystudio.com/listener for privacy information.

4 Maj 201619min

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

Bloomberg's Wilson on Winners, Losers, Stock of the Day (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. Guest: Bloomberg stocks editor David Wilson on today's market winners, loses, and Stock of the Day: Glaukos (GKOS).See omnystudio.com/listener for privacy information.

4 Maj 201612min

Bloomberg's Halperin on Kasich, Cruz Exiting Race (Audio)

Bloomberg's Halperin on Kasich, Cruz Exiting Race (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Mark Halperin, co-author of “Game Change” and host of Bloomberg TV’s “With All Due Respect,” highlights political news: John Kasich and Ted Cruz dropping out of race; Trump moving ahead; Clinton vs Sanders.See omnystudio.com/listener for privacy information.

4 Maj 20165min

Bloomberg's Webb on Apple Revamping Its Music Service (Audio)

Bloomberg's Webb on Apple Revamping Its Music Service (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010Alex Webb, Bloomberg Tech reporter covering all things Apple, on revamping Apple music service and the sputtering smartphone market.See omnystudio.com/listener for privacy information.

4 Maj 20164min

Fed's Williams Supports June Hike, Sees 2% GDP Growth (Audio)

Fed's Williams Supports June Hike, Sees 2% GDP Growth (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox.\u0010\u0010GUEST:\u0010John Williams, President and CEO of the San Francisco Federal Reserve Bank, on the economy, rate hikes, inflation and jobs.See omnystudio.com/listener for privacy information.

3 Maj 201626min

Bloomberg's Butler: Cautious of Sprint's Network Upgrade(Audio)

Bloomberg's Butler: Cautious of Sprint's Network Upgrade(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: John Butler, Senior Telecoms Analyst for Bloomberg Intelligence, on Sprint's earnings and the FCC's upcoming spectrum auction.See omnystudio.com/listener for privacy information.

3 Maj 20168min

Pacific Heights' Cuggino Sees Global Growth Long Term (Audio)

Pacific Heights' Cuggino Sees Global Growth Long Term (Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Michael Cuggino, President of Pacific Heights Asset Management and portfolio manager at Permanent Portfolio Family of Funds, for a look at the markets and where he sees opportunities.See omnystudio.com/listener for privacy information.

3 Maj 201611min

Fed's Fernald on Changing Nature of Productivity in U.S.(Audio)

Fed's Fernald on Changing Nature of Productivity in U.S.(Audio)

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: John Fernald, Senior Research Advisor at the San Francisco Fed, discusses productivity and the economy.See omnystudio.com/listener for privacy information.

3 Maj 20168min

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