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Latest news with #SonaliBasak

General Motors Bracing for a $1.1B Tariff Hit
General Motors Bracing for a $1.1B Tariff Hit

Bloomberg

time2 days ago

  • Automotive
  • Bloomberg

General Motors Bracing for a $1.1B Tariff Hit

Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." GM shares fall as it struggles to keep up its profitability. GM CFO Paul Jacobson tells Bloomberg Open Interest the company is onshoring most of its production to offset the tariff impact. A mixed bag with tech earnings, as Google aims for its longest winning streak since 2010, and NXP Semiconductors falls short thanks to auto sector uncertainty. And is the meme mania back? Kohl's soars triple digits as retail traders talk up the stock. And the Chairman and CEO of Fifth Third Bank tells Open Interest that he's excited to embrace digital currency technology. (Source: Bloomberg)

How Carlyle CEO Harvey Schwartz Made It to the Top
How Carlyle CEO Harvey Schwartz Made It to the Top

Bloomberg

time2 days ago

  • Business
  • Bloomberg

How Carlyle CEO Harvey Schwartz Made It to the Top

Wall Street is a place where who you know—as much as what you know—can make all the difference. For a young Harvey Schwartz, that axiom took on a very different meaning than its usual combination of wealth and privilege. Now the chief executive of The Carlyle Group Inc., Schwartz, 61, climbed an unlikely path to the top. It began with a teenage struggle for success both in academics and athletics, navigating the mental health issues of his parents and eventually failing out of of high school in Morristown, New Jersey. On this episode of Bullish with Sonali Basak, we sit down with Schwartz to hear how the hard lessons of his difficult early years, and the helping hands of key people in his life, turned everything around.

Powell Replacement Needs 'Market Credibility'
Powell Replacement Needs 'Market Credibility'

Bloomberg

time6 days ago

  • Business
  • Bloomberg

Powell Replacement Needs 'Market Credibility'

On Bloomberg Businessweek Daily, Tim Stenovec and Sonali Basak talk with Bloomberg's Mike McKee on the necessity of possible Powell replacements having market credibility. Bloomberg News White House Editor Jordan Fabian also joins to discuss President Trump seeking the release of ggrand jury testimony from the prosecution of Jeffrey Epstein. Huntington Bank CFO Zach Wasserman joins alongside Bloomberg News Senior Editor Nina Trentmann to discuss earnings, as well as Walton Global Executive Vice President of Capital Markets Katie Hubbard discussing the 'gummed up' housing market and the impacts of tariffs. (Source: Bloomberg)

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