Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

On today's podcast:
1) An appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now, allowing her to continue working while her lawsuit challenging President Trump’s move to dismiss her proceeds. The court's 2-1 ruling came just hours before the start of the Fed's meeting to vote on interest rates, and President Donald Trump could still ask the Supreme Court to step in.
2) President Trump is bringing a $15 billion defamation and libel lawsuit against The New York Times, according to a post on Truth Social. The suit is being brought in Florida, Trump says. The president accuses the publication of becoming a “mouthpiece” for the Democratic Party, citing its endorsement of former presidential candidate Kamala Harris among other concerns.
3) The Securities and Exchange Commission is "prioritizing" a proposal to reduce the frequency of corporate earnings reports after President Trump called for an end to quarterly reports. Trump said companies should report on a "Six (6) Month Basis" instead of quarterly, which he claims will save money and allow managers to focus on running their companies. Critics argue that shifting away from quarterly reporting could be a "gigantic step backward" and increase uncertainty and volatility on earnings results.

See omnystudio.com/listener for privacy information.

Avsnitt(1607)

Daybreak Weekend: The Double Dip, UK Housing, Korea Data, House Budget Battle

Daybreak Weekend: The Double Dip, UK Housing, Korea Data, House Budget Battle

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The Israel-Hamas Hostage Release; Details on the Niagara Falls Explosion

The Israel-Hamas Hostage Release; Details on the Niagara Falls Explosion

On today's podcast: 1) The first truce since the war between Israel and Hamas erupted last month went into effect on Friday morning. The deal came after weeks of complex and delicate talks brokered by...

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Daybreak Holiday: OPEC+ Delays, Holiday Shopping Begins, Google Antitrust Case, Ozempic Effect

Daybreak Holiday: OPEC+ Delays, Holiday Shopping Begins, Google Antitrust Case, Ozempic Effect

Bloomberg Daybreak Holiday Edition with Nathan Hager takes a look at some of the stories we're tracking around Thanksgiving. 1) What's in store for the energy space as OPEC+ delays its meeting?2) How ...

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Middle East Truce; Altman Returns as OpenAI CEO

Middle East Truce; Altman Returns as OpenAI CEO

On today's podcast: 1) Israel and Hamas Agree to Short Truce for Hostage Release 2) Altman Returns as OpenAI CEO 3) Nvidia Investors Give Ho-Hum Reaction to Latest Growth Surge See omnystudio.com/list...

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Microsoft CEO on Sam Altman and OpenAI Drama; Hostage Talks Progress Between Israel and Hamas

Microsoft CEO on Sam Altman and OpenAI Drama; Hostage Talks Progress Between Israel and Hamas

On today's podcast: 1) OpenAI said it’s in “intense discussions” to unify the company after another tumultuous day that saw most employees threaten to quit if Sam Altman doesn’t return as chief execut...

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Microsoft Hires OpenAI Co-Founder Altman; Hostage Talks Progress in Israel-Hamas War

Microsoft Hires OpenAI Co-Founder Altman; Hostage Talks Progress in Israel-Hamas War

On today's podcast: 1) OpenAI co-founder Sam Altman is joining Microsoft to lead its AI effort after the board replaced him with Twitch’s ex-CEO, a stunning reversal for the widely respected tech-evan...

20 Nov 202323min

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to B...

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Government Shutdown Averted; Gaza Telecom Services; AI Battle with China;

Government Shutdown Averted; Gaza Telecom Services; AI Battle with China;

On today's podcast: 1) President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over fed...

17 Nov 202317min

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