Latest

Zoetis Will Fire Up to 2,500 Workers

Zoetis will fire as many as 2,500 workers -- about one-quarter of its workforce -- after facing pressure from activist investor Bill Ackman to pare down. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)

U.S. Trade Deficit Widened in March to Highest in 6 Years

The U.S. trade deficit widened in March to the highest level in more than six years, fueled by a record surge in imports as commercial activity resumed at West Coast ports following a resolution to labor disputes. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)

Einhorn’s Fracking Doomsaying Falls on Deaf Market Ears

Ron Thummel, portfolio manager at Tortoise Capital, and Bloomberg’s Vincent Piazza discuss market reaction to Greenlight Capital fund manager David Einhorn’s warnings on cash spent by oil drillers on fracking costs. They speak on “In The Loop.”

What’s Left on Sprint’s To-Do List?

Sprint gained subscribers for the second quarter in a row and posted higher earnings than analysts anticipated, in a sign that CEO Marcelo Claure’s turnaround plan is starting to take hold. Bloomberg Intelligence’s John Butler digs into the numbers on “In The Loop.” (Source: Bloomberg)

Disney Beats Analyst’s Estimates

Disney reported second-quarter profit that beat analysts’ estimates, bolstered by improving results at its theme-park and merchandise units in a period that lacked a major blockbuster like “Frozen.” Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)

Is Activism Good for Business?

Bloomberg’s Tom Keene and Olivia Sterns look at the Twitter question of the day. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)

Luxury

Inside the Grey Market for the Apple Watch in Hong Kong

There’s brisk business literally ON the streets of Hong Kong for the new Apple Watch. The scarcity, and huge demand in China, is driving a thriving secondary market for Apple’s latest must-have gadget. Bloomberg’s Stephen Engle went out on the watch for grey market watches. (Source: Bloomberg)

Meet Tapit, America's New Big Stud

May 1 -- If the thoroughbred breeding industry is back in the U.S. following the collapse triggered by the global financial crisis, then a striking ghost-white specimen named Tapit is the symbol — and more importantly, the DNA — of that rebound. Bloomberg's Mason Levinson has more on "Bottom Line."

Bloomberg Surveillance

Is Activism Good for Business?

Bloomberg’s Tom Keene and Olivia Sterns look at the Twitter question of the day. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)

Do the Swiss Know How to Save for a Rainy Day?

John B. Levy & Co. President John Levy and Columbia Business School Professor Charles Calomiris discuss the health of U.S versus European banks. They speak on “Bloomberg Surveillance.” (Source: Bloomberg)

Will Herbalife’s Earnings Prove Bill Ackman Right?

Bloomberg’s Cory Johnson previews Herbalife’s earnings and reports on the company’s running battle with Pershing Square Capital Management CEO Bill Ackman. Johnson speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Breaking Down the U.S. Jobs Gap

Bloomberg’s Tom Keene examines a chart showing the twenty-first century job gap. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg West

Remembering SurveyMonkey CEO David Goldberg

SurveyMonkey.com Chief Executive Officer David Goldberg died May 1 after collapsing and hitting his head while exercising, according to people briefed on the matter. Bloomberg's Emily Chang takes a moment to remember him on "Bloomberg West." (Source: Bloomberg)

Bill Ackman Would Think ‘Very Hard’ Before Next Short Bet

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, talks about the value of shareholder activism, the restaurant franchise and pharamaceutical industries, investment strategy and his position on short selling after his campaign with Herbalife Ltd. Ackman also discusses the outlook for Fannie Mae and Freddie Mac. He speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Equities Can Be `Great Way to Short Credit,' Meister Says

Keith Meister, founder of Corvex Management, talks about the performance of Yum! Brands Inc., investor activism in real estate investment trusts (REITs) and the outlook for equities as an asset class. Meister speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Pershing Square’s Bill Ackman Triggers CSX Slide

CSX quickly dropped to a session low after Pershing Square’s Bill Ackman told CNBC he won’t talk about CSX at the 20th Annual Sohn Investment Conference in New York. She speaks on “Bloomberg West.” (Source: Bloomberg)

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