Two Democratic US senators called for an investigation into Elon Muskâs involvement in contracts between the US government and his company SpaceX, citing national security concerns raised by his reported contact with President Vladimir Putin.
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Updates
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Ukraine is producing millions of drones that could change the war. Now Kyiv just needs the funds to buy them.
Above Ukraine, a Sky Full of Drones Is Changing the War
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Singapore Airlines is forging new partnerships and alliances across Asia, expanding the reach of the region's top-ranked airline. Find out what it means for passengers in this week's Singapore Edition newsletter.
Asiaâs Airlines Partner Up, Blame Planemakers for Delays
bloomberg.com
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Fred Smith is no longer running the show at FedEx, but his nameâand sonâloom large as the new CEO tries to build a leaner company.
FedExâs CEO Is Charting His Own Pathâin the Smith Familyâs Shadow
bloomberg.com
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Bluey is everywhere, except in new episodes
Eager for More Bluey? Youâre Not Alone
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Ron Baron is getting a Trump bump tied to his firmâs big bet on Elon Muskâs companies. Baronâs buy-and-hold investment strategy has delivered long-term results that make him the envy of Wall Street.
Betting on Tesla Helped Ron Baron Beat the Index. Now Heâs Getting a Trump Bump
bloomberg.com
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At the last gathering of world leaders at COP, members reached a historic agreement on transitioning away from fossil fuels. This year? It's all about who will pay. On this episode of the Big Take podcast, Akshat Rathi tells Sarah Holder why the COP29 climate conference in Azerbaijan has been dubbed "finance COP." Listen to the full episode wherever you get your podcasts https://t.co/xBYmRPDTrc
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The Bill Hwang tapes and chats: How 72 hours of confusion across Wall Street cost banks $10 billion.
Bill Hwang Trial: New Evidence, Tapes Reveal 72-Hour Collapse of Archegos
bloomberg.com
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Bloomberg News reposted this
ICYMI: NatWest Group's Chief Digital Information Officer of Retail Wendy Redshaw talks with Lizzy Burden about how the bank is using AI, "You have to be thinking about evolution while you are thinking about controls," â¯ï¸ bloom.bg/48U941r #WinningInnovation
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Bloomberg News reposted this
Over the past year, I have interviewed dozens of workers and executives about #GenerativeAIâ from Hollywood writers to insurance underwriters, lawyers, marketing directors, academics, freelance illustrators and investors. Time and again, I have heard the same concern: that AI could replace the work of earlier career professionals who are just starting out. At first, I thought these concerns might be outliers. Most academics were suggesting the opposite, pointing to a âlevelling upâ trend where the use of generative AI boosts inexperienced workers the most. But the more I studied the exposure data and the more I spoke to professionals at all levels, the clearer the risks became. In a new essay for Bloomberg Weekend Edition, I draw on this research and discuss AIâs threat to entry-level work and career ladders. If AI takes over the work typically done by junior employees, the basic logic of white-collar apprenticeship â tedious work in exchange for valuable experience â will break down. The damage that could do to the next generation of professionals might not be visible until itâs too late. https://lnkd.in/eThkuge3
How AI Could Break the Career Ladder
bloomberg.com