Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries...
Le Pen Exclusive, CEO Killing Bullets ‘Inscribed’, Russian Ransomware Targets
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Emmanuel Macron said he will serve out the remainder of his presidential term as he seeks to quickly stymie the political turmoil in France after Marine Le Pen’s far-right party allied with leftist lawmakers to topple his government.(2) A measure of France’s bond risk fell amid hopes lawmakers will strike a deal on next year’s budget sooner than many investors had expected, ending months of political impasse that has weighed on markets.(3) The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, according to people familiar with the matter.(4) UK household incomes will be held back by budget tax increases in a blow to Prime Minister Keir Starmer’s new goal of “raising living standards in every part of the UK,” according to the Confederation for British Industry.(5) Citigroup has named 344 new managing directors, the most in at least six years for the Wall Street bank.See omnystudio.com/listener for privacy information.
--------
21:10
France Plunges Deeper Into Crisis, CEO Shot Dead In NYC & Bitcoin Tops $100,000
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron is seeking a new prime minister after a no-confidence motion against his government was passed with the help of the far right and left.(2) The French government's no-confidence vote has created uncertainty for the euro, which may face further headwinds due to the political instability.(3) Brian Thompson, a 50-year-old UnitedHealth Group executive, was fatally shot in midtown Manhattan outside the New York Hilton Midtown where the company was hosting its investor day.(4) President elect Donald Trump's pick for the head of the US securities regulator, Paul Atkins, has lifted Bitcoin's value to a record high of over $100,000.(5) The boss of Lloyds Banking Group has warned the uncertainty around lawsuits and regulatory probes into motor finance mis-selling is making it difficult for investors to have confidence in British banking, with ripple effects across the economy.See omnystudio.com/listener for privacy information.
--------
15:55
Macron's Plea, South Korea Chaos & London's Shrinking Stock Market
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Emmanuel Macron called on French lawmakers to set aside their personal ambition and reject a vote that would topple the government and throw the country into political turmoil.(2) South Korea’s currency recovered while its stocks fell Wednesday, as investors braced for prolonged political uncertainties following a brief decree of martial law by President Yoon Suk Yeol.(3) Revolut boss Nik Storonsky would still prefer to float his fintech company in the US, saying that markets in the UK can’t compare.(4) Takeovers of London-listed companies are shrinking the UK stock market at the fastest pace in more than a decade.(5) Meta is seeking as much as 4 gigawatts of new nuclear energy as the company looks for a reliable electricity source for its data centers. About 45 companies have delisted from the London market this year due to mergers and acquisitions, up 10% from the tally for all of last year, according to data compiled by Bloomberg.See omnystudio.com/listener for privacy information.
--------
16:58
France Faces 'Moment of Truth', Elon Musk's Fortune & Biometric Border System Woes
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French Prime Minister Michel Barnier warned lawmakers that France has reached its "moment of truth," as far-right leader Marine Le Pen is set to join a left-wing coalition to topple his government as soon as this week.(2) The UK doesn't need to trade off its special relationship with the US against its European alliances, Prime Minister Keir Starmer said, despite concern that President-elect Donald Trump's plans to ramp-up tariffs will drive a wedge between the allies. (3) SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk's rocket and satellite company to around $350 billion, according to people familiar with the matter. (4) Elon Musk's record-setting Tesla Inc. pay package was struck down once again by a Delaware judge, threatening to wrest billions of dollars from the world's richest person and one of Donald Trump's closest confidants. The stock options package was initially worth $2.6 billion and spiked to $56 billion by the time the judge cancelled it. The package was worth $101.5 billion at Monday's closing price.(5) Previously unreported documents show how the rollout of a landmark new EU biometric border system has been dogged by financial and technical problems that have led to multiple delays.See omnystudio.com/listener for privacy information.
--------
19:32
Biden Pardons Son Hunter, France 'Won't Be Blackmailed' & Europe's Sick Day Problem
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Joe Biden has signed a sweeping pardon for his son Hunter Biden, reversing his previous stance that he would not use his executive powers to aid his son.(2) In an exclusive Bloomberg interview, France's Finance Minister Antoine Armand refuses to accept Marine Le Pen's demands for budget changes, saying the government won't be blackmailed.(3) Ireland is likely to return a coalition government of Fianna Fail and Fine Gael, bucking the international trend of ousting incumbent parties.(4) Rebels in Syria opposed to President Bashar al-Assad captured Aleppo and are headed towards Hama, with Damascus in their sights.(5) Stellantis CEO Carlos Tavares, known for his cost-cutting drive, stepped down from the automaker following a dispute with the board over how to arrest weakening sales and a stock slump.(6) Workers across Europe are taking more sick days, and economic costs are mounting.See omnystudio.com/listener for privacy information.
Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.