Latest

Opportunity in Asia Health Care, Tech Stocks, Sit Says

Wilfred Sit, the Hong Kong-based chief investment officer for Asia at Baring Asset Management, talks about why health care and technology stocks offer the best opportunities in Asia, and why he favors China. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)

U.S. Lawmakers Question Takata on Air Bags

U.S. lawmakers have been questioning Takata about what it’s doing to fix airbag defects. They want to know the root cause of the problem that have led to at least 34M cars being recalled. Bloomberg Intelligence’s Steve Man discusses the testimony on “First Up.” (Source: Bloomberg)

Fitbit Plans to Raise $478M in an IPO This Year

Fitbit is looking to plan an IPO later this year. The maker of wearable fitness devices says it plans to use the proceeds for research and development and potential acquisitions. Bloomberg’s Rosalind Chin reports on “First Up.” (Source: Bloomberg)

Greece, Creditors Offer Rival Plans to Avoid Default

Greece and its creditors are putting rival plans on the table to avert a default. The urgency of reaching a deal has intensified after months of fruitless talks and missed deadlines. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)

Blatter to Step Down as FIFA Scandal Widens

In a surprise move, Sepp Blatter resigned from FIFA after a 17-year reign atop soccer’s governing body, just three days after being re-elected as president. Bloomberg Businessweek’s Andrew Martin reports on “First Up.” (Source: Bloomberg)

Luxury

The $195M Home: Selling America's Most-Expensive Listing

One of the biggest homes in U.S. history is rising on a Los Angeles hilltop, and the developer hopes to sell it for a record $500 million. Bloomberg's Ramy Inocencio takes a look at the mega mansions and what goes into selling them. (Source: Bloomberg)

Rare Birkin Handbag Sells for Record $223K

A designer handbag made auction history last night when it sold for a record $223K at Christie’s in Hong Kong. Bloomberg’s Yvonne Man reports on “First Up.” (Source: Bloomberg)

Our Watches Are a Revolutionary Technology: Stein

Philip Stein President and Co-Founder Will Stein discusses his company’s luxury watches and how they’ve combined the timepieces with wellness technology. He speaks to Bloomberg’s Rishaad Salamat on “Trending Business.” (Source: Bloomberg)

Tesla's Push to Sell Cars to Texans Gets the Boot

Elon Musk has been shut out of the Lone Star state again. For the second time in two years, Tesla Motors is walking away in defeat from Texas after failing to convince lawmakers that it should be allowed to sell its $100,000 electric cars in the state. Bloomberg's Cory Johnson reports on "Bloomberg Markets." (Source: Bloomberg)

Bloomberg Surveillance

Tying John Nash's Game Theory to Greece

Stanford University Economics Professor Alvin Roth discusses the life and career of Nobel Laureate John Nash and his legacy in today's economics. Canaccord Genuity U.S. Portfolio Strategist Tony Dwyer also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Trends vs. Bubbles: A View of Academics, Economists

Tony Dwyer, U.S. portfolio strategist at Canaccord Genuity, and Stanford University Economics Professor and Nobel Laureate Alvin Roth discuss how market bubbles are viewed and the worlds of academics and economists. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg West

Big Data Meets Big Surveillance: Bloomberg West (06/01)

Full episode of "Bloomberg West." Guests: House Judiciary Committee Chairman Representative Robert Goodlatte, Egnyte CEO Vineet Jain, Varmour Global's Ryan Wagner and Google X Founder Sebastian Thrun, Button CEO Michael Jaconi, and Shazam CEO Rich Riley (Source: Bloomberg)

Billionaires

Gina Rinehart Loses Control of $3.8B Family Trust

Asia’s wealthiest woman, Gina Rinehart, has lost a four-year court battle over control of her family trust which is worth about $4B. Bloomberg’s Dan Petrie reports on “Trending Business.” (Source: Bloomberg)

Billionaires' Deal Club Still Lacks Dish's Ergen

Charlie Ergen is once again on the outside of consolidation as another telecom mogul strikes a deal. The billionaire’s satellite-TV provider Dish Network is still flying solo after more than $700 billion in industry deals by rivals in the last three years. Bloomberg's Brooke Sutherland has more on "Bloomberg Markets." (Source: Bloomberg)

The Billionaire Behind Charter's Bid for Time Warner

Charter Communications recently announced it will buy Time Warner Cable for $55 billion. The merger will create the second-largest cable company in the U.S., with 17 million subscribers compared with Comcast’s 22 million. The big winner in this deal: John Malone, controlling shareholder of Charter and the most important media mogul you’ve never heard of. Bloomberg Businessweek’s Sam Grobart reports. (Source: Bloomberg)

Goldin Chairman Made, and Lost, Billions

The Chinese tycoon who lost billions when his companies plunged in Hong Kong says he simply doesn’t care. Goldin Chairman Pan Sutong has seen shares soar and plunge over the last six months. Bloomberg’s Frederik Balfour reports on “Trending Business.” (Source: Bloomberg)

Russia’s Richest Man Keeps Getting Richer

Bloomberg’s Ryan Chilcote recaps his interview with Russia’s richest man, Vladimir Potanin, chief executive officer of Norilsk Nickle, who spoke about the impact of sanctions against Russia and his relationship with President Vladimir Putin. He speaks on “Market Makers.” (Source: Bloomberg)

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