Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Nacco Industries (NC). Nacco Industries Inc.'s shares are headed for their biggest gain in seven years after the company laid out a plan to revert to its past focus on coal production. Nacco said it would spin off its housewares business as Hamilton Beach Brands sometime his quarter. The breakup follows the 2012 spinoff of Nacco's lift-truck unit as Hyster-Yale Materials Handling Inc., which is publicly traded.

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Nacco Industries (NC). Nacco Industries Inc.'s shares are headed for their biggest gain in seven years after the company laid out a plan to revert to its past focus on coal production. Nacco said it would spin off its housewares business as Hamilton Beach Brands sometime his quarter. The breakup follows the 2012 spinoff of Nacco's lift-truck unit as Hyster-Yale Materials Handling Inc., which is publicly traded.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Bloomberg Markets: Dave Wilson’s Stock of the Day for Aug. 21

Bloomberg Markets: Dave Wilson's Stock of the Day for Aug. 21

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ab2cf294-7862-4705-b253-ae2b00e4c851/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

President Donald Trump welcomes China's Xi Jinping to Washington today for a state visit that looks more focused on pageantry than policy, with low expectations for breakthroughs on long-standing feuds. The summit will bring together a robust gathering of US corporate leaders, but no comparable delegation from China, raising questions about the prospects of even any new business. One area Trump and Xi may find common ground is AI safety. While Silicon Valley debates the possibility of the technology wiping out humanity, Washington and Beijing have signaled no intention to slow down development. Meanwhile, energy risks and related inflationary impacts tied to conflict in the Middle East continue to weigh on global economies.

On today's episode:
Heidi Crebo-Rediker, Senior Fellow for Geoeconomics at the Council on Foreign Relations
Spanish Prime Minister Pedro Sanchez
Kyle Stock, Bloomberg News Senior Correspondent
Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> President Donald Trump welcomes China's Xi Jinping to Washington today for a state visit that looks more focused on pageantry than policy, with low expectations for breakthroughs on long-standing feuds. The summit will bring together a robust gathering of US corporate leaders, but no comparable delegation from China, raising questions about the prospects of even any new business. One area Trump and Xi may find common ground is AI safety. While Silicon Valley debates the possibility of the technology wiping out humanity, Washington and Beijing have signaled no intention to slow down development. Meanwhile, energy risks and related inflationary impacts tied to conflict in the Middle East continue to weigh on global economies. On today's episode:
<ul>
<li>Heidi Crebo-Rediker, Senior Fellow for Geoeconomics at the Council on Foreign Relations</li>
<li>Spanish Prime Minister Pedro Sanchez</li>
<li>Kyle Stock, Bloomberg News Senior Correspondent</li>
<li>Mark Gurman, Bloomberg News Managing Editor for Global Consumer Tech</li>
</ul>

Trump Meets Xi in Washington as Domestic Woes Grow

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c0d88c1d-03d8-4bbb-9e23-b4ce01628f67/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Anthony Scaramucci, Founder & Managing Partner at Skybridge Capital & former White House Communications Director, discusses his new book All the Wrong Moves, which argues that major bipartisan policy decisions on China trade, the Iraq War and the 2008 financial crisis helped create the economic and political conditions behind Donald Trump’s rise to power.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a> Anthony Scaramucci, Founder &amp; Managing Partner at Skybridge Capital &amp; former White House Communications Director, discusses his new book All the Wrong Moves, which argues that major bipartisan policy decisions on China trade, the Iraq War and the 2008 financial crisis helped create the economic and political conditions behind Donald Trump&rsquo;s rise to power.

Anthony Scaramucci on Trump, Wall Street and America’s Economic Anger

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d1108f2d-5cc0-46db-8529-b4cd0168056f/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

President Trump said US officials had a “very good” meeting with Iranian representatives, a rare direct encounter that offers a fresh opportunity to restart talks to end the nearly seven-month war. Trump didn’t provide details on who participated in the meeting, but referred to his special envoys Steve Witkoff and Jared Kushner, who sat alongside the president. 

The US administration has signaled a renewed effort to end the war in the Middle East, with Trump claiming the conflict will end just after the November US midterm elections, if not before. Earlier on Tuesday in his UN address, Trump threatened to “annihilate” Iran if its officials don’t strike a deal. Meantime, President Trump dismissed calls for an international agreement to put guardrails around the development of artificial intelligence, brushing off concerns about the dangers of frontier models going rogue.

On today's episode:
Tyler Kendall, Bloomberg News Washington Correspondent & Nick Wadhams, Bloomberg News National Security Reporter
Becca Wasser, Defense Lead for Bloomberg Economics
Ellen Wald, Senior Fellow at The Atlantic Council Global Energy Center
Mandeep Singh, Global Head of Technology Research for Bloomberg Intelligence

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a> President Trump said US officials had a &ldquo;very good&rdquo; meeting with Iranian representatives, a rare direct encounter that offers a fresh opportunity to restart talks to end the nearly seven-month war. Trump didn&rsquo;t provide details on who participated in the meeting, but referred to his special envoys Steve Witkoff and Jared Kushner, who sat alongside the president. The US administration has signaled a renewed effort to end the war in the Middle East, with Trump claiming the conflict will end just after the November US midterm elections, if not before. Earlier on Tuesday in his UN address, Trump threatened to &ldquo;annihilate&rdquo; Iran if its officials don&rsquo;t strike a deal. Meantime, President Trump dismissed calls for an international agreement to put guardrails around the development of artificial intelligence, brushing off concerns about the dangers of frontier models going rogue. On today's episode:
<ul>
<li>Tyler Kendall, Bloomberg News Washington Correspondent &amp; Nick Wadhams, Bloomberg News National Security Reporter</li>
<li>Becca Wasser, Defense Lead for Bloomberg Economics</li>
<li>Ellen Wald, Senior Fellow at The Atlantic Council Global Energy Center</li>
<li>Mandeep Singh, Global Head of Technology Research for Bloomberg Intelligence</li>
</ul>

Trump Addresses Iran Meeting, AI Worries at United Nations

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ed3036de-2b00-4066-a0b1-b4cd016b3fc0/transcript

Bloomberg Markets: Dave Wilson's Stock of the Day for Aug. 21

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