Bloomberg Quicktake Podcasts

Prime Minister Rishi Sunak announced a new deal between Masdar and RWE to jointly invest up to £11 billion in the UK’s Dogger Bank giant offshore wind farm.“This is a huge boost for UK renewables, creating more jobs, helping to power 3 million homes and increasing our energy security,” Sunak said.He urged the world’s largest emitters to drive progr…

New economic data shows that the US economy is cooling. Here's what that means for Joe Biden plus other things that happened in Washington this week. --------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJv9Uw8Bloomberg Quicktake brings you global social video spanning business, technolo…

On Friday attorneys for former President Donald Trump appeared in a Fulton County Court. Lawyers for Trump asked for the dismissal of the case based on what they say are various flaws in the indictment drafted by Futon County DA Fani Willis.Steve Sadow, attorney for Trump told the court, "you take the facts as alleged in the indictment throughout t…

One of Elon Musk’s rockets carrying a South Korean spy satellite took off for orbit as the rivalry between the two Koreas expands beyond Earth.A SpaceX Falcon 9 carrying Seoul’s first domestically made reconnaissance satellite launched from the Vandenberg Space Force Base in California at 10:19 a.m. Friday, according to a SpaceX webcast. SpaceX end…

An Israeli government spokesperson on Friday suggested that actions by Hamas caused the termination in a temporary cease-fire in the Israel-Hamas war. Israel resumed fighting in Gaza minutes after the temporary cease-fire deal ended.--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJ…

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A moment of silence was held in honor of Sandra Day O’Connor, the first woman to serve on the U.S. Supreme Court. O'Connor died at the age of 93 Friday.O’Connor’s nomination in 1981 by President Ronald Reagan and subsequent confirmation by the Senate ended 191 years of male exclusivity on the high court.She was an unwavering voice of moderate conse…

The job at Goldman Sachs he never had. The college degrees he never got. Even the volleyball team he never played on. A year after George Santos was elected to US Congress — and was promptly revealed to be a serial fabulist, possibly worse — his colleagues finally did on Friday what so many had been urging for nearly a year: They kicked him out.The…

Ukrainian President Volodymyr Zelenskyy said on Thursday that the war with Russia was in a new stage, with winter expected to complicate fighting after a summer counteroffensive that failed to produce desired results due to enduring shortages of weapons and ground forces. Despite setbacks, however, he said Ukraine wouldn't give up.Zelenskyy also sa…

US Secretary of State Antony Blinken blamed Hamas for the end of a week-long truce that saw dozens of hostages released from the Gaza Strip, as fighting intensified and Israel signaled it would widen its campaign in the territory’s south.Blinken told reporters Hamas had gone back on promises to release some hostages and had fired rockets that kille…

Sandra Day O’Connor, who became the decisive vote on abortion, religion, race and other hot-button social issues during a history-making tenure as the first woman on the US Supreme Court, has died. She was 93.She died Friday morning in Phoenix, Arizona, of complications related to advanced dementia and a respiratory illness, the court announced. In…

The US House expelled George Santos, ending a brief but sensational turn in national politics by a serial fabulist now under criminal indictment for fraud, theft and lying to the government.The bipartisan 311-114 vote Friday to remove the New York Republican surpassed the two-thirds majority required by the Constitution to oust a member of Congress…

“How dangerous are we actually prepared to make our world?” King Charles III told leaders at #COP28 they face a “starker, darker choice” as humanity witnesses the effects of climate change. The UK monarch urged delegates to take concrete action at the summit in Dubai. --------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Blo…

North Korea's state media on Friday released photos showing their country's leader Kim Jong Un and his daughter wrapped in leather coats and wearing dark glasses visiting North Korean's Air Force Command. The event took place Thursday, the Korean Central News Agency (KCNA) said. North Korean state media often report news the day after it happens.Ki…

Cement has been used for thousands of years, but making the modern-day version generates huge amounts of greenhouse-gas emissions, further jeopardizing global climate goals. Now, innovators are racing for a scalable, affordable solution to decarbonize the world's main building block. One of them is Boston-based Sublime Systems, which is developing …

Indicted New York Representative George Santos says he's being bullied by those lawmakers that want to expel him from Congress. The House is trying to push out the Republican from New York. He spoke in Washington.--------Subscribe to our YouTube channel: https://trib.al/KM4k5RASubscribe to Bloomberg Originals: https://trib.al/dJv9Uw8Bloomberg Quick…

The future of money is in your pocket — the one you keep your phone in, not your wallet. A growing portion of the world’s population is making phone-assisted transactions. They’re using a variety of technologies, from the text-message system popular in Kenya to the seamless credit card-and-app arrangements that move money for every Lyft and Uber ri…

When factories belch smoke, everybody pays. Shouldn’t polluters be the ones to feel the sting instead? That’s the big idea behind carbon pricing: Add a levy so that emissions of greenhouse gases have a cost in line with their environmental damage. Using market forces should be the most efficient way to get companies to change their ways and to figh…

Call anything a Category 5 storm, disaster or crisis and immediately it sounds awful. The label owes much of its weight to the Saffir-Simpson Hurricane Wind Scale, which is cited routinely (if rarely by its full name) this time of year during the Atlantic hurricane season. But destructive storms like Hurricane Florence underscore the inherent weakn…

When it comes to saving the world’s rainforests, governments can make a big difference, and fast. Take Indonesia, which in 2012 surpassed Brazil as the world’s leader in tropical rainforest destruction. In 2017, it engineered a 60 percent drop in tree loss from the previous year by strictly enforcing protections in vulnerable regions. On the other …

Not so long ago, homebuyers, entrepreneurs and investors went hat-in-hand to the bank to apply for a mortgage, small-business credit line or brokerage account. Financial technology, or fintech, is rapidly changing all that by making it easier to save, borrow and invest online or with a mobile device, without ever dealing with a traditional bank. Fo…

A surge in mobile-data demand worldwide has more and more people asking when they’ll get that speedy next-generation 5G mobile service. Companies are wondering, too, since 5G has the potential to revolutionize everything from self-driving cars to robotic surgery. Mobile providers are racing to patent technologies that will form the industry standar…

A minute-long video of Barack Obama has been seen more than 4.8 million times since April. It shows the former U.S. president seated, with the American flag in the background, speaking directly to the viewer and using an obscenity to refer to his successor, Donald Trump. Or rather, his lips move as the words are spoken. The video is actually a so-c…

All eyes are on Canada as it prepares to legalize recreational marijuana in October, becoming only the second country to do so after Uruguay. The pending change has touched off an investment boom and pushed up valuations of Canada’s cannabis producers. They’re enjoying a first-mover advantage as medical and recreational pot gain traction from the U…

To see the impact of record-breaking temperatures around the world, watch wheat. Found in everything from bread to noodles, biscuits to cereals, beer to cakes -- there is no more widely grown staple crop and more than 170 million metric tons trade every year. So when the weather ruins harvests in one spot, it can shock markets and economies that ar…

Once again, stocks are hot. Following a drubbing earlier in the year, benchmark indexes are setting new records as investors ignore warning signs and keep piling in. Is this another rally justified by robust earnings, lower taxes and less regulation? Or is it something that rings alarms, a melt-up? Charlie Pellet talks to Luke Kawa to sort out the …

The allure of the West has helped shape Russian history since Peter the Great three centuries ago. Now it’s shattering even older bonds with Russia's neighbor, Ukraine. In 2013, a rebellion sparked by pro-European Ukrainians seeking a decisive break from the nation’s Soviet past set in motion a chain of events that created the tensest standoff betw…

DNA tests are a game-changing technology poised to reshape how we see ourselves and live our lives. So-called direct-to-consumer DNA testing companies like 23andMe, Ancestry and Helix advertise the ability to reveal your ancestry, inform you of your health status, and even guide you on how to exercise and eat -- all for $200 or less. Recent headlin…