Maxeon Seeks to Spend $1.2 Billion Building Biggest US Solar Factory
New Mexico factory will produce 3 gigawatts of cells, panels starting 2025. #press
United Pilot Miscommunication Led to Hawaii Jet Dive Last Year
A United Airlines Holdings Inc. flight suddenly dipped toward the ocean shortly after taking off from a Hawaii airport last December after pilots miscommunicated about a key setting for lift during its initial climb. #press
VC Spotlight: Investing Worldwide with 500 Global
Christine Tsai, CEO and founding partner of multi-stage venture capital firm 500 Global, discusses how the firm identifies burgeoning tech and talent to create value, and why now is a great time to expand investments outside the United States. She joins Ed Ludlow to discuss on "Bloomberg Technology." (Source:... #press
Italy Teams Up With KKR on Telecom Italia Grid
KKR & Co. signed a memorandum of understanding with Italy’s Finance Ministry in its €23 billion ($25.3 billion) bid for Telecom Italia SpA’s network, as Rome pushes to retain some oversight over an asset it deems strategic. #press
The Montgomery Brawl Song Captures the Music Industry’s Angst
Executives at both independent and major labels are struggling to master the new alchemy of listeners’ attention #press
Hawaii Wildfires Kill at Least 36
Wildfires fanned by winds from a far-off hurricane killed at least 36 people on the Hawaiian island of Maui and forced thousands to flee as flames engulfed the historic town of Lahaina. This is video from Aug. 10. (No audio) (Source: Bloomberg) #press
Disney, Tapestry, Monterey, and University Endowments (Podcast)
Source: Bloomberg, 64:37 #press
Should We Expect a Soft Landing? (Audio)
Source: Bloomberg, 9:13 #press
Why Hollywood’s Actors and Writers Have Gone on Strike
What’s really at stake here? #press
Yaccarino Says X’s Run Rate is Near Break-Even Levels
X, the company formerly known as Twitter, is seeing its operational run rate near break-even levels, CEO Linda Yaccarino said in an interview with CNBC. #press
Retailer Canadian Tire Warns Consumers Are Cracking Under High Rates
Canada’s largest publicly traded, big-box retailer is withdrawing its ambitious long-term profit target, saying inflation and higher interest rates are hammering consumer demand. #press
An Earnings Recession and a Soft Landing (Audio)
Source: Bloomberg, 8:56 #press
Easing Up: The Bloomberg Close, Europe Edition
Good afternoon. Here’s what you need to know to end your day. #press
Tapestry Plans to Use Coach Playbook to Turn Around Michael Kors
Coach owner Tapestry Inc. needs to turn around the struggling Michael Kors brand to get the most out of its $8.5 billion deal for the line’s parent company, Capri Holdings Ltd. #press
Siemens CEO Talks Earnings
Source: Bloomberg, 9:43 #press
https://www.bloomberg.com/news/audio/2023-08-10/siemens-ceo-talks-earnings?utm_source=press.coop
Maybe Fitch Had a Point After All: Opinion (Podcast)
Source: Bloomberg, 1:15 #press
Surveillance: US July CPI with Dutta (Podcast)
Source: Bloomberg, 24:38 #press
Fed-Favored Services Inflation Gauge Re-Accelerates in July
A gauge of core US services inflation watched closely by Federal Reserve officials re-accelerated last month, highlighting the potentially bumpy path back to pre-pandemic levels. #press
US Pushes Guns on Guatemala — A Country It Also Labels Violent and Corrupt #press
China, Real Estate, General Motors, and Roblox (Podcast)
Source: Bloomberg, 50:22 #press
