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Senator Ron Johnson (R-Wisconsin) discusses whether or not it is time to vote on secondary sanctions against Russia. The Senator also talks about the ongoing government shutdown and the need to pay federal employees. He speaks with Joe Mathieu and Julie Fine on the late edition of Bloomberg's "Balance of Power."
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Tesla posted third-quarter profit that fell short of Wall Street’s expectations despite record electric-vehicle sales, a sign of the pressure automakers are facing from shifting federal policies and rising costs.
Adjusted earnings were 50 cents per share in the period, the company said Wednesday in a statement. Analysts had expected 54 cents on average in estimates compiled by Bloomberg. Revenue was $28.1 billion.
For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with:
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Amazon Robotics Chief Technologist Tye Brady discusses Amazon's new robotics announcements, people and machines working together, Amazon's goal with robotics, and how robotics will change the workplace and labor force. Brady spoke with Bloomberg's Tim Stenovec and Carol Massar.
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Republican US Representative Jason Smith speaks with Bloomberg's Joe Mathieu and Tyler Kendall on the government shutdown and the long-term stopgap funding
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Jim Chanos, President and Founder of Chanos & Company speaks with Bloomberg's Scarlet Fu on private credit markets, which company has 'Lots of Red Flags' and his feelings on bitcoin, and more.
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AT&T CEO John Stankey speaks on the company's latest earnings report, his perspective on the pricing environment for wireless services, and more. He speaks with Bloomberg's Ed Ludlow.
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Barclays Chief Executive Officer CS Venkatakrishnan says he’s “not happy” about the lender’s exposure to subprime auto lender Tricolor Holdings which filed for bankruptcy last month. “We are looking at what lessons we have learned and we have looked at it and applied it across our portfolio,” Venkatakrishnan speaks with Bloomberg's Guy Johnson, Kriti Gupta, and Anna Edwards
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Ireland's Minister of State for EU Affairs and Defence Thomas Byrne discusses EU plans to impose further sanctions on Russia, plus how the bloc should respond to China's rare earth export curbs. He spoke to Stephen Carroll on "Bloomberg Daybreak Europe" in Brussels.
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Netflix said a tax dispute with Brazil cut into third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.
The world’s most valuable entertainment company posted quarterly operating income of $3.24 billion, according to a statement Tuesday, about $400 million below its own forecast and analysts’ estimates. The company’s outlook for the current quarter is largely in line with Wall Street projections.
Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022. The company had identified the potential risk in previous filings – but not in its earnings guidance — and said it would have beaten forecasts if not for the expense. Future payments will be smaller.“We don’t expect this matter to have a material impact on future results,” the company said.
For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with:
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Republican Congressman representing Wisconsin's 1st District Bryan Steil discusses the government shutdown, President Trump's involvement, healthcare premiums, and the impact of the shutdown on Wisconsin farmers. Steil spoke with Bloomberg's Joe Mathieu and Tyler Kendall.
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