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Chevron ‘Concerned’ Over Hormuz Transit as US, Iran Trade Fire
Chevron Corp. is concerned about the safe passage of ships through the Strait of Hormuz as the US attempts to restore transit through the strategic Persian Gulf waterway, said Chief Executive Officer Mike Wirth.
Kalshi Grilled by Massachusetts High Court Over What Gambling Is
The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial arrangements between people using “swap” contracts on events like sports.
Gargash slams Iran, calls attacks 'moral bankruptcy'
Abu Dhabi: Anwar Gargash, Diplomatic Adviser to the UAE President, has condemned the dangerous Iranian escalation following today’s attacks targeting the country, saying the targeting of civilians is nothing but the “moral bankruptcy” of a regime that has chosen aggression while dealing with its neighbours.In a post on social media, Gargash said the UAE’s firm and principled position would not be shaken by the escalation and would not allow it to shape the future of relations in the region. “Onc...
Port Alliance company boosts cargo throughput by 17.8% yoy in April
The Osterra terminal boosted throughput by 57.8% in April and reached the level of 2.16 mln metric tons
Suicide attack foiled on army check post in South Waziristan; civilian killed, 15 injured
SOUTH WAZIRISTAN: An attempted suicide attack on a security forces’ post near Azam Warsak Bazaar, in Khyber Pakhtunkhwa’s South Waziristan area, was foiled on Monday evening, officials said. According to security sources, the attacker attempted to target the army post using an explosives-laden coach; however, due to timely action by Pakistan Army personnel, the vehicle was destroyed before reaching its target. Police officials said the explosion damaged a nearby religious seminary, a petrol pump...
Wall Street Leaders Gather at Milken as Mideast Tensions Rise | Open Interest 5/4/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Oil spikes as fresh headlines show Middle East tensions are far from over, pulling focus from strong megacap tech earnings. Dani Burger sits down with top power players at the Milken Institute Global Conference, including Apollo Co-President John Zito, Oaktree Co-CEO Armen Panossian, and PJT Partners CEO Paul T...
ECB’s Nagel Sees Case for Hike Without Marked Inflation Progress
The European Central Bank will need to raise borrowing costs in June as long as there’s no significant improvement in the outlook for consumer prices, Governing Council member Joachim Nagel said.
U.S. Warns China Over Iranian Oil as Sanctions Fight Intensifies
China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
Bloomberg Surveillance 5/4/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
JPMorgan Hires Morgan Stanley’s Boyle to Lead PE Secondaries
JPMorgan Chase & Co. hired Will Boyle from Morgan Stanley to lead its team that advises private equity firms on structuring private deals, as the bank looks to build out its capital advisory business for sponsors.
JPMorgan Sees Higher Downgrade Risk for NYC Amid Tax Pushback
New York City’s risk of seeing a credit-rating downgrade has increased, according to JPMorgan Chase & Co. strategists.
GameStop’s ‘Highly Confident’ $20 Billion TD Letter Echoes Drexel
GameStop Corp.’s audacious $56 billion bid for eBay Inc. is relying on a tactic made famous by the corporate raiders of the 1980s to help prove it has the means to carry out the deal — if not the cash in hand.
Zhukovsky Airport starts passenger terminal expansion
According to current forecasts, the passenger traffic may reach 1.5 mln passengers as of 2026 year-end
Inside the First Berkshire Shareholder Meeting With Greg Abel as CEO
Greg Abel lead the Berkshire Hathaway Inc. shareholders meeting on Saturday for the first time as CEO. It was very different compared to when Warren Buffett ran the program. Matthew Palazola of Bloomberg Intelligence was there and came on Bloomberg Radio to talk about what he saw. (Source: Bloomberg)
Iran Is Desperate, But Regime Won't Change, Bremmer Says
Eurasia Group's Ian Bremmer says President Donald Trump doesn't have the ability to reopen the Strait of Hormuz right now. But he does say Iran is desperate. He speaks to Joe Mathieu and Carol Massar at the Milken Global Conference. (Source: Bloomberg)
US Has Opened a Passage Through Hormuz, Central Command Says
The US military helped two American-flagged ships go through the Strait of Hormuz as part of a broader effort to open a lane through the vital waterway, the commander of US Central Command told reporters.
Beef Processors in Spotlight as DOJ Confirms Antitrust Probe
The US Justice Department confirmed it was investigating potential antitrust violations in the meatpacking industry amid soaring domestic beef prices and a shrinking cattle herd.
Fatal 2022 China Plane Crash Points to Deliberate Fuel Cutoff
The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had its fuel supply cut mid flight, newly-released investigative material shows that bolsters the theory that the aircraft was intentionally brought down.
Japan Official Cites Rule on Multiple Interventions Being One
As currency traders continue to watch for potential Japanese moves to buy the yen, a Finance Ministry official from the nation on Monday cited a rule saying that three days of intervention count as a single operation.
Bank of Dave star spots Warburtons fire from helicopter
Bank of Dave star spots Warburtons fire from helicopter4 hours agoShareSaveAdd as preferred on GoogleMarc WaddingtonNorth WestDave FishwickA large fire has broken out at the Warburtons factory in BurnleyA large fire has broken out at a bread factory in Lancashire. The blaze at the Warburtons site in Burnley sent a plume of smoke hundreds of feet into the air, and was caught on camera by Dave Fishwick - founder of the credit union Burnley Savings and Loan - as he flew nearby in his helicopter.On...